I'm also stuck with cycle code 0705 and filed in late January! It's reassuring to see so many others in the same boat. From what I'm gathering from everyone's responses, it sounds like Thursday transcript updates are key for our cycle code. I've been checking randomly throughout the week, but I'll focus on Thursday mornings going forward. The waiting is definitely stressful, especially when you have expenses lined up like your home repairs. Fingers crossed we all see some movement soon - this community has been incredibly helpful in understanding what's normal vs. concerning!

I'm in the exact same situation with cycle code 0705! Filed on January 30th and have been checking my transcript obsessively. After reading all these responses, I feel so much better knowing this is normal for our cycle code. I had no idea about the Thursday update pattern - I've been wasting so much time checking randomly throughout the week. It's also really helpful to know what codes to look for (especially that 846 code everyone mentions). I'm dealing with a similar situation where I need the refund for some urgent car repairs, so the waiting has been pretty stressful. But seeing that other late January 0705 filers are starting to get their DDDs this week gives me hope! Thanks everyone for sharing your experiences - this community is incredibly supportive.

Have you considered that your Form 2553 might have been filed late originally? There's a specific rule that Form 2553 must be filed either within 2 months and 15 days of the beginning of the tax year the election is to take effect, OR at any time during the tax year preceding the tax year it is to take effect. If you missed this deadline, you might need to request relief under Revenue Procedure 2013-30, which allows for late S corporation elections. This involves attaching a statement explaining why you had "reasonable cause" for filing late.

I'm dealing with a very similar situation right now with my 2022 return. The IRS initially accepted my 1120-S but then sent a rejection letter months later claiming they had no record of my S-corp election. What's frustrating is that I filed Form 2553 well within the deadline and have the certified mail receipt. One thing that helped me understand what happened was requesting my Entity Control Document (ECD) from the IRS Business Master File. This shows exactly how they have your business classified in their internal system versus what your actual filings indicate. You can request this by calling the Business & Specialty Tax Line or including it in your written correspondence. In my case, the ECD showed that someone had manually entered my business as a "disregarded entity" (single-member LLC) even though my formation documents clearly established a corporation. This was purely a data entry error on their end. I'm now working with a tax attorney to file a formal protest of the rejection along with all supporting documentation. The key seems to be proving that any classification error originated from IRS processing mistakes rather than incorrect filings on your part. Since your business is dissolved, you might want to act quickly as there are time limits on how long you can dispute these issues. Have you tried requesting your complete business file from the IRS to see exactly what they have on record?

Anybody know if its different for people claiming EIC?

Been dealing with the same thing since I filed on 1/30! Super frustrating when you're waiting on that refund. From what I've learned lurking here, it seems like the account transcript showing up is basically the IRS saying "yep, we're officially processing your return now." The wage transcript appearing first just means they've matched your W2s to your return, which is a good sign. Hang tight - sounds like most people are seeing their account transcripts pop up within 2 weeks of filing based on the comments here.

There's actually a specific IRS ruling that applies to your situation! It's called the "Administrative or Management Activities Test" from IRS Publication 587. Your home office qualifies as your principal place of business if you use it to conduct administrative or management activities AND you don't conduct these activities substantially at any other fixed location. Since you mentioned you do all your billing, scheduling, client calls, and paperwork at home, you're good! Even if you spend way more time at client sites doing the actual service work.

My CPA told me that traveling to client sites from your home office makes those drives tax deductible too! Since your home office is your principal place of business, the commute from home to your first client and from your last client back home counts as business travel, not commuting. Make sure you track those miles!

Have you considered requesting your transcript by mail instead? What about calling the practitioner priority line if you work with a tax professional? Could your tax software provider offer transcript access through their professional portal? If you need it urgently, try the automated phone system at 800-908-9946. It's ancient technology but sometimes works better than the website. Press 2 for transcripts, then follow the prompts. Takes about 5-10 days to arrive by mail, but at least you'll have it.

I've been dealing with this exact same issue! As someone who needs quarterly transcripts for my small business, I've found a few workarounds that might help: **What's worked for me:** - The mobile app (IRS2Go) sometimes loads when the website won't - try that first - Incognito/private browsing mode occasionally bypasses whatever's causing the error - If you're getting the "identity verification" error, make sure your ID.me account is fully set up and linked **Backup options:** - The automated phone line (800-908-9946) is your friend - it's clunky but reliable - Request by mail using Form 4506-T if you can wait 5-10 business days - If you work with a tax pro, they might have access through practitioner channels The timing advice others mentioned is spot-on - early morning or late evening definitely helps. I've also noticed weekends tend to be less problematic than weekdays during tax season. Hope this helps! The system is definitely overloaded right now, but you should be able to get what you need through one of these methods.