I completely understand your frustration! I went through the exact same thing with our small condo association last year. The good news is that your situation is actually much simpler than you think - you're just using the wrong form. Based on what you've described (member contributions for shared expenses like water/sewer), your condo trust almost certainly qualifies to file Form 1120-H instead of Form 1041. This form was specifically designed for homeowners associations and small condo associations like yours. Here's why 1120-H would be perfect for you: - Your $9,000 in member contributions would be "exempt function income" (completely tax-free) - The $8,200 water/sewer expenses are fully deductible - The $85 bank fees are also fully deductible - You'd only pay taxes on investment income (which you don't have) at a flat 30% rate To qualify, you need 60% of income from member dues (you're at 100%) and 90% of expenses for property maintenance (water/sewer clearly qualifies). You make the election simply by filing 1120-H instead of 1041 - no separate paperwork needed. This would eliminate all your confusion about where numbers go on the 1041 because the 1120-H is designed specifically for situations like yours. I wish someone had told me this before I spent hours wrestling with trust accounting principles that don't really apply to condo associations!

I've been helping small condo associations with their tax filings for years, and you're absolutely right to feel frustrated - Form 1041 really wasn't designed for simple condo maintenance situations like yours. The consensus in this thread about Form 1120-H is spot on. Your situation is actually a textbook case for Section 528 treatment: 100% of income from member assessments, expenses clearly for property maintenance, and a straightforward two-unit structure. One additional tip that might help: when you do switch to Form 1120-H, keep detailed records of your qualifying expenses. The IRS occasionally audits small associations, and having clear documentation that your expenses are for "exempt function" purposes (like your water/sewer bills) makes everything smooth sailing. Also, don't feel bad about the confusion with TaxAct - most commercial tax software is terrible for HOAs and condo associations because we're such a niche market. The software assumes you're a traditional trust with beneficiaries, complex distributions, etc., when really you're just neighbors sharing utility bills. Make the switch to 1120-H and you'll wonder why anyone ever told small condo associations to file 1041s in the first place!

Anyone else's WMR still saying 'still processing' even after transcript updates?

Those codes are actually a good sign! 571 means they've released any holds on your account, and 290 is typically an adjustment code (often for interest they're adding to your refund). Since your amended return shows "adjusted" status as of Dec 14th, you should see a DDD (846 code) pop up within the next 1-2 transcript update cycles. I had similar codes last year and got my DDD about 10 days later. Keep checking your transcript daily - it usually updates overnight Thursday into Friday, but can happen other days too. You're definitely in the home stretch now!

Anybody else notice how the transcripts usually update overnight on Thursdays/Fridays? might see something tomorrow

Same exact situation here! Filed 1/22 and my transcripts went to all zeros about 3 days ago. The disappearing code 152 freaked me out at first but seems like a lot of us early filers are hitting this stage right now. I'm hoping it means we're close to getting our DDDs since we've been waiting the longest 🤞

Compared to H&R Block's transparency, TurboTax is surprisingly vague about these fees. I found my refund advance info by downloading my complete tax return PDF from my TurboTax account and looking at the very last pages where they include the "Refund Authorization Form." It clearly showed I authorized a $39.99 fee for processing. Much easier than trying to decipher their online account interface or hunting through emails. It's crazy how much harder TurboTax makes this compared to other tax services!

I went through this same frustrating experience! Here's what finally worked for me: Log into your TurboTax account and go to "Tax Tools" then "View/Print Return." Download the complete PDF of your return and scroll all the way to the end - there should be a "Refund Authorization" or "8888" form that shows any fees deducted. Also check for Form 8879 which authorizes electronic filing fees. If you still can't find it, the nuclear option is to call your bank and ask them to pull up the exact transaction details from when you filed - they can usually see the merchant description that will say something like "TURBOTAX REFUND ADV" or "TURBOTAX PROCESSING FEE." This whole process shouldn't be this difficult, but TurboTax definitely doesn't make it easy to track these charges after the fact.

This is why I stopped using Robinhood for crypto completely. They're not actually designed primarily as a crypto platform and their tax reporting for it is terrible. Most dedicated crypto exchanges have much better tracking systems for transfers. For your current situation tho, make sure you're keeping all your transaction receipts and transfer confirmations. The blockchain itself is your friend here since all those transactions are recorded. You might want to consider using dedicated crypto tax software next year that can scan wallet addresses and consolidate everything across platforms.

I work as a tax preparer and see this exact issue multiple times every tax season. What's happening is that Robinhood's system doesn't maintain cost basis tracking when you transfer crypto off their platform - they treat it as a disposal event in their internal accounting. Here's what you need to do: Keep detailed records of your original Bitcoin purchase from Robinhood (date, amount, price per coin, any fees). When you file your taxes, you'll report the actual transaction on Form 8949 using YOUR records, not what Robinhood reports on the 1099-B. On Form 8949, you'll enter the sale with your correct cost basis and use adjustment code "B" to indicate that the basis reported to the IRS was incorrect. Include a brief note like "Cost basis per taxpayer records of original purchase." The key thing to remember is that transferring crypto between wallets you own is NOT a taxable event - it's just moving your property from one location to another. Only the actual sale triggers a tax obligation. Don't let Robinhood's poor record-keeping system trick you into overpaying taxes on gains you didn't actually make.