According to IRS Publication 1345 (Rev. 1-2023), which covers Authorized e-file Providers, refund anticipation loans or advances are banking products not directly regulated by the IRS timing guidelines. The deposit timing is governed by the financial institution's policies and the Electronic Fund Transfer Act (Regulation E). Most Wisely card deposits for tax refund advances should be processed within 1-3 business days, though the cardholder agreement specifies they can take up to 5 business days in certain circumstances.

Based on what everyone's shared here, it sounds like 1-3 business days is the most common timeframe for tax refund advances to hit Wisely cards. Since you're an Uber/DoorDash driver and need the money ASAP for car repairs, I'd suggest: 1) Check the Wisely app frequently but don't stress if it shows "pending" for a day or two, 2) If it goes beyond 3-4 business days, definitely call customer service, and 3) Make sure you have the approval confirmation handy when you call. Good luck with the car repairs - I know how crucial reliable transportation is for gig work!

I'm in almost the exact same situation right now! Got code 570 on my transcript about a week ago with the $0.00 amounts showing everywhere. I was freaking out thinking my return got messed up somehow, but reading through all these comments is actually really reassuring. It sounds like this is just standard procedure when you have EIC - they automatically flag these for income verification. The March 3rd date on your 570 means you should hopefully see movement soon since we're already past that date. I've been obsessively checking my transcript too, so I totally get the stress! From what everyone's sharing, it seems like 2-4 weeks is pretty typical for these holds to clear. The $0.00 amounts are just placeholders that will fill in once they finish their review. Really hoping we both see those 571 codes pop up soon! Thanks for posting about this - it's good to know we're not the only ones dealing with these confusing codes.

I went through this exact same thing last year with the 570 code and those scary $0.00 amounts! I was convinced something was wrong with my return, but it turned out to be totally normal. The 570 with your March 3rd date is just income verification - super common when you claim EIC like you did. The $0.00 amounts are just placeholders while they review everything. Don't panic about those! Your cycle 20250605 is actually good news since weekly cycles move faster than monthly ones. I'd expect to see a 571 code (hold released) within the next week or two, then hopefully an 846 (refund issued) shortly after. The April 15th dates on your credits are just system defaults, not actual delays. Since we're already past your March 3rd hold date, you should see movement soon. Keep checking your transcript on Mondays when they update. The waiting sucks but these verification holds almost always clear automatically without any action needed from you. Hang in there!

The biggest thing to watch out for switching from in-person to online is making sure you accurately transfer last year's info. Enter the EXACT SAME personal info (names, SSNs, DOB) as your previous returns to avoid delays.

I made this exact switch two years ago and haven't looked back! Was paying around $300 at H&R Block and getting similar refunds to what you described. With TurboTax Deluxe, I now pay about $60 and get the same refund amounts. The key thing that gave me confidence was realizing that with W-2 income and kids, most of your refund comes from automatic credits (child tax credit, earned income credit if applicable) that any software will catch. The "professionals get you more money" thing is mostly true for people with complex situations like rental properties or businesses. One tip: Before you file, you can actually run through the entire process in TurboTax without submitting to see your estimated refund. If it's significantly different from what you normally get, then you know something might be off. But for straightforward situations like ours, the software is just as good as a human preparer who's probably using similar software anyway.

If the original Roth owner had the account less than 5 years before passing away, things get more complicated. The earnings portion could be taxable while the contributions remain tax-free. Did your 1099-R break down how much was contributions vs earnings?

This is a really comprehensive discussion already! One additional point to consider - if you're working with a tax professional this year, make sure to bring both the 1099-R and any documentation from the bank showing the direct transfer to the inherited Roth IRA account. Even though this should be straightforward (especially with distribution code "Q"), having that paper trail can be invaluable if the IRS ever questions the transaction later. The bank statement or transfer confirmation showing the money went directly from one Roth account to another without touching your personal accounts helps establish that this was a proper trustee-to-trustee transfer. Also, since you mentioned this is your first time dealing with inherited retirement accounts, you might want to ask the bank if they have any educational materials about inherited Roth IRA rules. Many financial institutions have gotten much better about explaining the SECURE Act changes and what they mean for beneficiaries.

Has anyone actually gotten an OIC approved recently? I heard they're rejecting almost all of them now because of new internal policies. Not sure if its even worth all this trouble with the expenses.

Based on your situation, you should list your reasonable share of the housing expenses even though you're not directly paying rent. The IRS looks at your overall household contribution, not just whose name is on specific bills. For your specific case, I'd recommend option 2 - listing the actual amount your partner pays ($1,500) as your housing expense, but you'll need to clearly document how you contribute to the household through utilities, groceries, and insurance payments. This shows the IRS that you're genuinely sharing the housing burden. Make sure to include: - A written explanation of your living arrangement - Bank statements showing your regular payments for household expenses - Documentation that your combined contributions (your utilities/food + partner's rent) cover the total household costs The IRS will compare this against their standard allowable amount ($2,400 in your case), and since $1,500 is less than the standard, it should be acceptable. The key is transparency and consistent documentation that matches what you report on your forms.