This happened to me two years ago! Don't panic - there's a simple explanation. When I called FreeTax customer service, they explained that they use Republic Bank for all their refund transfers. The routing number ending in 7418 is from Republic Bank - they're the financial institution that processes all of FreeTax's refund transfers. The process takes about 1-2 weeks total from when the IRS approves your refund until the money shows up in your actual bank account. It's annoying that they don't explain this clearly during the filing process!

I just went through this exact same situation with FreeTax a few weeks ago! Like everyone else has mentioned, that different bank account number is completely normal when you choose to pay filing fees from your refund. What I found helpful was checking both the IRS "Where's My Refund" tool AND logging into my FreeTax account online to track the status. The FreeTax portal actually shows when they receive the refund from the IRS and when they forward it to your personal account after deducting their fees. In my case, once the IRS sent my refund (which showed as "sent" on their website), it took exactly 4 business days for the money to appear in my actual bank account. The routing number you mentioned ending in 7418 does sound like Republic Bank, which is the third-party processor FreeTax uses. One tip: make sure you have the correct bank account info saved in your FreeTax profile, since that's where they'll send the remainder after taking their fee. You can double-check this in your account settings. The whole process was nerve-wracking at first, but it worked exactly as described!

I've been dealing with the same 424 code for about 6 weeks now. From what I've researched, it usually means they're doing an income verification review - could be triggered by anything from a small discrepancy in your W2 reporting to just random selection. The waiting is the worst part honestly. I've seen people say it can take anywhere from 6-16 weeks to resolve. Have you tried calling the practitioner priority line? Sometimes they can give you a bit more info than the regular customer service line.

Ugh, I feel your pain! I'm dealing with the exact same thing - got the 424 code about 3 weeks ago and it's been radio silence since then. From what I've gathered from this thread and other research, it seems like they're just verifying some info on our returns. Super frustrating that they can just hold our money with basically no communication though 😤 At least it sounds like they do pay interest while we wait, which is something I guess? Definitely gonna look into that taxr.ai thing people are mentioning - anything beats calling the IRS and waiting on hold forever just to get a generic "your return is being processed" response 🙄

I just want to echo what everyone has said here - this is such a common source of confusion for household employers! I went through the exact same panic last year thinking I was going to double-pay taxes. The consensus here is spot-on: if your payroll service (like QuickPay) is filing quarterly 941s and handling the annual 940, you still need to file Schedule H with your personal return, but you absolutely must check Box 8 to indicate you've already paid the employment taxes through your payroll service. One thing I'd add that helped me feel more confident - I actually requested copies of the 941s that my payroll service filed on my behalf. Most services will provide these if you ask, and it's really helpful to have them in your records. That way you can see exactly what was reported and when, which makes filling out Schedule H much less scary. Also, don't forget to get a detailed year-end summary from QuickPay showing total wages paid, taxes withheld, and employer taxes paid. You'll need these specific figures for Schedule H, and having everything documented properly will save you headaches if the IRS ever has questions. The key is just making sure nothing falls through the cracks - your payroll service handles the quarterly filings, you handle Schedule H (with Box 8 checked), and everybody's happy!

As a tax professional who specializes in household employment, I can confirm everything discussed here is absolutely correct. The confusion between Schedule H and Forms 940/941 is probably the most common question I get from clients with nannies. Here's the definitive breakdown: If your payroll service (QuickPay in your case) files quarterly 941s and annual 940s, you STILL must file Schedule H with your personal tax return. However, you'll check Box 8 on Schedule H Part I to indicate that employment taxes have already been paid through quarterly deposits. This prevents double taxation. The reason you need both is that they serve different purposes - the 940/941 forms handle the actual tax payments and reporting to the government, while Schedule H integrates your household employment into your personal tax return and calculates any additional taxes owed (like the employer portion of Social Security/Medicare if it wasn't fully covered by your quarterly payments). I always recommend my clients request a comprehensive year-end summary from their payroll service that includes: total wages paid, federal income tax withheld, Social Security wages, Medicare wages, and employer taxes paid. You'll need all these figures for Schedule H. One final tip: keep copies of all quarterly payment confirmations from EFTPS and any forms your payroll service files on your behalf. The IRS may request these during an audit, and having organized records will save you significant headaches.

I totally understand your frustration! I went through the exact same thing last year - had a deposit date and nothing showed up in my account. The anxiety of waiting for money you really need is the worst. From my experience and what I've learned, the IRS "deposit date" is really when they send the payment to your bank, not when it actually hits your account. Most banks take 1-2 business days to process it after receiving it from the IRS. Since tomorrow is your scheduled date, I'd give it until Thursday or Friday before worrying. Also, smaller banks often don't show pending deposits at all until they actually post. If you still don't see anything by Friday, that's when I'd start making calls or checking your transcript for any issues. Hang in there!

I went through this exact same anxiety last year! The waiting is brutal when you really need that money. Here's what I learned: the IRS "deposit date" is actually when they release the funds to your bank, not when it hits your account. Your bank then needs 1-3 business days to process and post it. Since you're with a smaller bank and they told you they don't see anything pending, that's actually pretty normal - many banks don't show IRS deposits as pending until they're ready to post. I'd definitely wait until Friday before getting worried. If nothing shows up by then, check your transcript on the IRS website (irs.gov) - it will show if there are any holds or issues with your refund that the Where's My Refund tool doesn't display. The transcript codes can be confusing, but there are tools that can help interpret them if needed. Try to hang in there - in most cases, the money shows up within a day or two of the scheduled date!

Just want to add another perspective here - I went through this exact situation two years ago when I returned to school at 29. My dad paid my tuition directly to the university, and I was able to successfully claim the American Opportunity Credit. The key things that helped me were: 1) Making sure I wasn't claimed as a dependent on my dad's return, 2) Getting written documentation from my dad stating the payments were a gift to me for educational purposes, and 3) Keeping all the university payment records showing the amounts and dates. One thing to watch out for - if any part of your tuition was paid with tax-free funds (like scholarships, grants, or employer tuition assistance), you'll need to subtract those amounts from what you can claim for the credit. Only out-of-pocket qualified expenses count. Also, since you're working part-time, make sure your income doesn't exceed the phase-out limits. For 2024, the American Opportunity Credit phases out between $80,000-$90,000 for single filers, and Lifetime Learning Credit has the same phase-out range. With part-time work you're probably well under that, but good to double-check. The fact that you're 36 doesn't disqualify you from AOTC as long as you haven't already used it for four previous tax years. Good luck!

I'm in a very similar situation - 28 years old, back in school for nursing, and my parents have been covering my tuition. This thread has been incredibly helpful! One thing I wanted to add that might be useful for others: if you're unsure about your dependency status, you can check IRS Publication 501. The key tests are support (did you provide more than half your own support), age (over 24 for students), and residency. Since you're 36 and working, you're almost certainly not a dependent. Also, keep in mind that if you do qualify for education credits, you might want to consider whether it's better to take the credit or deduct the tuition. Credits are usually more valuable since they reduce your tax dollar-for-dollar, while deductions just reduce your taxable income. Has anyone here had experience with the IRS questioning third-party payments during an audit? I'm wondering how common that is and what kind of documentation they typically want to see beyond the 1098-T and payment records.