Has anyone considered the fact that waiting just ONE MONTH would save potentially tens of thousands in taxes? I mean, I get the builder incentives might be good, but are they $15-20k good? Seems crazy to rush into a potentially big tax bill for a slightly better interest rate.

You might want to check if your move qualifies for a partial exclusion under the "unforeseen circumstances" provision. The IRS allows partial exclusions for moves related to health, employment changes, or other qualifying unforeseen circumstances. Moving closer to your kids could potentially qualify if it's for caregiving purposes or other family-related reasons that meet the IRS criteria. Even if you don't qualify for any partial exclusion, remember that you can add your selling costs (realtor commission, title fees, etc.) directly to your cost basis to reduce the capital gain. On a $415k sale with typical 6% realtor fees, that's about $25k in selling costs that reduce your taxable gain. Also, don't forget to include any capital improvements you've made since 2021 - new appliances, flooring, HVAC work, etc. These all increase your basis and reduce your gain. Keep all your receipts organized. Given the potential tax savings of waiting one more month versus the builder incentives, I'd run the actual numbers on both scenarios. Sometimes those builder rate buydowns are worth more than the tax hit, especially if you're planning to stay in the new home long-term.

I'm in a very similar situation! Just got my 811 code last Friday after being stuck with an 810 freeze since February. It's been such a long and stressful journey, but seeing all these success stories gives me hope that the 846 is finally coming soon. From what everyone's sharing, it sounds like 1-3 weeks after the 811 is pretty standard, with most people seeing it around the 2 week mark. I've already joined the Friday morning transcript checking club 😅 The waiting after getting the 811 almost feels harder because you KNOW you're so close! Thanks to everyone sharing their timelines - it really helps to know we're not going through this alone. Fingers crossed we all see those beautiful 846 codes soon! 🤞✨

Just wanted to jump in here since I'm going through the exact same thing! Got my 811 code about a week ago after having an 810 freeze for almost 4 months. The relief when I saw that 811 was incredible - felt like I could finally breathe again! From everything I've been reading here and other places, it sounds like we're looking at roughly 1-3 weeks from 811 to 846, with most people seeing it around the 2 week mark. I've definitely joined the Friday morning transcript checking club 😅 It's wild how we all end up with basically the same routine! The waiting after 811 is honestly almost worse than the freeze itself because you KNOW you're so close but still have to be patient. But seeing all these success stories gives me so much hope. We've made it through the hardest part - that 846 is coming soon! Hang in there everyone! 🤞

Did you check if they charged you a processing fee for the rollover? Sometimes those second 1099-Rs with withholding are because they took a fee and withheld taxes on that portion only. The distribution code 1 would be correct for that part.

This rollover situation is unfortunately more common than it should be. Based on your description, it sounds like Lincoln Financial incorrectly processed part of your rollover as a taxable distribution when it should have been coded as a direct rollover. The key thing to understand is that you have 60 days from the distribution date to complete an indirect rollover for any amounts that weren't directly transferred. If some of your funds were withheld for taxes but you can still get them into your IRA within that timeframe, you can avoid the early distribution penalty. However, since this happened last July, that 60-day window has likely passed. Your best bet is still getting Lincoln to issue corrected 1099-Rs showing the entire amount as a direct rollover (code G). When you call Lincoln again, specifically ask for their "Plan Administration" or "Participant Services - Tax Forms" department. Don't let them transfer you to general customer service. Explain that this was supposed to be a direct trustee-to-trustee transfer and that any withholding was done in error. If they push back, ask them to provide documentation showing you specifically requested tax withholding on a direct rollover (which would be unusual). Document everything - dates, names, reference numbers. If they continue to refuse, you may need to file a complaint with your state's insurance commissioner, as they regulate retirement plan administrators.

I was in your exact situation last month. Found my DD date on the Account Transcript under code 846, but it wasn't there initially. My transcript first showed codes 570 and 971, then updated a week later with the 846 code. Have you checked if you have any 570/971 codes on your transcript? Those usually indicate there's some verification happening before they set your deposit date.

Just wanted to add something that might help - if you're checking your transcript and don't see code 846 yet, don't panic! The IRS typically processes refunds in the order they were received, but there can be delays if your return needs additional review. I had to wait almost 3 weeks after my return was accepted before seeing my DD date appear. Also, make sure you're checking the transcript for the correct tax year - I accidentally looked at my 2022 transcript when I needed 2023 and thought something was wrong. The "Where's My Refund" tool on the IRS website updates less frequently than transcripts, so the Account Transcript is definitely your best bet for the most current info about your refund status.

I understand the anxiety about timing, especially as a recent graduate! From what I've seen in this community, SBTPG is pretty consistent with their processing. Since your transcript shows a DDD of 4/17, you should expect SBTPG to receive the funds either on 4/17 or within 24 hours after. Then it's typically another 1-2 business days before it hits your bank account. So realistically, you're looking at having your refund by 4/19 at the latest, possibly as early as 4/17 if everything processes smoothly. I'd recommend setting up an account on the SBTPG website to track the status - it really helps with the waiting game! Just remember that weekends can add an extra day to the timeline if your DDD falls on a Friday.

As someone who's been through this process multiple times, I can confirm that SBTPG is generally very reliable with their timing. Based on your DDD of 4/17, you should see the funds arrive at SBTPG either that day or within 24 hours. The key thing to remember is that SBTPG processes refunds in the order they receive them, and they typically disburse within 1-2 business days of receipt. Since you're a recent graduate dealing with financial stress, I'd suggest creating that SBTPG account others mentioned - it really does help with the anxiety of waiting. You'll be able to see exactly when they receive your refund and when they send it to your bank. Given that 4/17 falls on a Thursday this year, you'll likely have your money by Friday or Monday at the latest, assuming no processing delays. Hang in there - the wait is almost over!