I had a similar situation on April 15, 2023. My congressman's office received confirmation from TAS on May 2nd, 2023 that my refund would be processed. The actual deposit hit my account on May 17th, 2023 - exactly 15 days after TAS confirmed the release. The technical process involves the TAS issuing what's called an OAR (Operations Assistance Request) to the specific IRS department holding your return, which typically has a 5-10 business day response requirement.

Hey Cedric! I went through something very similar last year - filed in February and didn't get my refund until August after getting my congressman involved. The TAS process can feel really slow, but once they issue that Operations Assistance Request (OAR), things usually move pretty quickly. In my case, I got my refund about 10 days after receiving the confirmation email from TAS. The July 9th date is basically their internal deadline to give you an update, but your actual refund could come much sooner. I'd definitely recommend keeping an eye on your bank account and maybe checking your transcript online if you can access it. The waiting is the worst part, but you're in good hands with TAS - they really do get results!

Has anyone here actually been audited by the IRS for crypto stuff? I'm in a similar situation and I'm worried that if I report a different number than what's on the 1099, it'll trigger an audit.

I went through something very similar when I transferred my Ethereum from Coinbase to Robinhood last year. The key thing to understand is that the IRS matching system will flag discrepancies between what's reported on 1099s and what you file, but that doesn't automatically mean trouble if you can justify the difference. What I did was create a detailed spreadsheet showing the chain of custody for my crypto - original purchase date, amount paid, transaction hashes for the transfer, and screenshots of both platforms showing the same crypto moving between them. When I filed my return, I used Form 8949 with code B and included a brief statement like "Basis corrected - original purchase documentation available upon request." The most important thing is being able to prove this was truly a transfer and not a sale/repurchase. Keep records showing the same wallet addresses, transaction IDs, and timing. If the amounts and dates line up clearly as a transfer, you're in good shape. I never got audited, but I was prepared with a paper trail that clearly showed no taxable event occurred.

Also want to add that if your parents are helping with a home purchase, they could potentially pay money directly to the mortgage company or seller without it counting against the gift limits at all! Payments made directly to educational institutions or medical providers are exempt from gift tax limits.

One more thing - I'm fairly certain the gift exclusion for 2025 is actually $18,000 per person, not $17,000 like someone mentioned earlier. It was $17,000 in 2023, but it increased to $18,000 for 2024 and 2025 due to inflation adjustments. Just wanted to make sure everyone has the correct numbers!

My case got resolved in 3 weeks but that was back in January when they weren't as swamped

Hang in there! I just went through this process last month. My TAS advocate was assigned in early December and my refund finally hit my account on January 8th - so about 5 weeks total. The key thing is that once TAS gets involved, they actually have the power to push things through that regular customer service can't touch. Make sure to respond to any requests from your advocate ASAP and keep checking your transcript like others mentioned. You're in the home stretch now!

Ok, tax preparer here with some ACTUAL facts: 1. No, people checking accounts doesn't "shut down the system" - that's not how banking works 2. The IRS sends refunds in batches throughout the day 3. Banks typically process ACH deposits in batches (usually 3-5 times daily) 4. Weekends and holidays don't count as processing days 5. Some banks place holds on large deposits If your WMR shows sent, it's almost certainly just regular processing delays. If it's been more than 3 business days, call your bank's ACH department specifically (not just regular customer service).

I'm having the exact same issue with Chase! My deposit date was 3/15 and still nothing as of this morning. I called Chase customer service and they said they don't see any pending ACH deposits from the Treasury Department, which is weird because my Where's My Refund tool shows it was sent yesterday. I'm starting to wonder if there's something wrong with my account info or if Chase is just being slow this year. Going to try calling their ACH department directly like someone suggested above. This waiting game is so stressful!