Filed March 4th and still stuck in processing! Thanks so much @Annabel Kimball for explaining about the fraud prevention delays - that really puts my mind at ease knowing there's an actual reason behind the wait rather than something being wrong with my return. 8-12 weeks is brutal but I guess it's better than having fraudulent returns slip through. Really hoping we early March filers start seeing some movement in the next week or two since we're hitting that 8-10 week timeline. This thread has been a lifesaver - was starting to think I was the only one dealing with this!

Filed March 9th and yep, still waiting too! This thread has been so helpful - I was getting really anxious thinking something was wrong with my return. Big thanks to @Annabel Kimball for explaining the fraud prevention delays, that context makes such a difference knowing there's an actual reason behind the 8-12 week timeline. It's definitely frustrating but I appreciate that they're being thorough to catch fraud. Seems like all us early March filers are hitting that sweet spot where we should hopefully see some movement soon. Really grateful for this community keeping everyone informed during this stressful waiting period!

I went through something similar last year and here's what I learned the hard way: definitely amend, but first check if your original return has been processed using the "Where's My Refund" tool. The IRS matching system WILL eventually catch the missing W2 - usually 12-18 months later - and when they do, you'll get a CP2000 notice with potential penalties and interest that have been accumulating. It's much better to proactively file Form 1040-X now. My amendment took about 18 weeks to process, but at least I avoided the penalties. Pro tip: keep detailed records of when you filed the amendment and track it using the "Where's My Amended Return" tool. The waiting is frustrating, but it beats dealing with an IRS notice later!

I had this exact same panic last year! Got a late 1099-MISC about 6 weeks after filing and thought my world was ending. Here's what worked for me: First, breathe - this happens to thousands of people every year. Second, definitely wait until your original return shows as "processed" on Where's My Refund before filing the 1040-X. I made the mistake of filing too early and it created confusion in their system. Third, if the additional income means you owe more tax, pay that estimated amount right away even before your amendment is processed - this stops interest from accumulating. The 16+ week wait is brutal, but I actually got mine back in about 14 weeks last summer. The key is being proactive now rather than waiting for the IRS to find it through their matching program, which WILL happen eventually and comes with nastier consequences. You've got this!

I switched from H&R Block to TurboTax last year because I had a similar issue with business vehicle depreciation. TurboTax actually walks you through both GDS and ADS options and explains the differences right in the software.

For your landscaping business truck, since you're using straight line depreciation and sold it in 2024, here's what you need to know about GDS vs ADS: **Key Differences:** - **GDS (General Depreciation System)**: 5-year recovery period for trucks, allows faster depreciation deductions - **ADS (Alternative Depreciation System)**: Typically 5-6 year recovery period, slower depreciation schedule **Why GDS gives you a higher refund:** GDS front-loads more depreciation in the earlier years, giving you larger deductions upfront. That $420 difference you're seeing is real money back now. **The trade-off:** When you sold the truck in 2024, your adjusted basis (original cost minus accumulated depreciation) was lower under GDS. This means you'll likely have more taxable gain or less deductible loss on the sale compared to ADS. **For your 2023 filing:** Since this is your first business vehicle and you haven't established a pattern with other assets, you have flexibility to choose either method. GDS is the standard choice for most small businesses unless you're required to use ADS. **Bottom line:** If the immediate cash flow from the higher refund is important for your business, GDS is probably the right choice. Just be prepared that when you file 2024 taxes next year, you might owe a bit more due to the depreciation recapture calculation. The IRS won't penalize you for choosing GDS - it's completely legitimate and commonly used by landscaping businesses for their vehicles.

Check your tax topic. if its still showing 152 your probably good just gotta wait it out

Two weeks is still within normal processing time for early filers. The IRS typically takes 21 days to process returns, and since you filed on 1/29, you're not even at the full 3-week mark yet. Your transcripts will update once they begin processing your return - usually all at once rather than gradually. I wouldn't worry unless you hit the 21-day mark with no movement. Keep checking every few days rather than daily to avoid unnecessary stress!

Has anyone considered that the IRS might actually already know about these distributions but hasn't acted on them? The 1099-Rs get filed with the IRS directly, so they've had this information since 2018-2019. I'm surprised they haven't sent a CP2000 notice.

I'd be really careful about assuming the IRS hasn't caught this yet. While @Sophia Miller is right about backlogs, the IRS has been prioritizing high-dollar discrepancies and 1099-R mismatches because retirement distributions often involve significant tax amounts. The fact that you haven't received a CP2000 notice yet could mean a few things: 1) They're still processing the match, 2) The distributions might have been properly reported elsewhere on your return in a way that satisfied the matching program, or 3) You genuinely slipped through the cracks (less likely but possible). Before deciding whether to file amended returns, I'd strongly recommend getting a professional assessment of your specific situation. Consider factors like the distribution amounts, your total income those years, whether any taxes were withheld, and exactly how the 1099-Rs were coded. The decision to voluntarily disclose versus wait it out can have major financial implications, especially with penalties and interest calculations. Also worth noting - if these were inherited IRA distributions, there might be additional rules about required distributions that could affect the tax treatment and penalty calculations.