This is really helpful information! I've been putting off dealing with my FBAR requirements because I wasn't sure if my small foreign accounts even mattered. Reading through all these responses clarifies a lot - especially the point about aggregating ALL foreign accounts to hit that $10,000 threshold. I have a similar situation with a Revolut account (also UK-based) where I keep some Euros and GBP for travel. Never more than $2,000 total, but good to know I need to track the combined balances with any other foreign accounts I might open. The automatic October extension is also news to me - takes some pressure off since I'm always scrambling to get my regular taxes done by April 15th. Thanks everyone for sharing your experiences with both the tools and actually getting through to the IRS. This community is incredibly valuable for navigating these complex international tax requirements!

Just wanted to add a practical tip for anyone tracking their foreign account balances throughout the year - I set up monthly calendar reminders to screenshot my account balances and save them in a dedicated folder. This way I don't have to scramble at tax time trying to remember what my highest balances were. For Wise specifically, their monthly statements show the balance on the last day of each month, but you might hit your peak balance mid-month. I learned this when I transferred $8,000 through my Wise account in March but only kept it there for 3 days before sending it overseas. That brief spike still counted toward my FBAR threshold calculation even though my month-end statement showed a much lower balance. Also, don't forget that joint accounts count too! If you have signature authority over your spouse's foreign accounts or any business accounts, those balances get included in your $10,000 threshold calculation as well.

I've been through the amended return process with BoA twice in the past three years, and from my experience, they don't treat amended return deposits any differently than regular refunds once the IRS actually releases the funds. The key difference is that amended returns can have more unpredictable processing times on the IRS side - sometimes they release funds earlier or later than the DDD shows, especially if there were additional reviews or corrections. Since your amended return was accepted on April 12th and you're seeing a May 25th DDD, that's actually a pretty reasonable timeline. I'd expect your deposit to hit between 3-5am Eastern on Saturday (May 25th) just like everyone else is reporting. The banking side of the process remains consistent regardless of whether it's an original or amended return. Just keep checking your account Saturday morning - BoA is pretty reliable with their posting times once the IRS releases the funds.

I'm in a similar situation with BoA and a May 25th DDD! Filed my amended return back in February and have been anxiously waiting. Based on all the experiences shared here, it sounds like BoA is pretty consistent with their 3-5am Eastern posting window on the actual DDD. I'm a bit nervous since it's my first time dealing with an amended return, but hearing that Marina went through this process twice with no issues on the banking side is reassuring. Going to set my alarm for 4am Saturday morning to check - fingers crossed we all wake up to good news! Has anyone else noticed if BoA sends any notification when the deposit hits, or do you just have to check your balance manually?

I'm dealing with the exact same anxiety! Filed my 1040 about 10 days ago and have been stuck on "still being processed" with zero movement. Like you, I have a pretty straightforward return - just W-2 income, standard deduction, nothing complicated. Reading through everyone's experiences here is actually really comforting. It sounds like the 21-day processing window is more realistic than the "within days" expectation I had in my head. The stories about people's refunds showing up randomly in their bank accounts before the IRS website even updates are eye-opening - I've been religiously checking "Where's My Refund" but maybe I should be monitoring my bank account instead. The waiting is definitely harder when you have specific plans for that money. I'm in a similar situation where I was counting on my refund for some home repairs that can't wait much longer. But it sounds like most people do eventually get their money, even if the timing is unpredictable. Hang in there - based on all these responses, two weeks of no movement seems totally normal for this filing season!

I'm going through the exact same thing right now! Filed my 1040 about 12 days ago through H&R Block online, got the acceptance confirmation immediately, but have been stuck on "still being processed" ever since. My return is super straightforward too - just one W-2, standard deduction, no dependents or credits. Reading all these responses is honestly such a relief. I was starting to think something was wrong with my return, but it sounds like this is just the reality of tax season 2024. The 21-day timeline from acceptance seems to be the real benchmark to watch, not the "7-10 days" I was hoping for in my head. What's really helpful is learning that the "Where's My Refund" tool is basically useless this year. I've been checking it obsessively every morning, but based on everyone's experiences here, I should probably just be monitoring my bank account instead since refunds seem to show up randomly without any warning or status updates. @3889e6ce151f I hope your refund comes through soon, especially with the car repair situation adding pressure. At least we're all in this waiting game together and it's clearly a widespread issue rather than something specific to our individual returns!

have you tried accessing your account online at irs.gov? sometimes there's info there that doesn't show up on the transcript or wheres my refund. might be worth a try

I'm going through almost the exact same situation right now! Filed in January with EIC and have been stuck with codes 570 and 810 for months. It's so frustrating not knowing what's happening or when it will resolve. From what I've learned lurking in these forums, it seems like the IRS is really cracking down on EIC claims this year, especially with self-employment income. The combination of your high withholding amount compared to your final income plus the substantial EIC is probably what triggered the review. I know it doesn't help much, but you're definitely not alone in this. I've been checking my transcript obsessively every Friday when it updates, hoping to see that magical 571 code show up. The waiting game is absolutely brutal when you need the money for important things like medical bills. Have you considered reaching out to your local Taxpayer Advocate office? I've heard they can sometimes help expedite cases when there's financial hardship involved. Might be worth a shot given your medical situation. Hang in there - from everything I've read, most of these eventually do resolve, it just takes way longer than anyone wants to wait. 😔

I think everyone is overthinking this. If your LLC remained active (you paid the fees, maintained registration, etc.) then it was never "started up" again - it was just continuing. Section 162 expenses are for ongoing businesses. Section 195 startup costs are for brand NEW businesses or completely new activities that are totally different from what you did before. The fact that you had a dormant period doesn't magically turn regular business expenses into startup costs.

Just wanted to share another perspective on this since I've dealt with IRS audits on business continuity issues. The key factor the IRS looks at is whether you had "regular and continuous" business activity, not whether you had revenue. In your case, maintaining business licenses, keeping a website active, and being ready to respond to business opportunities demonstrates continuity of operations. The IRS Revenue Ruling 58-112 specifically addresses this - a temporary cessation of business activity doesn't convert regular business expenses into startup costs as long as the business entity remains active and you maintain the intent to continue operations. Your Section 162 treatment was absolutely correct. I've seen taxpayers get into trouble when they incorrectly reclassify continuing business expenses as startup costs during audits, because it raises red flags about whether they understand their own business structure. Stick with what you filed - you're on solid ground here.