Check your account transcript not just WMR. Sometimes transcript updates b4 WMR does

Same here with cycle 03! From what I've experienced, the transcript usually updates first (around midnight-3am EST on Thursdays) then WMR catches up later in the morning. I'd recommend setting up IRS account access if you haven't already - way more reliable than constantly refreshing WMR. The waiting game is brutal but hang in there!

Does anyone know if eBay provides any kind of itemized statement with the 1099-K to help with tracking all this? I sold maybe 30 different items last year and I'm dreading having to go back through all the transactions manually.

Thanks for all the helpful advice everyone! I'm in a similar boat with about $800 in eBay sales this year and was stressing about the 1099-K. One thing I learned from reading IRS Publication 544 is that if you're selling personal items, you only report the gains (where you sold for more than you paid), not the losses. So @Andre Laurent is exactly right - you can't deduct personal losses against other income. For anyone still confused about Schedule C vs Schedule D, the key test is your intent when you bought the items. If you bought them for personal use and are just decluttering, use Schedule D. If you bought items specifically to resell for profit, that's Schedule C business income. I've been keeping a simple spreadsheet with columns for: Item Description, Original Cost, Sale Price, Gain/Loss. Makes it much easier to track everything and identify which gains I actually need to report.

Just to add - make sure you're responding to the CP2000 notice within the deadline they gave you! Even if you're still gathering documentation, send something in writing before the deadline saying you disagree with their findings and are gathering evidence. The worst thing you can do is miss their response deadline because then it becomes much harder to dispute. You can always send additional documentation later, but that initial response preserving your right to dispute is super important.

I went through almost this exact same situation two years ago! The key thing that saved me was getting very specific documentation from my school showing the actual payment dates versus charge dates. Here's what I'd recommend based on what worked for me: 1. Get that student account statement from your bursar's office like Katherine suggested, but make sure it clearly shows TWO different date columns - "Date Charged" and "Date Payment Received" 2. Gather ALL your payment proof from January 2021 - credit card statements, bank records, loan disbursement records, etc. The IRS needs to see that YOU didn't actually pay until 2021, regardless of when the school posted charges 3. When you respond to the CP2000, include a cover letter explaining the timing discrepancy. Something like "Although tuition charges were posted to my student account in December 2020, I did not make any payments until January 2021, as evidenced by the enclosed documentation" 4. Don't just send copies - send certified mail with return receipt so you have proof they received your response The IRS accepted my documentation and reversed their adjustment, but it took about 8 weeks to get the final resolution letter. The key was showing that my actual out-of-pocket payments happened in 2021, which is what qualifies you for the credit on that year's return. Stay persistent - you're absolutely right that this is a technicality, but it's one you can win with the right documentation!

Hey Sean! Congratulations on the upcoming baby! Your situation isn't as complicated as you think. You're absolutely right that you can file as Head of Household based on your new baby, even with a December birth. Here's the key thing everyone's touched on but I want to emphasize: for Head of Household, you need YOUR qualifying person. Your girlfriend's son doesn't count for YOUR filing status since you're not married yet - he's not legally your stepchild. But that's totally fine because your biological child will be your qualifying person. The December timing works in your favor too. As others mentioned, the "more than half the year" rule for a newborn only applies to the time since birth, not the full calendar year. One practical tip: start keeping detailed records NOW of all household expenses you pay (rent/mortgage, utilities, groceries, etc.). You'll need to show you paid more than half the cost of maintaining the home. This becomes especially important since you and your girlfriend will both potentially be filing as Head of Household from the same address - the IRS may want to see clear documentation of who paid what. Good luck with the baby and congratulations on the upcoming wedding next summer!

This thread has been super helpful for understanding HOH rules! I'm in a somewhat similar situation - unmarried couple, each with our own kids from previous relationships, plus expecting a baby together next year. One thing I wanted to add that might help Sean and others: when you're documenting those household expenses for HOH purposes, make sure you're thinking about ALL the costs of keeping up a home. It's not just rent/mortgage and utilities. The IRS includes things like property taxes, mortgage interest, rent, utilities, upkeep and repairs, property insurance, and food consumed in the home. I learned this the hard way when I first tried to calculate whether I was paying "more than half." I was only counting the obvious bills like rent and electric, but once I factored in groceries, home repairs, insurance, etc., the total household costs were much higher than I initially thought. Also, Sean - since you mentioned you've been helping raise her son for almost 2 years, just remember that even though he can't be YOUR qualifying person for HOH purposes until you're married, any support you provide for him could still affect the overall household expense calculations. Just something to keep in mind when you're doing the math on who pays more than half of what.

This is such a common frustration with SBTPG and Chime! I went through the exact same thing last month. SBTPG told me my refund was "sent" but Chime wouldn't release it for 24 hours. What I learned is that even though Chime advertises early direct deposit, they're more conservative with tax refunds that come through third-party processors like SBTPG. The ACH network still has standard processing times, and Chime waits for full settlement before releasing funds from these processors. It's annoying when you're expecting that "early" deposit benefit, but at least you know it's actually on its way now!

This exact same thing happened to me with SBTPG and my credit union last year! What I found out is that there's often a disconnect between when SBTPG says they've "sent" the money and when they've actually initiated the ACH transfer. Sometimes they pre-schedule the transfer but it doesn't actually go out until later in the day or even the next business day. Since you confirmed with both SBTPG and Chime that it's in the system, you're probably just caught in that normal 24-48 hour ACH processing window. I know it's frustrating when you've been waiting forever, but sounds like you're in the home stretch now!