I'm dealing with a similar situation with my LLC that's been dormant for about 18 months. One thing I learned from my CPA is that you should definitely check if your state requires you to file an annual report or pay franchise fees even during inactive periods. Also, regarding the e-filing issue you mentioned - I found that some of the free tax software options like FreeTaxUSA actually do support Form 1065 filing, which might be easier than the paid alternatives if your situation is straightforward (no income, no deductions, just a basic zero return). The key thing my accountant emphasized is don't ignore the filing requirements just because you had no activity. The IRS treats "no response" very differently from "filed a zero return," and the penalties can add up quickly even if you owed no tax.

I went through this exact same situation with my consulting LLC last year! Here's what I learned from working with a tax professional: For your specific questions: 1. The IRS website doesn't support direct e-filing of Form 1065 - you need third-party software or mail it in. I ended up using FreeTaxUSA (as mentioned by Anna) and it worked great for our zero-activity return. 2. Only the LLC files the 1065, not individual partners. The form generates K-1s for each partner showing their share (even if it's zero). Each partner reports their K-1 info on their personal returns. 3. Yes, you still need to file even with no activity. The filing requirement starts when the LLC is legally formed as a partnership, not when you get an EIN or start business operations. One thing that saved me a lot of stress: there's actually a "reasonable cause" exception for late filing penalties when you can show the LLC had no activity and no income. You'll need to attach a statement explaining the situation when you file. Don't let the fear of penalties stop you from getting compliant - the IRS is often willing to work with taxpayers who make good faith efforts to catch up on dormant entity filings. Also definitely check your state requirements! Some states are much more forgiving than others for inactive LLCs.

I'm dealing with this exact situation right now too! My refund showed as sent 8 days ago on WMR but nothing in my account. After reading everyone's experiences here, I'm feeling much more confident this will work out. It sounds like the 5-7 business day window for bank rejection is pretty standard, so I'm probably right at the point where it should bounce back to the IRS soon. I'm going to check my tax transcript tomorrow to see if there are any rejection codes showing up yet. Has anyone noticed if there's a pattern to when these rejections typically happen - like do they tend to process on weekdays vs weekends? Also planning to verify my mailing address through my IRS online account just to be safe before the paper check gets issued. This community is so helpful - thanks everyone for sharing your experiences!

I'm going through this exact same thing right now! Filed my return 3 weeks ago and WMR shows my refund was sent 7 days ago, but I'm pretty sure I mixed up a couple digits in my account number. My bank confirmed they haven't received anything, so I'm expecting it to bounce back soon. Reading through everyone's experiences here has been incredibly helpful - I had no idea this was so common! I'm going to check my transcript this weekend to see if there are any rejection codes, and I've already verified my mailing address through my IRS online account. It's reassuring to know that the IRS typically handles these situations automatically with the paper check reissue. Has anyone here had experience with how long it takes for the rejection codes to show up on the transcript after the bank rejects the deposit?

Just FYI - the IRS is way more interested in cases where there's a lot of money involved. If this person is just making a few thousand in unreported cash, it might not be worth their time to investigate. They typically go after cases where they can recover significant amounts of tax revenue. This isn't to say don't report it, but manage your expectations about both the response and any potential reward. The bigger the case, the more likely they are to act on the information.

Before you go down the whistleblower path, make sure you have solid documentation. The IRS needs more than just "I know they got paid in cash" - they want bank records, receipts, witness statements, or other concrete evidence showing unreported income. Also consider that if this person finds out you reported them (which can happen during audits or legal proceedings), it could escalate your business dispute. The IRS investigation process can take years and there's no guarantee they'll even pursue the case or that you'll receive any reward. If you're mainly motivated by wanting them to pay their fair share rather than getting revenge or money, the anonymous Form 3949-A might be the better route. It removes the personal risk and still gets the information to the IRS.

Quick question for anyone who's done this - if I'm converting my garage to a home office for my 1099 work, can I still claim the deduction if I occasionally use the space for emergency overflow guest parking during holidays? Or does that violate the "exclusive use" requirement?

As someone who went through a similar conversion last year, I'd strongly recommend getting a consultation with a tax professional before you start construction. While the general advice here is solid, your situation as a physician doing telehealth work might have some unique considerations. For instance, if you're seeing patients virtually, there could be HIPAA compliance requirements that affect your office setup - like soundproofing or secure internet connections. These compliance-related expenses might be handled differently for tax purposes than standard construction costs. Also, since you mentioned multiple income streams, make sure you're allocating the office expenses correctly. If you use the space for any of your other work (like administrative tasks for your hospital or clinic positions), the deduction calculation becomes more complex. One thing I wish I'd known earlier: keep a detailed business use log from day one, even before construction is complete. Document every telehealth appointment, business call, or professional task you do in that space. The IRS loves contemporaneous records, and this will be invaluable if you ever face scrutiny. The 39-year depreciation mentioned earlier is accurate, but don't overlook potential immediate deductions for things like office furniture, computer equipment, and certain technology upgrades that might be specific to your medical practice.

Settlement dates can definitely be confusing, especially when you're counting on that money! From my experience, the settlement date is more of a banking term than an IRS thing. Once the IRS sends your refund, it's really up to your bank's policies on when they release the funds. Since you're with Wells Fargo, you might actually get lucky - they sometimes release tax refunds a day or two before the official settlement date, especially if it's a straightforward direct deposit from the IRS. The "pending" status you're seeing is actually a good sign that the money is on its way. My advice would be to check your account first thing in the morning - sometimes these deposits post overnight even before the settlement date. And definitely give Wells Fargo a call to ask about their specific policy for IRS refunds. Each bank handles it differently, but many will give you access before that April 17th date. Hope you get your money sooner than expected!

I went through this exact same thing last year and it drove me crazy! The settlement date is basically just when the transaction officially clears between banks - it doesn't always mean you have to wait until then to access your money. With Wells Fargo specifically, I've noticed they usually make tax refunds available 1-2 business days before the settlement date. Since yours shows 4/17 (Thursday), there's a decent chance you might see it Tuesday or Wednesday. They tend to process these overnight, so definitely check your account first thing in the morning. One tip: if you have the Wells Fargo app, sometimes the money shows up there before it appears if you check online. Also, their customer service can tell you their exact policy for your account type if you call the number on the back of your card. The waiting is the worst part, but once you see that "pending" status, the money is basically guaranteed to hit your account. Just might be sooner than that settlement date suggests!