Can someone explain why the IRS still needs to do these extended shutdowns in 2024?? Like seriously, every other online system manages to do maintenance without going offline for TWO MONTHS. My banking website updates all the time without shutting down for more than an hour. This is ridiculous.

This is really helpful information, thanks for posting! I'm one of those people who somehow let this slip through the cracks this year. I had a major life change (new job, moved states) and completely lost track of my tax deadlines. Quick question for the tax professionals here - if I'm expecting a refund, is there any real downside to waiting until January to e-file versus scrambling to paper file in the next few days? I know there's no penalty for filing late when you're due a refund, but are there any other considerations I should be thinking about? Also, does anyone know if the state tax systems follow the same shutdown schedule as the IRS? I need to file in both my old state (where I worked most of the year) and my new state of residence, so I'm wondering if I'll be dealing with multiple shutdowns.

One option nobody's mentioned yet - there are some standalone readers for CGMs that might be fully FSA eligible. For instance, I know someone who got the LibreLink reader approved through their FSA even though it costs more than just using a phone. If your doctor writes a prescription specifically for the dedicated reader, it should qualify since it's solely for medical use. Might be worth asking about!

Has anyone tried buying an older model iphone specifically for medical use? I wonder if you could make a stronger case if you bought like an iPhone 8 for $200 and ONLY installed the CGM app on it?

Does anyone know if tax software like TurboTax handles Section 1245 property sales correctly? I'm in a similar situation as the original poster but with about $31,000 of equipment I depreciated around $16,000 and need to sell for maybe $9,000-ish.

Just to add another perspective here - I went through this exact scenario last year with some manufacturing equipment. The key thing that helped me understand it was thinking about depreciation recapture as only applying to the "gain" portion of a sale. In your case, you have an adjusted basis of $13,500 ($27,000 original cost minus $13,500 depreciation taken). Since you're selling for $6,700, which is below your adjusted basis, there's literally no gain to recapture. The $6,800 difference ($13,500 - $6,700) becomes an ordinary business loss that you can deduct. Your buddy might be thinking of situations where people sell equipment for more than the depreciated value but less than the original purchase price. That's when you get into partial recapture scenarios. But in a straight loss situation like yours, no recapture applies. Make sure you keep all your depreciation schedules and purchase records handy when you file - you'll need them to properly complete Form 4797 for the asset sale.

I made the EXACT same mistake last year! My reccomendation is to stop make estamated payments immediately if your wireholding will already cover everythibg. Then I'd suggest changing your W-4 to have ZERO taxes taken out for the rest of the year if possible! This is totally legla if you've already met your tax obligation thru withholding + estimated tax payments. I did this last July and had way biger paychecks for the second half of the year which was nice but still ended up with a $8k refund which sucks. Don't try to generate extra income or capital gains to "use up" the credits - that makes no financial sense!

I've been through this exact scenario and it's frustrating to realize you're giving the government an interest-free loan! Here's what I learned from my experience: First, definitely stop your Q3 and Q4 estimated payments since your withholding will already cover your tax liability. The IRS only penalizes underpayment, not overpayment. Second, file a new W-4 with your employer ASAP to reduce your withholding for the remainder of 2025. You can calculate exactly how much to reduce it by taking your expected overpayment and dividing it by the number of remaining pay periods. This puts money back in your pocket now instead of waiting for a refund. Make sure you're still meeting safe harbor requirements - sounds like you already are with your Q1/Q2 payments plus regular withholding. The key is that you need to pay either 90% of this year's tax or 100% of last year's tax (110% if your prior year AGI was over $150K). Don't create artificial capital gains just to "use up" the overpayment - you'd essentially be paying unnecessary taxes. The withholding adjustment is your best bet to recover most of that money throughout the rest of the year rather than waiting until you file in 2026.

To all those having trouble reaching a human at IRS. I just ran across this video that gave me a shortcut to reach a human. Hope it helps! https://youtu.be/_kiP6q8DX5c

Hey Tiffany! Great that you finally got access to your transcripts! The 971 code with a date of 2/21 is likely not related to the transcripts you ordered by phone - that code indicates the IRS issued a notice to you, which could be about various things like verification, corrections, or follow-ups on your return. The 740 code is definitely concerning though - it means your refund was returned to the IRS because it couldn't be delivered to your bank account. Even though you're confident about your account info, sometimes banks reject deposits for various reasons (account closed, name mismatch, etc.). I'd recommend calling the IRS to verify they have the correct banking information on file and to ask about both codes. You should also receive a paper check for that returned refund if you haven't already. The notice from the 971 code should arrive in the mail and will explain what it's about specifically.