Same here! My transcript shows DDD for today and I've been checking my Chime app every 10 minutes lol. From what I've seen in other threads, most people get theirs between 3-7pm EST on their DDD. Some lucky ones get it earlier but that seems to be the main window. Fingers crossed we both get ours soon! 🤞

I feel your pain! I'm in the exact same situation - transcript shows DDD for today and I've been obsessively checking my Chime account since 6am 😅 From my experience over the past few years, mine usually hits around 4-5pm EST on the DDD. Sometimes it's been as late as 8pm though, so don't lose hope yet! The IRS processes deposits in batches throughout the day, so even though your transcript updated, they might not have sent it to the banks until later in the day. Hang in there!

Has anyone used TurboTax for claiming the adoption tax credit? Their software seemed confused when I tried entering this last year and I ended up having to call customer support.

Congratulations on completing your adoption! I totally understand the stress about getting this right. One thing that might ease your mind - with your $95k income, you're well within the eligibility range, and even if you can't use the full credit in one year, it carries forward for up to 5 years. For documentation, beyond what others mentioned, make sure you keep records of when payments were made and what adoption period they relate to. The IRS cares about the timing - expenses generally need to be from the tax year the adoption was finalized or the year before. Since you finalized in December, most of your $18,500 should qualify for your 2024 return. Also, don't panic if some receipts aren't super detailed. As long as you can reasonably demonstrate they were adoption-related expenses, you should be fine. Bank statements showing payments to adoption agencies or attorneys can help supplement less detailed receipts. The key is having a clear paper trail that shows the expenses were necessary and directly related to the adoption process.

Call the number on the letter ASAP. The TAS advocate assigned to you can explain exactly what they need.

Just wanted to add - when you respond to the 13RCA letter, make sure to include the case number that's on the letter with any documents you send. Also keep copies of everything! The TAS is really helpful once you get through to them, they actually have more power than regular IRS customer service to resolve issues.

This is a great discussion that highlights a common area of confusion! As someone who's dealt with similar rental property tax situations, I want to emphasize that the IRS is very clear about this in their guidance, even though it's not always intuitive. The key principle is that when property is used in a trade or business (which includes rental activities), the expenses directly related to that activity are business deductions that offset the income from that activity. This applies whether you're renting out a house, an apartment building, or bare land. What I've found helpful is thinking about it this way: if you were to sell the property tomorrow, would you report the gain/loss as investment income or business income? Since you're actively engaged in a rental business with this land, it would be business income, which means the ongoing expenses should also be treated as business expenses. For anyone still uncertain about their specific situation, I'd recommend reviewing IRS Publication 527 and possibly consulting with a tax professional who specializes in rental property. The distinction between investment property and rental property can make a significant difference in your tax liability, especially with the current SALT deduction limitations on Schedule A.

I ran into this exact same issue a few years ago with some farmland I inherited and started renting out. The confusion often comes from older tax guidance or preparers who aren't familiar with rental property rules for bare land. The bottom line is simple: if you're collecting rental income from the property, it's a rental business activity regardless of whether there are buildings on it. Your $2,800 in rental income goes on Schedule E, and your $1,450 in property taxes (plus any other legitimate rental expenses) offset that income on the same schedule. I made the mistake of putting my property taxes on Schedule A for two years before figuring this out. Not only did I get minimal benefit due to the standard deduction being higher, but I was also artificially inflating my rental income on Schedule E by not offsetting it with the related expenses. The key test the IRS uses is whether the property is held for the production of income through rental activity. Since you have a legitimate rental arrangement with the farmer at fair market value, you clearly pass that test. Save yourself the headache and put those property taxes where they belong - on Schedule E as a rental expense.

mine took exactly 12 days to come. hang in there!

Same situation here - filed about 2.5 weeks ago and still waiting on my 5071C letter. The uncertainty is killing me! Has anyone had luck with the online ID.me verification process, or is the phone/letter route really the only way? Also wondering if the postal service delays might be making this even longer than usual.