Called the IRS about this last week actually. The rep said As Of dates are just automatic system updates and dont mean anything is actually happening with your return. Such a waste of time getting excited about these fr 😤

This is so frustrating! I've been dealing with the same thing - my as of date keeps updating but literally zero progress on my actual return. Been stuck in "processing" since I filed in early February and these meaningless date changes just get my hopes up for nothing. The IRS really needs to fix their system because this is just cruel at this point 😭

I'm going through the exact same thing right now! Filed Saturday evening and it's Wednesday morning with still no acceptance notification. Reading through these responses is actually really reassuring - sounds like this is totally normal for weekend filings. I was starting to panic because last year when I filed on a weekday it was so much faster. Going to give it until Friday before I start worrying, but it's good to know about those backup options like checking transcripts or calling the IRS if needed. Thanks everyone for sharing your experiences!

I just wanted to add some perspective as someone who's been through this exact scenario multiple times. Filed on a Saturday two weeks ago and didn't get acceptance until Thursday morning - turned out to be completely normal processing time. The key thing I've learned is that weekend submissions basically don't start processing until Monday, and then they're competing with all the Monday filers too. One thing that helped my anxiety was remembering that "not yet accepted" doesn't mean "rejected" - it just means it's sitting in the queue. The IRS processes millions of returns during peak season, so a few extra days for weekend submissions is really just logistics, not a red flag. Your return will get processed, and since you double-checked your AGI and documentation, you should be all set once it works through the system.

I'm wondering if it matters that the OP only made $13.5k as a substitute teacher? Isn't that below the filing threshold anyway? Maybe they wouldn't have owed taxes regardless of this fake business?

This is absolutely tax fraud, and you need to act quickly to protect yourself. The fact that the preparer was so casual about creating a fictional business shows this isn't their first time doing something like this - which is terrifying. Here's your immediate action plan: First, file Form 1040-X (amended return) to remove the fake business loss. Even if you end up owing some taxes, it's infinitely better than having fraudulent information on your return. Second, report this preparer using Form 14157 and consider contacting your state's tax preparer licensing board if they have one. The good news is that with only $13,500 in income, you're likely under the standard deduction anyway, so you probably won't owe much (if anything) once you remove the fake business. But don't wait - the longer fraudulent information stays on your return, the worse it looks if the IRS discovers it during an audit. Document everything - save copies of your original return, any communications with the preparer, and notes about what happened. This will help if you need to prove you weren't complicit in the fraud. The preparer's casual attitude about this suggests they've done it before and will do it again to other unsuspecting clients.

been checking my transcript every day for 3 months straight... we're all in the same boat fam 😭

I've been through this exact same thing! My as of date bounced around for weeks before anything actually happened. From what I've learned lurking here, it could mean they're processing something but it's definitely not a guarantee. The waiting game is absolutely brutal - I feel you on the anxiety! Have you noticed any new transaction codes appearing on your transcript? Those tend to be more telling than the as of date changes.

This is exactly the situation I've been dreading dealing with! I have a contractor van that I've been depreciating for about 6 years, and I'm finally ready to bite the bullet and figure out the conversion process. Reading through all these experiences has been so helpful - especially the points about business modifications affecting FMV and the importance of timing. My van has ladder racks, commercial shelving, and heavy-duty floor protection that would definitely need to be factored into any personal use valuation. One question I haven't seen addressed yet: how do you handle partial year depreciation in the year of conversion? If I convert mid-year, do I need to take depreciation for the business use portion of the year up until the conversion date? And does that affect the basis calculation for determining recapture? Also, for those who used multiple FMV sources, did you average them or use the most conservative estimate? I'm trying to figure out the best approach to avoid any issues while still being fair about the actual value. Thanks to everyone who has shared their experiences - this thread has given me the confidence to finally tackle this instead of putting it off another year!

This has been such a comprehensive discussion - thank you to everyone who shared their real-world experiences! As a tax preparer, I see this issue come up frequently and wanted to add a few professional observations. One thing I always recommend to clients in this situation is to create a "conversion file" with all your documentation dated the same day you make the conversion official. This should include: photos of the vehicle showing condition and business modifications, your FMV research/quotes, insurance change confirmation, and a written statement of your conversion date and reasoning. For those asking about FMV documentation, I've found that a combination approach works best: use online valuation tools as a starting point, but then adjust downward for business modifications, excessive wear, and local market conditions. Document each adjustment with photos or estimates. The IRS is generally reasonable if you can show your work. Also, don't forget that this conversion might affect your state taxes differently than federal - some states have their own depreciation recapture rules or don't conform to federal treatment. Worth checking with a local professional if the amounts are significant. The timing flexibility mentioned earlier is crucial - you have control over when this happens, so plan it for a tax year when you can best handle the additional income. Great thread overall!