Pay nothing until a live IRS agent is on the phone with you.
Can't reach IRS? Claimyr calls for you, so you don't have to wait on hold.
$0 upfront. We only hold your card.
No live agent, no charge.
$9.99 is charged only once a live IRS agent is on the phone with you.
Using Claimyr will:
- Connect you to a human agent at the IRS
- Skip the long phone menu
- Call the correct department
- Redial until on hold
- Forward a call to your phone with reduced hold time
- Give you free callbacks if the IRS drops your call
Ask the community...
- DO post questions about your issues.
- DO answer questions and support each other.
- DO post tips & tricks to help folks.
- DO NOT post call problems here - there is a support tab at the top for that :)
Join the conversation
Join the conversation
Mine was supposed to come the 3rd and still nothing. Starting to get worried ngl
Try checking ur transcript on taxr.ai - might give u more insight than the state website
Join the conversation
Don't forget about the Qualified Business Income Deduction (Section 199A)! As a martial arts instructor with your own business, you likely qualify for this. It lets you deduct up to 20% of your qualified business income, which can significantly reduce your taxable income. So if your profit after expenses is $5000, you might be able to take another $1000 off your taxable income with this deduction. It's on Form 8995. Lot of small business owners miss this!
Wow I had no idea about this deduction! Is there anything special I need to qualify? My martial arts school is pretty small, just teaching evening classes a few times a week.
You should qualify even with your small evening classes! The main requirements are: 1) You have qualified business income (basically profit from your business) 2) You file as a sole proprietor, partnership, S corporation, or LLC There are income limitations but they're pretty high ($170,050 for single filers in 2025), so unless your total taxable income from all sources exceeds that, you should be fine. You don't need to have employees or a formal business structure. The calculation is straightforward for smaller businesses - it's generally just 20% of your net profit from the business. Use Form 8995 (the simplified version) unless your income is above the threshold. It's definitely worth taking the time to claim this deduction!
Great advice from everyone here! As someone who also operates a small martial arts business, I'd add a few practical tips for Mateo: 1. **Keep detailed records NOW** - Don't wait until next tax season. Track every business expense, no matter how small. I use a simple spreadsheet with columns for date, amount, description, and category. 2. **Separate business and personal expenses clearly** - Even though you're using your SSN, treat this as a legitimate business. If you buy equipment that you also use personally, only deduct the business portion. 3. **Consider quarterly estimated tax payments** - With $8400 in profit, you'll owe self-employment tax plus income tax. The IRS expects you to pay as you earn, not just at year-end. Use Form 1040-ES to calculate and avoid underpayment penalties. 4. **Document your business use of home** - If you use part of your home for business planning, storing equipment, or administrative work, you might qualify for the home office deduction. Measure the square footage and keep records. The 1099-K can be intimidating the first time, but once you understand that it's just a reporting document and not necessarily your exact taxable income, it becomes much more manageable. You've got this!
Join the conversation
double check ur direct deposit info on ur return. I had the wrong routing number last year and it took forever to sort out
I'm in the same situation with my Michigan refund! Shows Feb 11 deposit date but still waiting. Based on what others are saying it sounds like MI is just running behind this year. I'll give it until Friday before I start panicking. Thanks everyone for sharing your experiences - makes me feel better knowing I'm not the only one!
Join the conversation
Here's what's happening with that processing fee: • It's a convenience fee for having your preparation costs deducted from your refund • Typically ranges from $35-$45 depending on the service • It's NOT the same as the tax preparation fee (that's separate) • All major tax services charge this (TurboTax, H&R Block, TaxAct, etc.) • You can avoid it completely by paying your preparation fee upfront • This fee is disclosed in their terms, but often not prominently It's essentially a high-interest short-term loan when you think about it.
I just went through this same situation last month! The processing fee caught me completely off guard too. What really bothers me is that TurboTax doesn't make this fee obvious until you're basically done with everything. By that point, you feel locked into finishing with them rather than starting over elsewhere. I ended up paying $44 for the processing fee on top of my $119 preparation fee - that's $163 total just to file! Next year I'm definitely paying upfront with my card to avoid that extra charge. It's frustrating because they market the "pay with refund" option as convenient, but don't emphasize the significant additional cost until it's too late to easily back out.
Klaus Schmidt
Don't forget to check if your 1099-R has the "taxable amount" already filled in Box 2a. Sometimes financial institutions will put $0 there if they know you did a rollover, which makes things easier. But most of the time they just put the full distribution amount and leave it to you to indicate the rollover. Also, if you did the rollover between different financial institutions (like taking money from one IRA custodian and returning it to another), they might not communicate with each other. In that case, you'll definitely need to manually mark it as a rollover.
0 coins
Aaliyah Jackson
•Just checked my 1099-R and they put the full $32,500 in Box 2a as the taxable amount, even though I returned it all. Guess they didn't update it after I redeposited the funds. Thanks for pointing this out - it explains why TurboTax thinks I owe taxes on the full amount!
0 coins
Klaus Schmidt
•That's extremely common. Financial institutions typically issue the 1099-R when the distribution happens, and they don't go back and change it even if you later roll the money back. They expect you to indicate the rollover when filing your taxes. When you get to the section in TurboTax about retirement distributions, there should be a specific question asking if you rolled over any part of the distribution. Make sure to answer "yes" and enter the full amount you rolled over. This will override the taxable amount shown in Box 2a of the 1099-R.
0 coins
Aisha Patel
Remember that you only get ONE 60-day rollover per 12-month period across ALL your IRAs combined! This is a common mistake people make. If you did another rollover within 12 months before or after this one, you could have a problem.
0 coins
LilMama23
•Wait really? I thought the 60-day rule applied to each distribution separately. What happens if you accidentally do more than one?
0 coins
Kai Santiago
•If you do more than one 60-day rollover within a 12-month period, the second one gets treated as a taxable distribution plus a 6% excess contribution penalty for each year it stays in the IRA. It's called the "once-per-year rule" and it's pretty strict. The good news is that trustee-to-trustee transfers (where the money never touches your hands) don't count toward this limit. Only actual distributions that you personally roll over within 60 days are affected by this rule. So if you need to move IRA money around frequently, direct transfers are the way to go.
0 coins