Has anyone tried both TurboTax and H&R Block online to compare the results? Sometimes I get different amounts from different software.

I'd definitely recommend trying both the taxr.ai suggestion from @Connor Murphy and comparing results across multiple tax software platforms before you finalize anything. A swing from getting $2,800 back to owing federal taxes is a huge red flag that something's not right with your current filing. Also, make sure you're entering ALL your tax documents correctly - sometimes people forget about interest statements from banks, unemployment compensation from earlier in the year, or even small 1099s from freelance work. Even a small missed document can throw off your entire calculation. Before paying any service fees, try the IRS Free File program (https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free) which gives you access to brand-name software for free if you qualify. At minimum, it'll give you another data point to compare against your current results.

I went through this exact same frustrating situation about 6 months ago! The good news is that you absolutely can get your refund - expired Treasury checks are more common than you'd think and the IRS has procedures in place for this. Here's what I'd recommend based on my experience: 1. **Try your bank first** - Many banks will still honor Treasury checks even after the stated expiration date, especially if it's only been a few weeks. Bring ID and be prepared to explain the situation. Worth trying before going through the reissuance process. 2. **If bank says no, contact IRS directly** - Call early (right at 7 AM when they open) for best chance of getting through. Have your SSN, filing details, and refund amount ready. They can verify your identity and start reissuance over the phone. 3. **Mail option as backup** - If you can't reach them by phone, write "VOID" across the expired check and mail it back with a letter explaining you received it after expiration. Include your contact info and request a new check. Send it certified mail to track it. 4. **Check your address** - Make sure the IRS has your current, correct address! This might be why your check took so long to reach you. They can update it during your call. The whole process took about 4 weeks for me once I got it sorted out. Don't panic - you'll get your $2,873! This happens way more often than it should due to IRS mailing delays.

Had this exact same issue last year! The IRS mailing system is seriously broken - my refund check was dated in January but didn't show up until May. Here's what worked for me: First, definitely try your bank. I was shocked that my credit union actually accepted the expired check even though it was 8 weeks past expiration. They said Treasury checks have different rules and they could see it was obviously a postal delay, not my fault. If your bank won't take it, the fastest route is calling the IRS right when they open at 7 AM. I know everyone says it's impossible to get through, but early morning really does work better. Have your SSN, refund amount, and filing date ready. The agent can verify everything and start reissuance immediately. Also - and this is super important - make sure they have your correct address! My check was delayed because I had moved and forgot to update my address with the IRS. They can fix that during the same call so your replacement doesn't get lost too. The reissued check took about 3 weeks to arrive. Don't stress too much - this happens way more than it should and the IRS knows their system has problems. You'll definitely get your $2,873!

Has anyone dealt with a settlement that spanned multiple tax years? I received part of my settlement last year and will get the rest this year, but all the attorney fees came out of last year's payment. Trying to figure out if I can deduct all fees last year or need to split them somehow.

I went through something very similar last year and wanted to share what I learned. The key thing that helped me was getting organized with all the paperwork first. Make sure you have your settlement agreement that breaks down exactly what each portion of the $78,000 was for - physical injuries vs. lost wages. One thing to watch out for is that some settlement agreements aren't super clear about the breakdown, so you might need to contact your attorney to get a clearer allocation letter. This becomes really important because the IRS could ask for documentation later. Also, since you're using TurboTax, look for the section on "Other Income" and then "Legal Settlements." It should walk you through the process of reporting only the taxable portion. The software has gotten better at handling these situations in recent years. The math everyone described above is correct - allocate the attorney fees proportionally based on what percentage of your settlement was taxable income. Just make sure to keep copies of everything because settlement tax issues sometimes get flagged for review.

I actually did exactly this last year - cashed out at about a 20% loss to pay down debt. The mental relief of getting rid of the credit card debt was honestly worth way more than waiting for my investments to maybe recover someday. Plus the guaranteed "return" of not paying 22% credit card interest beats whatever I might have made in the market. Just my two cents!

Just wanted to add that you should also consider the timing of when you sell within the tax year. Since you're already at a loss, selling before December 31st means you can claim that loss deduction on this year's tax return, which could help offset any other income and potentially get you a bigger refund or lower tax bill. Also, once you pay off that credit card debt, try to resist the urge to rack it up again! The guaranteed savings from eliminating 20%+ interest rates is way better than any potential market gains. You're making a smart financial decision here - sometimes cutting losses and focusing on guaranteed debt reduction is the right move.

This is such a helpful thread! I'm dealing with a similar situation where my client filed Form 966 but now wants to continue operations. One thing I wanted to add from my experience - make sure to document the timing of when the abandonment decision was made versus when any liquidating distributions might have already occurred. If partial distributions were made after the Form 966 filing but before the abandonment, those might need special treatment. The IRS could view those as liquidating distributions even if the overall plan is later abandoned. I learned this the hard way when a client had already distributed some assets to shareholders before changing their mind. Also, keep detailed records of the corporate decision-making process. The IRS may want to see evidence that the abandonment was a legitimate business decision and not just tax avoidance. Board minutes, shareholder resolutions, and documentation of the changed business circumstances can all be important if you're ever questioned about the abandonment. The guidance about sending a statement to the IRS service center is spot on - just make sure it's comprehensive and references all the relevant dates and corporate actions.

Great thread everyone! I'm a tax advisor who's handled several Form 966 reversals, and I wanted to add a few practical points that might help others in similar situations. First, timing is crucial when documenting the abandonment. The IRS generally wants to see that the decision to abandon was made for legitimate business reasons, not just to avoid tax consequences. Make sure your corporate minutes clearly state the business justification for continuing operations. Second, if you're in a state that requires annual franchise tax filings, check whether your Form 966 filing affected your state tax status. Some states automatically change your filing requirements once they're notified of dissolution plans, so you may need to update your state tax registration as well. Finally, consider the impact on any tax elections that might have been made in conjunction with the liquidation plan. For example, if you made a Section 338 election or any other special elections related to the liquidation, you'll need to evaluate whether those need to be addressed separately. The advice about sending a signed statement to the IRS service center is absolutely correct - just make sure it includes the EIN, original Form 966 filing date, and a clear statement that the plan has been formally abandoned by appropriate corporate action with the date of that action.