I had this exact situation last week! Got my 846 code yesterday and DDD for next week. Your probably close!

Same thing happened to me last year! The transcript updates way faster than WMR - sometimes by weeks. As long as you're seeing positive movement on your transcript with good codes, you're in the system and processing. The 846 will show up soon enough. WMR is notoriously unreliable, especially early in the season when they're still working out the kinks.

One thing to watch out for - make sure your tax software is actually calculating everything correctly after you manually add the income. I had a similar situation with code 23 income, and TurboTax allowed me to enter it but didn't properly account for it in the final calculations. H&R Block's online version handled it better for me. But regardless of which software you use, I recommend double-checking the final numbers by hand. The 1040-NR is unfortunately not as well supported by most tax software as the regular 1040.

As someone who recently went through this exact situation, I can confirm that the software is handling this correctly. Income code 23 on your 1042-S does need to be manually added to your gross income since it represents taxable moving expense reimbursements. A few additional tips from my experience: 1. Make sure you're using the 2023 version of Schedule 1 when reporting this income 2. Keep detailed records of what the $4,100 covered (moving truck, temporary lodging, etc.) in case the IRS has questions later 3. Double-check that your software is properly linking the $1,230 withholding to this income - some programs don't make this connection automatically Also worth noting: if you're from a country with a tax treaty, you might be able to reduce the tax on this income. Many treaties have provisions for employment-related reimbursements that could save you money. The 30% withholding might have been more than necessary depending on your home country's treaty with the US. Good luck with your filing! The 1040-NR can be tricky but you're on the right track.

I had this same issue! The form where you list dependents (Form 1040) doesn't limit how many dependents you can claim. You just list them all in Part I of the dependent section. One thing though - are you sure you want to claim them? By claiming them as dependents, you might be messing up their ability to get certain tax credits or benefits that they'd qualify for otherwise. Have you checked if this could affect their situation negatively?

Great question! I went through this exact situation with my parents two years ago and can confirm you CAN claim both parents as dependents even though they're married and filed jointly. The key things to verify: 1. Each parent individually meets the gross income test (under $5,100 for 2025) 2. You provided more than 50% of their total support 3. They lived with you for the full year 4. They only filed their joint return to get a refund of withheld taxes From what you've described, it sounds like you meet all the criteria. The Social Security income likely won't count toward the gross income limit since it's typically not taxable at their income level. One tip: create a simple spreadsheet tracking all the support you provide (housing costs, utilities, food, medical, etc.) versus any support they provide themselves. This documentation will be invaluable if you're ever questioned about the dependency claims. Also, double-check that claiming them won't disqualify them from any credits or benefits they might be eligible for independently - sometimes the family saves more money overall by not claiming the dependents if they qualify for certain credits on their own return.

Another thing to consider - if the computer costs $6000, it's likely going to need to be depreciated rather than expensed all at once (unless you're planning to use Section 179 deduction or bonus depreciation). Make sure you're considering not just HOW you're paying for it but also HOW you're deducting it for tax purposes. The IRS has specific rules about capitalizing and depreciating assets over a certain dollar amount.

Great question about the gift card approach! I've actually done something similar for my marketing agency when I needed to purchase equipment that exceeded my credit limit. The key thing to remember is that the IRS looks at the substance of the transaction, not the form. Since you're ultimately purchasing a legitimate business asset (the workstation), the entire $6000 is deductible regardless of how you split the payment between gift card and credit card. Just make sure to keep excellent records - save the gift card purchase receipt, the computer purchase receipt, and maybe even write a brief note explaining the business purpose and why you used this payment method. This documentation will be invaluable if you ever need to justify the deduction. One additional tip: since this is a $6000 purchase, you'll want to consider whether to expense it immediately using Section 179 or bonus depreciation, or depreciate it over time. For most small businesses, the immediate deduction is usually more beneficial, but it's worth discussing with a tax professional to make sure you're optimizing your tax strategy. The gift card approach is perfectly legitimate - you're not doing anything sketchy, just working around a credit limit constraint while still making a valid business purchase!

I'm confused about the withholding part. DraftKings withheld some taxes from a big parlay I hit last year, but my other accounts didn't withhold anything. How do I account for that on my taxes?

This is exactly the situation I was in last year! I had accounts with multiple sportsbooks and was completely overwhelmed trying to figure out the tax implications. Here's what I learned from my tax preparer: You need to report ALL gambling winnings as income on Schedule 1, regardless of whether you received W-2Gs or not. This means adding up every single winning bet from all your platforms - Fanatics, Bet365, FanDuel, and DraftKings combined. The tricky part is that you report gross winnings (not net), so even if you're down overall for the year, you still owe taxes on your wins. Your losses can only be deducted if you itemize, and only up to the amount of your winnings. My advice: Download detailed statements from each platform showing all your betting activity. Most sportsbooks have this under "Account History" or "Tax Documents." Create a simple spreadsheet tracking each bet - date, platform, amount wagered, win/loss amount. This documentation will be crucial if the IRS ever questions your return. Don't try to get creative with the reporting - the IRS has been cracking down on sports betting taxes lately. Better to be conservative and accurate than risk an audit.