Be careful about counting on that exact date. My transcript showed 846 for February 8th, but my bank held the deposit for 2 additional days for "verification" since it was over $5,000. Caused me to bounce two automatic payments I had scheduled. Different situation than most people who get their money right on time, but just sharing so you're aware that things can go wrong even after the IRS does their part. If it's critical timing, maybe call your bank in advance to confirm they won't hold a government deposit.

Code 846 is definitely a good sign! That March 9th date is when the IRS officially releases your refund for direct deposit. In my experience, most people get their money on that exact date or sometimes even a day early if their bank processes it quickly. Since March 9th is a Saturday this year, some banks might actually deposit it on Friday the 8th, while others could delay until Monday the 11th. I'd suggest checking with your bank about their weekend deposit policy just to be safe. The stress with kids and bills is totally understandable - once you see that 846 code though, you're basically in the clear! The IRS has approved everything and sent it to Treasury for payment.

Chrysler Financial doesn't even exist anymore! They went bankrupt in 2009 and their assets were acquired by TD Auto Finance. So whoever sent you that 1099-C is probably some debt buyer who got your old account in a portfolio purchase. I'd definitely dispute this. I work in collections (yeah I know, everyone's favorite person) and we are required to issue 1099-Cs for the year in which we make the decision to stop collection activity, not years later when some database gets updated.

This is a frustrating but unfortunately common situation. The good news is you have several strong options to challenge this. First, gather all your documentation from 2008 - credit reports showing the charge-off date, bank statements showing when payments/attempts stopped, any correspondence from Chrysler Financial. This will be crucial evidence that the debt was actually discharged in 2008, not 2025. Since Chrysler Financial no longer exists (they were acquired by TD Auto Finance after their bankruptcy), start by contacting whoever issued the 1099-C. Demand they provide documentation showing when they acquired the debt and when collection activity actually ceased. They're required to issue 1099-Cs for the year the debt was actually canceled/written off, not when they get around to filing paperwork. For your tax filing, definitely use Form 8082 to report the inconsistent treatment - explain that this debt was discharged in 2008 based on your documentation. Additionally, calculate your insolvency as of 2008 using Form 982. If your total debts exceeded your assets back then (which sounds likely given your situation), you can exclude this income entirely. Don't panic about owing taxes on this. The IRS sees these delayed 1099-C issues frequently, and with proper documentation, you should be able to resolve it without any tax liability.

When I donated my business truck last year, I found out there's a special rule for vehicles donated to charity. The charity is required to give you Form 1098-C within 30 days of the donation. If the charity sells the vehicle, your deduction is limited to the gross proceeds from the sale. Make sure you have this form before filing! The recapture and donation are two separate tax events that both need to be reported correctly.

Based on what you've described, it sounds like you might actually be in a pretty good position regarding the Section 179 recapture. Since you purchased the car in 2017 and it's now 2025, you've held it for about 8 years, which is well beyond the typical 5-year recovery period for vehicles under MACRS. The Section 179 recapture generally only applies to the remaining undepreciated basis of the business portion of the asset. If you've already fully depreciated the business portion over the recovery period, there may be little to no recapture required. However, you'll want to carefully review your depreciation schedule to see exactly how much business basis remains. The recapture amount would be based on any remaining undepreciated Section 179 deduction, not the full $8,900 you originally claimed. Also, make sure you're getting the proper documentation for your charitable donation. Even though the car had transmission problems, you can still claim a charitable deduction for its fair market value in that condition. This deduction might help offset any recapture taxes you do owe. I'd recommend double-checking your depreciation records or consulting with a tax professional to calculate the exact recapture amount, as the calculation can be tricky with mixed-use assets.

Have you asked your employer about commuter benefits? Some companies offer pre-tax transit accounts that can include rideshare options. Worth checking if your HR department has something like that - it's not a tax deduction but it could save you money by using pre-tax dollars.

Have u looked into carpooling options? There are apps like Waze Carpool where u might find ppl going to the same area. Might be way cheaper than uber/lyft every day!

I went through this exact same situation last year! FreeTaxUSA definitely allows 1099-NEC filing for free on federal returns - I had two 1099-NECs plus some other forms and didn't pay anything for federal filing. They only charge for state returns (around $15) which is still way cheaper than what other services charge just to include a 1099-NEC. For the AGI issue, I'd strongly recommend getting your actual AGI rather than entering $0 if you had any income last year. The IRS transcript service at IRS.gov is surprisingly fast - took me about 10 minutes to set up an account and get my transcript. Even if you made just a few hundred dollars last year, your AGI wouldn't be $0, and entering the wrong amount could delay your refund or cause your e-file to get rejected. FreeTaxUSA's interface is clean and straightforward compared to the flashier services. It walks you through everything step by step without trying to upsell you every few minutes. Much less stressful than dealing with constant upgrade prompts!

I can definitely confirm FreeTaxUSA handles 1099-NEC for free! I've been using them for three years now after getting fed up with TurboTax's constant fee increases. No charges for federal filing regardless of how many 1099s you have. For your AGI situation, the IRS transcript method really is your best bet. I had to do this last year when my old tax software company got acquired and I lost access to my returns. Go to IRS.gov and search for "Get Transcript Online" - you'll need to verify your identity with some personal info, but once that's done you can download your tax transcript immediately. It shows your AGI right on there along with all your other tax info from previous years. One word of caution though - if you enter $0 when your actual AGI was higher, your e-file will likely get rejected and you'll have to start over. The IRS uses prior year AGI as a security check, so accuracy matters here. Better to spend 15 minutes getting the transcript than dealing with rejection delays later! FreeTaxUSA's interface might look plain compared to the flashy competitors, but honestly that's a feature not a bug. No constant pop-ups trying to sell you "protection" or "premium" features you don't need.