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
Just to add some clarity on gift tax penalties since that was the original question - if someone DOES need to file a Form 709 (the giver of the gift, not the receiver), the penalties for filing late are: - 5% of the unpaid tax for each month or part of a month the return is late, up to 25% - If you file more than 60 days late, the minimum penalty is $435 or 100% of the tax owed, whichever is less But here's the important part - if no tax is actually due (which is common because of the lifetime exemption being so high), the penalty is often $0 even if you file late! The IRS might still charge interest on any tax owed, though.
Thank you for actually addressing my original question! If I understand correctly from all the comments, I don't need to worry since I was the recipient. But hypothetically if my grandmother's estate needed to file, would they still face penalties even though she's passed away?
Yes, if the estate needed to file a gift tax return, it would still potentially face penalties even after her passing. The executor of the estate would be responsible for filing any required gift tax returns for gifts made before death. However, in your case, since the transfer happened through her will after death, it's an inheritance, not a gift, so Form 709 wouldn't apply at all. The executor would have had to file Form 706 (Estate Tax Return) if the total estate exceeded the exemption amount, but given the $60,000 you mentioned, it's very unlikely the estate reached the $12+ million threshold where that would be required.
One thing nobody's mentioned - if you're worried about any tax situation, always consider filing IRS Form 843 (Claim for Refund and Request for Abatement) along with a reasonable cause statement explaining why you filed late. I've had success getting penalties waived by explaining legitimate reasons for late filing, especially for first-time mistakes.
Would "I didn't know I had to file" count as a reasonable cause? That seems like the kind of excuse the IRS would laugh at.
Actually, "reasonable cause" can include situations where you relied on incorrect advice from a tax professional, had a serious illness or family emergency, or genuinely didn't receive proper notice. "I didn't know" by itself usually isn't enough, but if you can show you made a good faith effort to comply or had legitimate reasons for the confusion, the IRS sometimes considers it. Death of a close family member (like OP's grandmother) combined with grief and lack of tax knowledge could potentially qualify, especially for a first-time filer. It's always worth trying - worst case they say no, but I've seen penalties waived for less compelling reasons.
Join the conversation
11 Quick question - what about my car? I use it for business sometimes but also personal. Is that 50% deductible or based on actual business use?
17 Not an accountant but I track my mileage - you can either take the standard mileage rate (65.5 cents per mile for 2023) OR deduct actual expenses (gas, insurance, repairs) based on the percentage of business use. Standard mile is way easier imo.
Great question! The basic rule is that business expenses are generally 100% deductible if they're "ordinary and necessary" for your business. The IRS specifically carved out exceptions for certain categories: **100% Deductible:** - Office supplies, software, equipment - Contractor payments (yes, what you pay freelancers is fully deductible!) - Advertising and marketing - Professional services (legal, accounting, etc.) - Business travel (flights, hotels, car rentals) **50% Deductible:** - Business meals and entertainment - This limitation exists because the IRS assumes there's always some personal benefit to eating For your freelancer question - absolutely deductible at 100%! Just remember to get their W-9 form upfront and issue 1099-NECs if you pay them $600+ in a year. The key is keeping good records. For mixed-use items (like a laptop used for both business and personal), you deduct based on the business percentage. There's no "magic rule book" but IRS Publication 535 (Business Expenses) is your best friend for the details!
Yes, absolutely! IRS Publication 535 is free and available directly from the IRS website at irs.gov. Just search for "Publication 535" and you'll find the current year's version. It's surprisingly readable for a government document and covers pretty much every business expense scenario you can think of. I'd also recommend downloading Publication 334 (Tax Guide for Small Business) if you're just starting out - it's like the beginner's guide that covers the basics before diving into the detailed stuff in 535. Both are updated annually so make sure you're getting the current tax year version. Way better than relying on random blog posts that might be outdated or wrong!
Yes! IRS Publication 535 is available for free download directly from irs.gov. Just search "Publication 535" on their site and you'll find the current year version. It's about 50 pages but very comprehensive - covers everything from what counts as a business expense to specific rules for different categories. I'd also recommend Publication 334 (Tax Guide for Small Business) if you're self-employed. Both are straight from the source so you don't have to worry about conflicting advice from random websites. The IRS updates these annually so make sure you're looking at the current tax year version!
Join the conversation
The IRS is so behind this year its not even funny. My friend filed in February and just got hers last week smh
filed in jan still waiting. irs playing games w our money frfr 🤡
Same exact thing happened to me! That status change from "still being processed" to "being processed" is definitely progress. I was stressing about it too but got my refund about 10 days after seeing that change. The waiting is brutal but you're definitely moving through the system now. Try not to check every single day (easier said than done I know lol) - maybe check every few days instead to save your sanity!
Join the conversation
I'm going through this exact same situation right now! Just filed last week and now got a 1099-R from a small 401k I had forgotten about and rolled over. Was freaking out thinking I'd have to amend.
Don't stress about it! As long as it shows $0 taxable and has the right code (usually G for rollover), you're fine. I work at an accounting firm and see this all the time - we never amend for properly coded $0 rollovers.
Phew, that's a relief! Mine shows code G and zero taxable amount too. Was worried I'd have to pay someone to amend my return. Tax season is stressful enough without these last-minute forms showing up!
I had a similar situation last year and can confirm what others are saying - you don't need to amend for a $0 taxable 1099-R from a rollover. The key things to check are that Box 2a shows $0 and Box 7 has code G (direct rollover). One thing I learned from my tax preparer is that the IRS receives these forms electronically, so they'll see it was issued to your SSN. But since it's properly coded as a non-taxable rollover, their matching system should recognize there's no discrepancy with your filed return. Keep the form with your tax records just in case, but you should be good to go without an amendment. Save yourself the headache and potential refund delay!
Sophia Carson
The IRS, TurboTax, and SBTPG are all playing hot potato with our money while collecting interest. I waited 7 business days after "funded" status before my deposit came through. The system is designed to be confusing and slow.
0 coins
Elijah Knight
•Facts. They're making millions in interest by holding everyone's refunds for a few extra days. It's literally free money for them.
0 coins
Brooklyn Foley
•yep and there's nothing we can do about it 🤡 gotta love american tax system
0 coins
Alberto Souchard
I'm in the EXACT same situation! Filed early February, got the TurboTax "refund on the way" email March 6th, DDD of 3/15 on my transcript, and SBTPG has been showing "funded" since March 9th. Still nothing in my account as of today (3/17) and my bank says no pending deposits. This is so frustrating - I need that money! Has anyone else with a 3/15 DDD actually received their deposit yet? Starting to wonder if something went wrong or if this is just the normal SBTPG delay everyone's talking about.
0 coins