I'm going through the exact same thing right now! Filed back in March and one of my W2s isn't showing up on my transcript even though I definitely reported all the income correctly. Reading through all these responses is honestly such a relief - I had no idea this was so common with the IRS systems. It's frustrating that we have to deal with their outdated technology, but it sounds like as long as we've done our part by reporting everything accurately (which you clearly have since your totals match), we're in the clear. I'm going to stop obsessively checking my transcript every few days and just keep my physical W2 copies safe. Thanks for posting this question - sometimes it really helps to know you're not alone in dealing with IRS bureaucracy! Hopefully both our missing W2s show up eventually, but it sounds like it doesn't really matter either way.

This is such a common issue and you're definitely not alone! I went through something very similar last year where one of my W2s didn't show up on my transcript for almost the entire year. I was convinced something was wrong with my filing, but it turns out the IRS systems are just incredibly slow and unreliable. The most important thing is that you accurately reported all your income on your return, which it sounds like you did since your totals match up perfectly. That's really what matters from a legal compliance standpoint - you've done your job correctly. A few things that might help explain what's happening: - The IRS has multiple databases that don't sync properly with each other - Smaller employers often submit W2s late or have to resubmit due to errors - Processing delays can stretch on for months, especially for certain types of employers - Your Wage & Income transcript being blank is actually pretty normal until late in the year I'd recommend keeping your physical copy of that W2 (sounds like you already have it) and trying not to stress about the transcript discrepancy. My missing W2 eventually showed up around October, but my refund processed normally months before that and I never had any issues with the IRS. The system is frustrating but this really is just standard IRS dysfunction, not a problem with your filing!

Has anyone actually successfully qualified for trader tax status while doing swing trading? I'm holding positions for about 2-3 weeks on average, making maybe 6-8 trades per week. My tax guy says I'm nowhere near the volume needed, but then I read about others claiming trader status with similar patterns.

The consensus here is spot on - swing trading with your holding periods typically won't qualify for trader tax status or provide the tax benefits you're hoping for with an LLC or S-Corp structure. However, there's one angle that hasn't been fully explored: if you're planning to scale up your trading activities significantly in 2025, it might be worth considering the entity structure now to avoid complications later. The administrative burden of transferring existing positions from individual to business accounts can be substantial. That said, at your current activity level, you're likely better off focusing on maximizing the deductions you can already take as an individual investor - things like investment advisory fees, research subscriptions, trading software, and a portion of your home office if used exclusively for trading research. The real question is whether you see your trading evolving into something more substantial where you'd eventually meet the criteria for trader tax status. If not, the entity formation is probably an unnecessary expense and complication for your current situation.

I'm dealing with this exact same issue right now - submitted my 8822b about 7 weeks ago and have been getting absolutely nowhere with the IRS phone system. This thread has been a goldmine of practical solutions! Reading through everyone's experiences, it's clear that the combination approach really works: first check your business transcript online to confirm your old address is still showing, then send a targeted follow-up letter using Caleb's specific template requesting an updated transcript be mailed to your new address. I wanted to add one thing that might help others - when I was trying to access my business transcript online, I found that clearing my browser cache and cookies helped when the system was giving me errors. Also, if you're having trouble with the transcript showing your address info clearly, try requesting the "Account Transcript" specifically rather than the general business transcript - it seems to have more detailed address information. Cameron's recent success story gives me hope that this systematic approach actually works. I'm planning to send my follow-up letter this week, including my certified mail tracking number and phone number as suggested. It's frustrating that we have to crowdsource solutions for something so basic, but I'm grateful for this community sharing what actually gets results versus what the IRS website claims should work!

I'm new to this community but currently going through this exact same 8822b processing delay - submitted mine 5 weeks ago and starting to get concerned about the lack of any confirmation. This thread has been absolutely incredible! Reading through everyone's real experiences has provided more practical, actionable advice than anything I could find through official IRS channels. The systematic approach that's emerged from multiple success stories here is really compelling: check your business transcript online first to confirm the old address is still showing, then send a targeted follow-up letter using specific language requesting an updated transcript be mailed to your new address (including certified mail tracking info and phone number). What's particularly encouraging is seeing recent success stories like Cameron's that confirm this method actually works within a reasonable timeframe. The key insight about asking for a specific action (mail the transcript) rather than just requesting status updates seems to make a real difference in how the IRS processes these requests. I'm planning to start with Hunter's suggestion about requesting the Account Transcript specifically during off-peak hours, then move to the follow-up letter approach if my old address is still on file. It's unfortunate we have to crowdsource solutions for something so straightforward, but I'm grateful for this community sharing what actually gets results! Will definitely update with my experience to help others in the same situation.

As a newcomer to this community, I have to echo what everyone has said - this thread has been absolutely invaluable! I've been putting off taking on S Corp Election clients specifically because of all the signature horror stories I've heard from other tax professionals. What really gives me confidence is seeing the consistent theme across all these experienced practitioners: the IRS has quietly evolved to accept signatures that *look* handwritten, regardless of whether they're technically electronic. The success stories with DocuSign's draw feature, iPad signatures, and even careful finger signatures on phones show that visual authenticity matters more than the creation method. I'm definitely implementing the systematic approach that everyone keeps emphasizing: - William's highlighted signature areas and instruction PDF process - Oliver's cover letter template acknowledging electronic signatures upfront - Lydia's video walkthrough idea to prevent client confusion - The emphasis on immediate verification before submission What strikes me most is how this isn't really about wet vs. electronic signatures - it's about having quality controls to prevent the common client errors (wrong placement, typed names, inconsistent signatures across pages) that cause most rejections. For fellow newcomers who might be reading this - don't let signature anxiety hold you back from S Corp election work. The real-world experiences shared here prove these strategies work when implemented consistently. Thanks to everyone for sharing such practical, actionable wisdom!

As a newcomer to this community, I wanted to share my recent experience that perfectly validates what everyone has been discussing here! I just successfully submitted my first Form 2553 using the systematic approach outlined throughout this thread, and it was accepted without any issues. Following the advice here, I used DocuSign's draw feature for a client who created their signature using an Apple Pencil on their iPad. The signature looked completely natural and handwritten. What made the biggest difference was implementing the front-end quality controls everyone emphasized - I highlighted all signature areas in yellow, created a simple instruction PDF with screenshots, and included Oliver's cover letter template acknowledging the electronic signatures. The client knew exactly what to do, and I caught a small placement issue immediately upon receipt before submission. For other newcomers who might still be hesitant about electronic signatures for S Corp Elections - the strategies shared in this discussion absolutely work when implemented consistently. The IRS really does seem to care more about visual authenticity than the technical creation method. Having a solid systematic process to prevent common client errors is way more important than worrying about wet vs. electronic signatures. This thread has completely transformed my confidence in handling Form 2553 filings. Thanks to everyone who shared their real-world wisdom - it made all the difference for someone just starting out with S Corp election work!

I've been working with AFR calculations for estate planning purposes for several years, and I wanted to add one more resource that might be helpful for your situation. The Bureau of Public Debt (now part of Treasury Direct) maintains archived AFR data that's particularly useful because it includes footnotes explaining any special circumstances or corrections that were made to published rates. What's especially valuable about their archive is that it shows when the IRS issued corrections or clarifications to previously published rates - something that can be critical in legal disputes. I've seen cases where using an uncorrected rate led to significant calculation errors that weren't discovered until much later. You can access this through the Treasury Direct historical data section. While it requires a bit more navigation than some of the other sources mentioned here, the additional context and correction history could be invaluable for a $175K dispute where precision is critical. Also, since you mentioned this involves business loans, make sure you're aware of the different AFR categories (short-term, mid-term, long-term) and which applies to your specific loan terms. The IRS is very strict about using the correct category based on the loan's original term length, not the remaining balance period.

For what it's worth, I went through a similar nightmare last year trying to compile AFR data for a family business loan audit. After reading through all these suggestions, I ended up using a combination approach that worked really well. I started with the FRED database that Mia mentioned - it's incredibly user-friendly and you can download everything in Excel format. Then I cross-referenced the critical periods with Publication 1212 that Aisha recommended, especially for the business loan categories and compounding examples. The key thing I learned is that for business disputes involving significant amounts like yours, you really want multiple official sources backing up your calculations. I used the Treasury Department archive as my third verification point, and when I had questions about how to handle a loan modification that occurred mid-period, Claimyr actually got me through to an IRS specialist who walked me through exactly how to split the calculation periods. One practical tip: create a master spreadsheet with columns for each source's AFR data so you can quickly spot any discrepancies. In my case, I found two transcription errors that could have cost thousands in incorrect interest calculations. For $175K in disputed loans, that extra verification step is absolutely worth the time investment. The combination of FRED for bulk data, Publication 1212 for methodology guidance, and Treasury archives for official documentation should give you bulletproof calculations that will hold up in any dispute resolution process.