Verified August 1st wmr changed from still being processed to being processed August 7, when should I receive my refund

I'm currently dealing with a similar review situation and wanted to share what I've learned from working with a tax professional. The verification process can be tricky because the IRS uses different systems that don't always sync up in real-time. **Key verification steps I recommend:** 1. **Call the IRS directly** using the number from irs.gov (not the letter) - this is the most reliable way to confirm legitimacy 2. **Check your online transcript** for Transaction Code 420 or other examination codes 3. **Verify letter details** - legitimate notices will have your correct SSN, tax year, and a proper notice number **Important timing note:** The 30-day response window is typically calendar days from the letter date, not business days. Don't wait to start gathering documents. **For your dependents' information:** Since you mentioned coordinating dependent info, make sure you have birth certificates, Social Security cards, school records, and any custody documentation readily available. These are commonly requested during family-related reviews. **Typical timeframes:** From my experience and research, most correspondence exams take 3-6 months, but responding quickly and completely can significantly reduce this timeline. The key is staying organized and responding promptly. Most reviews are routine data matching issues that resolve without additional taxes owed. Keep detailed records of all communications and send everything via certified mail with tracking. Don't let the uncertainty stress you out too much - the process is designed to be manageable if you follow the proper steps!

Has anyone been able to use TurboTax to file an amended return for crypto losses? Their interface is confusing me when trying to enter all my transactions from 2021.

I was in almost the exact same situation! Lost about $8k in crypto in 2021 and completely ignored it on my taxes because I was so frustrated. Finally bit the bullet and filed an amended return (Form 1040-X) last month. The process wasn't as bad as I expected. You definitely should report all crypto transactions even with zero gains - the IRS considers each trade a taxable event regardless of profit/loss. I gathered all my exchange statements, calculated my basis using FIFO method, and filed the amendment. Already got my refund for the $3k loss deduction against my 2021 income, and I can carry forward the remaining $5k to offset future gains or take another $3k deduction next year. Don't let the paperwork intimidate you - it's worth doing especially since you're still within the 3-year window to amend 2021.

Anyone know if having a roommate/partner affects eligibility for home office deduction? My tax guy said something about not being able to take the deduction if I share the apartment with someone else, which sounds wrong based on this thread.

I've been in a similar situation with shared apartment expenses, and one thing that helped me was keeping meticulous records from day one. Beyond what Carmen mentioned, I'd also suggest: - Taking photos of your office setup with timestamps - Keeping a log of business activities conducted in the space (even just a simple calendar noting "client calls," "project work," etc.) - Saving email confirmations or receipts for any office furniture/equipment purchases One mistake I made initially was not separating my business and personal use clearly enough. The IRS really emphasizes "exclusive" use - so if you ever use that room for personal activities (like storing personal items, having guests sleep there, etc.), it could jeopardize your deduction. Also, regarding your work truck parking - since you mentioned the actual expenses are higher than standard mileage, make sure you're consistent with your vehicle deduction method throughout the year. You can't switch between actual expenses and standard mileage for the same vehicle in the same tax year. Good luck with your first year taking the deduction! It's definitely worth getting right from the start.

Just wanted to add my recent experience to help set realistic expectations! I got my TAS advocate assigned in early February for a similar expat situation (German tax credits and FEIE complications) and my case was finally resolved last week - so about 6 weeks total. **My timeline breakdown:** - Days 1-3: Initial advocate contact, case intake - Week 2: Submitted additional documentation they requested - Weeks 3-4: Complete silence (I was panicking but reading these comments shows this is totally normal!) - Week 5: Advocate reached out with update - they were waiting on the International Function to review treaty provisions - Week 6: Suddenly everything moved quickly and got resolved **What I wish I'd known earlier:** - International cases involving tax treaties require coordination between multiple IRS departments, which inherently takes longer - Your advocate is often waiting on responses from other departments, not actively working your case every day - The IRS has dedicated teams for different types of international issues, and they work through cases in batches **Practical tip:** My advocate told me that cases with financial hardship documentation (like pending loan applications, medical bills, etc.) do get prioritized within their queue. If your timeline is truly critical for financial planning, make sure to document and communicate that clearly. The process definitely takes longer than you hope but shorter than you fear. Your advocate assignment is actually a huge step forward - you're in the system now with someone specifically responsible for your case!

Adding another data point to help with expectations! I just went through this process with Australian tax credits and totaled investment income complications - got my advocate in late January and case closed last Friday, so about 8 weeks total. **My experience timeline:** - Week 1: Initial advocate contact, comprehensive document request - Weeks 2-3: Submitted everything, then complete radio silence (I called once and they said "still under review") - Week 4: Advocate called with update - they needed coordination with both International Function AND Examination Division - Weeks 5-6: More back-and-forth on documentation, some requests seemed redundant - Weeks 7-8: Rapid resolution once all departments aligned **Key insights:** - Cases involving both foreign tax credits AND other complex issues (like investment income) require multiple department coordination, which adds time - My advocate was incredibly helpful once I understood that much of the wait wasn't on their end - they're often waiting for responses from specialized teams - The "30-45 day" estimate seems to be for simpler cases; anything involving tax treaties realistically takes 6-8 weeks minimum **What actually helped:** I created a simple timeline document showing when I submitted what, and when my advocate requested what. This helped me track if things were actually moving or if there were genuine delays. Also helped when the advocate asked for documents I'd already provided - I could reference specific dates. The uncertainty is definitely the hardest part, but your advocate assignment really is a positive step forward in the process!

I'm having exact same problem!!! Last month I sold my grandmother's old china set for $700 that was probably worth thousands when new but I don't have a receipt from the 1970s lol. Also sold some designer clothes I impulse bought and never wore but took a big loss on them. How do u even figure the cost basis on inherited items like that china? Its so confusing and I'm scared PayPal will send a 1099K even though I'm nowhere near the threshold and then the IRS will think I'm running a business or something which I'm definitely not!!!

@Jordan Walker, I completely understand your stress about this! I went through something very similar last year and want to share what I learned that might help ease your worries. First, the good news: you're thinking about this correctly. The IRS distinguishes between personal items sold at a loss versus actual business income, and you won't owe taxes on selling your personal belongings for less than you paid. Here's what I did when I was in your exact situation: 1. Created a simple spreadsheet with columns for: Item Description, Approximate Purchase Date, Estimated Original Cost, Sale Price, and Notes 2. For items without receipts, I researched similar items online to estimate what I originally paid 3. Added notes like "personal designer bag purchased approximately 2019, selling due to financial need" The key insight that helped me: the IRS isn't trying to trap people selling personal items at yard sale prices. They're looking for patterns that suggest unreported business activity. Your situation - selling varied personal items at obvious losses - is clearly not a business. Regarding the thresholds, yes it's confusing! PayPal has been more aggressive with 1099-K reporting, but remember: receiving the form doesn't create a tax obligation. You'll just need to show these were non-taxable personal sales when you file. Don't let this keep you from selling items you need to sell! Just document what you can reasonably document, and you'll be fine.