I'm an accountant and see this ALL THE TIME this year. There are massive delays with several banks including Credit Karma. The issue is volume - the IRS is processing refunds in batches and some batches are getting delayed on the receiving end. Nothing to worry about yet, but if it goes beyond 5 business days from your DDD, then call the IRS directly to confirm it was actually sent.

I'm dealing with the exact same situation! DDD of 3/15 with Credit Karma and still waiting. After reading through all these comments, it sounds like CK is doing extra verification holds this year without notifying people. I'm going to try contacting them through the app chat specifically asking about holds like some people suggested. It's so frustrating when you're counting on that money and the bank doesn't even tell you there's an issue! Hopefully we all get our refunds soon. Thanks everyone for sharing your experiences - makes me feel less alone in this mess.

I work at a tax prep office (not giving tax advice, just sharing experience). We see this situation ALL the time lately. The IRS is severely backlogged with amended returns. The key thing most people miss: if your amended return involves a refund AND you've been waiting over 45 days from when it was received, you're actually entitled to interest on that refund amount! The IRS is required to pay interest on refunds not issued within 45 days of the filing deadline or receipt date, whichever is later.

Has anyone successfully gotten their amended return expedited? Mine has been "in process" for over 10 months now and I need it completed because I'm trying to get a mortgage and the lender needs my correct tax information.

Great point about account types! Just to add some clarity for anyone reading - if this is a Roth IRA, the rules are different too. With Roth accounts, you can withdraw your original contributions (basis) at any time tax-free, but earnings withdrawals before age 59½ may be subject to taxes and penalties. For taxable accounts like the original poster seems to be describing, the proportional method mentioned earlier is typically the default, but as others have noted, you might have options like specific identification that could be more tax-efficient depending on your situation. Keep detailed records of all your transactions including dates, amounts, and any reinvested dividends - this will make basis calculations much easier whether you do them manually or use software to help.

One thing I'd add that hasn't been mentioned yet - if you're dealing with partial withdrawals regularly, it might be worth considering tax-loss harvesting strategies alongside your basis calculations. When you're withdrawing from investments that have gains, you could potentially sell other investments at a loss to offset some of the taxable gains. Also, timing can matter. If you've held the investment for less than a year, you'll pay short-term capital gains rates (taxed as ordinary income), but if you've held it for more than a year, you'll get the more favorable long-term capital gains rates. In your example with the $160 taxable gain using the proportional method, this rate difference could be significant depending on your income bracket. Just make sure you don't run into wash sale rules if you're planning to repurchase similar investments within 30 days of selling at a loss.

According to the official IRS refund timeline at IRS.gov/refunds, most tax returns are processed within 21 days. The PATH Act creates an exception for returns with certain credits, but they should still be actively processing your return. The IRS's "Where's My Refund" tool isn't always accurate during the PATH delay period - that's just how their system works. I've had returns with the PATH message that processed without any issues after the holding period ended.

Hey Elijah! As someone who's been through this process multiple times, I can totally understand your anxiety. The good news is that if there were major issues with your return, you likely would have received a notice by now - the IRS is pretty quick to send letters when they need additional information or find errors. Since you filed on 1/30 and it's been over a month, here's what I'd suggest: definitely check your tax transcript online if you haven't already. It often shows more detailed processing information than the "Where's My Refund" tool. Look for any processing codes that might give you clues about what's happening. The PATH Act can be really frustrating, especially for first-time filers, but try not to panic. Many returns sit in this limbo for weeks without any actual problems. That said, if you want peace of mind, you could try calling the IRS directly - though be prepared for long wait times during tax season. Good luck!

Double check it's not an advance payment on your 2025 tax refund. With two jobs, you might be having too much tax withheld if you didn't adjust your TD1 forms properly. The CRA sometimes makes adjustments mid-year if they detect significant overwithholding. Happened to a friend of mine last year!

I'd recommend checking your CRA My Account first - that's your best bet for getting a definitive answer without waiting on hold. Look under "Benefits and Credits" to see if there are any recent payments listed with explanations. The timing of starting your second job is likely relevant. When employers submit your employment information to CRA, it can trigger automatic benefit calculations. Since you mentioned it's labeled "fed-prov/terr Canada," it's almost certainly a legitimate government benefit - either GST/HST credit, Canada Workers Benefit, or a provincial supplement you qualify for. Keep the money separate until you confirm what it is, but don't stress too much. These surprise deposits are usually benefits you're actually entitled to receive based on your tax filing and current income situation.