Just wanted to add that different types of hotels in the same city can have different tax rates too! This confused me on my last trip. The fancy hotel downtown had a 17.5% tax rate but the airport hotel from the same chain only charged 14%. Turns out some areas within cities have additional district taxes or tourism improvement fees. Something to keep in mind when comparing rates!

I feel your pain on this! 17% does seem steep but unfortunately it's becoming more common in major cities. One thing that helped me was learning to budget for about 15-20% extra on top of the quoted room rate when traveling to big cities. A few tips that might help for future bookings: 1) Always check if the hotel has any package deals that include taxes - sometimes they're better value, 2) Consider staying just outside the main downtown/tourist district where taxes can be lower, and 3) If you're a frequent traveler, joining the hotel's loyalty program sometimes gets you better transparency on fees upfront. Also worth calling the hotel directly to ask for a breakdown of what makes up that 17%. Sometimes there are optional fees mixed in with mandatory taxes that you might be able to negotiate or decline. Good luck with your trip!

My tax guy told me they're required by law to issue a check within 21 days of a rejected direct deposit, but in practice it can take up to 6 weeks. The system is ancient and runs on programming languages from the 1960s. Can't expect much from them tbh.

This exact thing happened to me last year! The IRS will automatically mail you a paper check to your address on file - no action needed on your part. It typically takes 3-4 weeks from when the direct deposit was rejected. Your transcript should update with a new 846 code showing the check mailing date once they process it. Since you're seeing the 971 code, they're aware of the issue and working on it. The fact that it's only been 10 days means you're still well within the normal timeframe. One thing to double-check: make sure the IRS has your current mailing address. You can verify this on the IRS website or by calling them. With medical bills coming up, I know the wait is stressful, but the check should arrive soon. Hang in there!

Just a heads up that you'll want to pay attention to basis calculations too. Your basis in your S-Corp will be increased by the K-1 income flowing in, which affects how much you can take out as distributions without triggering tax consequences.

For basis tracking with your S-Corp receiving K-1 income, I'd recommend creating a simple spreadsheet that tracks your beginning basis, additions (like the K-1 income flowing through), and subtractions (distributions you take). Your beginning basis in the S-Corp starts with your initial investment plus any loans you've made to the corporation. Then you add your share of S-Corp income (including that K-1 income from the partnership) and subtract any distributions you receive. The key thing to remember is that the partnership K-1 income will flow through your S-Corp and increase your S-Corp stock basis, not your basis in the partnership itself. This is different from if you held the partnership interest personally. Since your accountant hasn't mentioned basis tracking yet, it might be worth bringing this up proactively. Many practitioners get focused on the current year tax return and sometimes overlook the ongoing basis calculations that become crucial when you want to take distributions or if you eventually sell your S-Corp interest.

Has anyone dealt with Edward Jones specifically for estate accounts? They rejected my EIN too initially because I had selected "Estate" on the SS-4 form but apparently there was some additional coding they needed. Had to call the IRS back to get it adjusted.

I'm going through almost the exact same situation right now with my father's estate. After reading all these responses, I applied for the EIN online using Form SS-4 and made sure to select "Decedent's Estate" specifically (not just "Estate"). Got the number immediately. However, I'm still waiting on the official letters testamentary from probate court - our attorney said it could take another 2-3 weeks. In the meantime, I've been using the EIN to set up a basic estate checking account at our local bank, which has been helpful for paying ongoing bills like utilities and property taxes. One thing I learned is that some financial institutions are more familiar with estate procedures than others. The smaller local bank was much more helpful than the big national one I initially tried. They walked me through exactly what documents they needed and even gave me a checklist for dealing with other institutions. @Xan Dae - definitely get that EIN application in ASAP even while you're waiting for other paperwork. It's free and you'll need it for pretty much everything moving forward.

I went through this exact situation with the SunTrust/Truist merger. I filed on January 29th, 2024 using my old SunTrust routing number by mistake. My refund of $3,842 was direct deposited successfully exactly 18 days later on February 16th. The bank automatically redirected it using their internal systems. According to the Truist representative I spoke with, they will continue accepting the old routing numbers through December 31, 2024. After that date, any ACH transfers or direct deposits using the old routing number will be rejected.

I'm going through the exact same situation right now! Filed my return in early February using my old SunTrust routing number before I realized they had changed everything. I've been checking my bank account obsessively every day wondering if my refund will just vanish into thin air. Reading through all these responses is such a relief - it sounds like most people have had their refunds go through without any issues. I think I'm going to take the advice here and call Truist directly just to confirm my account status and get peace of mind. Has anyone here actually experienced their refund being rejected due to the routing number change? I keep seeing people say it should work fine, but I'd love to hear from someone who can confirm their refund went through smoothly with the old routing number. Thanks everyone for sharing your experiences - this community is so helpful during tax season stress!