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I actually work for a company that received like 30 unnecessary 1099s last year because we're an S-corp! It doesn't hurt us really, but it does create extra reconciliation work. One thing nobody mentioned is the state reporting requirements. Some states require you to file 1099 information with them separately from the IRS filing. If you're over-filing 1099s, you might create extra work for yourself on the state side too.
Do you just ignore the incorrect 1099s? Or do you have to do something specific when you get one as an S-corp?
Great question about over-filing! I made this exact mistake my first year in business and learned some valuable lessons. While there's no IRS penalty for sending unnecessary 1099s, there are a few practical considerations: 1. **Vendor confusion**: Some businesses will contact you asking why they received a 1099 when they're exempt, which creates extra correspondence. 2. **Your own tracking**: If you over-file this year, make sure to update your vendor classification system so you don't repeat the same mistakes next year. 3. **State implications**: Some states have their own 1099 reporting requirements, so over-filing federally might mean over-filing at the state level too. That said, your "better safe than sorry" approach isn't terrible - just make sure you're collecting proper W-9 forms going forward so you can classify vendors correctly. The most important thing is not missing required 1099s, which can result in actual penalties of $50-$280 per form depending on how late you are. One tip: keep a simple spreadsheet tracking each vendor's tax classification from their W-9 so you don't have to figure this out from scratch every year!
Everyone here keeps saying wait a few days but if you need that money NOW, call SBTPG directly and ask them to expedite it. Last year I called and told them I had urgent bills to pay and they processed mine same day. The squeaky wheel gets the grease! Their number is 800-901-6663.
thanks for the number! might try this tomorrow if i still dont see anything
Let us know if this actually works! I'm in the same boat and getting desperate.
I'm going through the exact same thing right now! My refund showed "posted" to SBTPG on 4/22 as well and I'm still waiting. It's so frustrating how their terminology is misleading - "posted" makes it sound like the money should already be in your account. From what I'm reading here, it sounds like 2-5 business days from the posted date is normal, which is annoying but at least gives me some peace of mind. I filed through TurboTax and also had fees deducted, so I'm in the same boat with the whole middleman process. Thanks for posting this - was starting to think something was seriously wrong with my refund! Hopefully we both see our deposits soon. I'll try calling that number someone posted (800-901-6663) if I don't see anything by Thursday.
You're overthinking this. Just print your state return from TurboTax and mail it in! When TurboTax rejects your federal+state combo electronically, you can still print the completed state forms and mail them to your state tax agency. I had to do this last year. Just make sure to sign the forms and include any payment if you owe taxes.
Hey NebulaNova! I've been through this exact nightmare myself. Here's what worked for me when I got stuck in the same federal-already-filed-but-need-state-only situation: Since you already paid for TurboTax and entered all your info, definitely try to use what you've got first. Go back into your TurboTax account and look for "Review" or "File" sections - there should be checkboxes where you can uncheck federal filing and only submit state. If you can't find it easily, their chat support is actually pretty helpful for walking you through this specific scenario. BUT if TurboTax gives you any more headaches, honestly just go with the print-and-mail option that Mei Lin mentioned. I ended up doing that when I couldn't get the electronic filing to work right. Print your completed state forms from TurboTax, sign them, and mail them to GA. It's old school but it works and you're already past the deadline stress anyway. Also, for future reference - Cash App Taxes really needs to step up their state return game. So many people run into this part-year resident issue with them!
I filed and was accepted on February 13th (just one day before you) and finally received my refund yesterday. According to Internal Revenue Code ยง6611, the IRS is required to pay interest on refunds issued more than 45 days after the filing deadline (April 15th) or the date the return was filed, whichever is later. So technically they're still within their normal processing window, frustrating as it may be. My transcript showed processing codes for 3 weeks before my refund was approved. I completely understand your anxiety - I was checking daily too!
I'm in almost the exact same boat - filed and accepted on February 16th and still stuck on "still processing" as of today. This is my first year dealing with US taxes after moving here, so I wasn't sure if this was normal or not. Reading everyone's experiences here is actually really reassuring that it's not just me! I've been obsessively checking the Where's My Refund tool every morning like it's going to magically update overnight. It sounds like patience is really the key here, even though it's incredibly frustrating when you're counting on that money. Thanks for posting this question - sometimes you just need to know you're not alone in the waiting game!
Natasha Volkov
Try clearing your cache and cookies before logging in. Sometimes that fixes the 6000 error. Worked for me last year!
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Zainab Ali
โขtried that already but no luck :
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CosmicCruiser
Error 6000 is super frustrating! I had the same issue last month. If clearing cache doesn't work, try using a different browser or incognito mode. Also make sure you're using the direct IRS.gov link and not going through any third-party sites. Sometimes the verification system gets confused if you've been bouncing between different entry points. The 7-10 day wait for the letter is accurate in my experience - got mine on day 9.
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