I totally get the anxiety around these changing dates! I went through something similar last year and it drove me crazy checking my transcript every day. The backward date movement from 11/25 to 10/07 with code 290 actually suggests they're actively reviewing and adjusting your account - which is progress, even if it doesn't feel like it! With amended returns, the IRS takes forever (up to 16 weeks is their official timeline but can be longer). The fact that you're seeing activity means you're not forgotten in the system. I know it's hard, but try to give it another 2-3 weeks before calling. In my experience, once you start seeing these date fluctuations, a resolution usually follows within a month. Stay strong! 🙏

I'm going through something very similar right now! My transcript has been doing these weird date jumps too and it's been driving me absolutely crazy. I filed my amended return back in April and have been watching these dates bounce around like a ping pong ball 😵‍💫 From what I've learned lurking in this community, the backwards date movement usually means they're actively working on your case rather than it just sitting there collecting dust. Code 290 can be nerve-wracking but it's often just them making adjustments - not necessarily bad ones! The waiting is the absolute worst part though. I've been checking my transcript like 5 times a day and it's not healthy lol. But seeing all these stories from people who eventually got their refunds after similar date changes gives me hope. We just gotta hang in there and trust the process, even though the IRS timeline feels like it's measured in geological epochs 😅 Sending you good vibes that you see a DDD soon! 🤞

This is such valuable information! I'm dealing with a similar situation with multiple unfiled returns from 2016-2019. One thing I learned from my tax preparer is that you should also check if you had any federal tax withholdings or estimated tax payments for those years. Even if you can't get a refund anymore, those payments can sometimes be applied to current tax liabilities or future years. Also, for anyone worried about the complexity of filing old returns, the IRS still accepts the tax forms from those years. You don't have to use current year forms - you can download the 2017 Form 1040 and instructions from the IRS website archives. This makes it much easier since the tax laws and forms were different back then. The peace of mind from getting these filed is worth it, even without the refund potential. No more worrying about that unfiled return hanging over your head!

I just want to emphasize something that might not be obvious from all the technical statute discussion - even if you're past the refund deadline, filing your old return can actually save you money in the long run if the IRS decides to prepare a substitute return for you. When the IRS creates a substitute return (called an SFR - Substitute for Return), they only include income reported to them and give you the standard deduction with no itemized deductions or credits. This usually results in a much higher tax liability than if you filed yourself. I had a friend who ignored his 2016 return thinking "what's the point if I can't get my refund?" The IRS eventually filed an SFR showing he owed $8,000. When he finally filed his actual return, it turned out he only owed $1,200 because he had legitimate deductions the IRS didn't account for. Filing late saved him almost $7,000! So even though Giovanni can't get his 2017 refund anymore, filing that return could protect him from a much worse outcome down the road.

idk why but navy fed has been slower than usual this year with irs deposits ngl

Navy Fed is usually pretty reliable! I've been banking with them for 3 years and they consistently deposit my refunds 1-2 days before the DDD. Since your transcript shows 3/20, I'd expect to see it hit your account by tomorrow morning (3/19) or even tonight after midnight. They typically process overnight around 2-3am EST. Hang in there!

My buddy got audited last year because of sports betting. He won around $4.5k total but the IRS notification made it look like he won $22k because it didn't account for his losses! The sportsbooks report your WINS to the IRS but don't report your LOSSES. So you might get a letter saying you underreported income even if you properly reported your net winnings. Keep ALL your records, especially if you're using multiple betting platforms. The $600 is just the beginning of the headache lol.

This is exactly the kind of situation that trips up new sports bettors! The $600 threshold is just when the platform has to report your winnings to the IRS - it doesn't mean they start withholding taxes automatically. You'll still be responsible for paying taxes on your net gambling income when you file. Since you're planning to stay under $6k total, you probably won't have withholding unless you hit a single large win (usually $5k+). My advice: start tracking everything now in a simple spreadsheet - date, platform, bet amount, win/loss amount. Download your betting history from each app monthly and save it. When tax time comes, you'll report your total winnings as income, and if you itemize deductions, you can deduct losses up to your winnings amount. The key thing people miss is that ALL gambling income is taxable from dollar one, not just after $600. That threshold is purely about reporting requirements, not tax liability. Keep good records and you'll be fine!

One thing I haven't seen mentioned is how the tax treaties between the US and Canada might impact your situation. As a Canadian citizen who's a US tax resident, you might be eligible for certain protections under the US-Canada tax treaty. However, tax treaties generally don't help much with offshore structures in places like the Cayman Islands. In fact, these structures often trigger anti-avoidance provisions in tax laws. My biggest concern would be that this arrangement could potentially be viewed as a tax avoidance scheme by the IRS, especially given the lack of substantial business operations in the offshore jurisdiction. The IRS has become extremely aggressive in pursuing offshore accounts in recent years.

I want to emphasize something that hasn't been fully addressed - the potential criminal penalties for willful failure to report foreign accounts. As someone who went through an offshore voluntary disclosure program, I can tell you the stakes are much higher than just paying additional taxes. The willful failure to file FBAR can result in penalties of up to 50% of the account balance PER YEAR, and in extreme cases, criminal prosecution. Given that you're talking about potentially substantial trading profits, these penalties could be devastating. Also, consider that the IRS has extensive data sharing agreements with financial institutions worldwide. Interactive Brokers, for example, reports account information to the IRS under FATCA requirements, regardless of where your account is domiciled. The idea that offshore accounts provide privacy from the US tax authorities is largely a myth in 2025. My strong recommendation would be to consult with both a US tax attorney specializing in international taxation AND a Canadian tax professional familiar with US treaty provisions before moving forward. The cost of proper planning upfront is minimal compared to the potential penalties and legal fees if this goes wrong.