I've verified my identity with the IRS for three years in a row now, despite them saying it should be a one-time thing. Each time they hold my refund until I jump through all their hoops again. The system is completely broken. I've literally sent them the same documents year after year. my advice: just expect to verify every year and be pleasantly surprised if you don't have to.

Based on my experience and what I've seen from others, it really depends on several factors. Generally, ID.me verification should carry over year to year - that was the whole point of implementing it. However, certain triggers can require you to verify again: - Major changes in income or filing status - Moving to a new address - Adding new dependents or credits you didn't claim before - The IRS fraud detection system flagging something unusual Since your tax situation is similar to last year, you'll probably be fine. But honestly, the IRS system can be unpredictable. Some people go years without having to verify again, while others get flagged annually for seemingly no reason. My suggestion: go ahead and file. If they need verification, you'll get a notice or see it when you check "Where's My Refund." No point in worrying about it beforehand since there's nothing you can do to prevent it if their system decides to flag you.

Called my state tax office and they said once it shows issued its basically guaranteed within 5 business days for DD. hope this helps!

I'm in a similar situation - mine shows issued 2/8 and still waiting! From what I've read on here and other forums, it seems like most people get their state refunds 2-4 business days after the issued date for direct deposit. The anxiety is real though, especially when you've been waiting since January. Hang in there!

According to what I've read on the IRS.gov website and some tax forums, the combination of code 810 with "no tax return filed" status often means your return is in the processing queue but has been flagged for some type of review. This doesn't necessarily mean there's a problem with your return - it could be random selection. Have you checked the Where's My Refund tool at https://www.irs.gov/refunds? Sometimes that shows different status information than what appears on your transcript.

I'm dealing with something very similar right now! My transcript shows the 810 code and I've been stuck in limbo for about 3 weeks. From what I've researched, the 810 code can mean different things - sometimes it's just a routine review, other times it could be income verification or credit validation. The frustrating part is that "no tax return filed" message doesn't actually mean they don't have your return - it's more like saying "we have it but haven't fully processed it yet." I filed early February and claimed the Child Tax Credit, so I'm wondering if that's what triggered the review in my case. Have you tried calling the IRS directly? I know the wait times are brutal, but I'm considering it since I haven't received any letters either.

Last year my cycle code was 20240505 and I remember panicking just like you're doing now. I thought it meant I wouldn't get my refund until 2024 (this was early 2023). I ended up getting my refund about 3 weeks after seeing that code. The cycle code is just internal IRS processing info - the first 4 digits are the fiscal year (which starts in October), the next 2 are the week, and the last 2 are the day of the week. Your 04 means Thursday. Check your transcript next Thursday - you'll likely see movement then.

I completely understand your anxiety about the cycle code! I went through the same panic last year when I saw "2024" on my transcript and thought I'd be waiting forever. The cycle code 20250504 is actually good news - it means your return is actively in the system and being processed. The "2025" refers to the IRS fiscal year (which started October 1, 2024), the "05" means your account updates on Thursdays, and "04" confirms Thursday as your update day. Since you filed March 1st and it's now April 12th, you're well within the normal processing timeframe. Keep checking your transcript every Thursday morning - once you see an 846 code with a date, that's your refund date! You should definitely have your money well before your May 15th tuition deadline. Hang in there! 🤞

Just to add something - we deduct our state corporate income taxes, property taxes, sales taxes, payroll taxes, and a few others. Our accountant said it saved us about $8,300 last year. Make sure whoever is doing your taxes knows to look for ALL possible tax deductions even if federal income tax isn't one of them.

Great thread everyone! As someone who's been running a C corp for about 5 years now, I can confirm what others have said - federal income tax is definitely NOT deductible. I learned this the hard way my first year when I tried to claim it and got flagged during an audit. What I've found helpful is keeping a detailed spreadsheet of all tax payments throughout the year, categorizing them as either deductible or non-deductible. This makes tax prep much smoother. The deductible ones for us include state franchise taxes, local business license fees, property taxes on our facility, and the employer portion of payroll taxes. One thing I didn't see mentioned - if you're in a state with gross receipts taxes or other business-specific taxes, those are typically deductible too. We pay a gross receipts tax in our state that amounts to about $3,400 annually, and that's been a legitimate deduction for us. Also, don't forget about any business personal property taxes you might be paying on equipment, vehicles, etc. Those add up and are definitely deductible business expenses.