Just FYI - MI Treasury has diff processing times based on whether u verified online or by mail. Online verification = ~2-3 wks. Mail verification = 4-6 wks min. Also matters if u had credits like EITC or property tax credit. Those take longer to process even after verification. Check ur status at michigan.gov/mytaxes for most accurate info.

I went through ID verification for my Michigan state return on February 25th and received my refund on March 12th - so about 15 days total. I did the online verification through the MI Treasury website where I had to answer some personal questions about my credit history and previous addresses. The process itself only took about 10 minutes, and then it was just a waiting game. I checked the status on michigan.gov/mytaxes probably every other day until I saw it switch from "under review" to "refund issued." One thing I noticed is that the refund showed up in my bank account about 2 days after the website showed it was issued. Hope this helps with your planning!

The IRS is a joke this year. My brother still hasn't gotten his 2023 refund and here we are processing 2024 returns 🤡

I'm going through the exact same thing right now! Filed early March, had to verify in person, and my transcript still shows "Return Not Present" after 6 weeks. It's so stressful not knowing what's happening. I've been checking every few days hoping something changes. At least now I know from reading these comments that 3-9 weeks is normal after verification. Still doesn't make the waiting any easier though! Hope we both see movement soon 🤞

Be careful about counting on specific dates. On March 14, 2023, I received the same "10 weeks" estimate after my identity verification. June 1st came and went with nothing. Called on June 8th and was told "it's still processing." Finally received my refund on July 2nd - almost 16 weeks total. The IRS is notoriously optimistic with their timeframes. I'd recommend preparing for delays beyond what they're telling you.

I went through this exact same process last year and can share some real insights! After my ID verification was complete, I actually received my refund in 6 weeks instead of the 10 they quoted me. The key is to check your IRS transcript online regularly - once you see the 846 code appear, your refund will typically hit your account within 2-3 business days if you have direct deposit set up. Pro tip: The IRS tends to batch process refunds on Fridays, so if your transcript updates with the 846 code on a Friday, expect your deposit the following Tuesday or Wednesday. I know the waiting is brutal, but you're in the final stretch! The fact that you got the confirmation letter means you've cleared the biggest hurdle. Also, don't refresh your bank app 27 times a day (I see you! 😄) - check your transcript once a week and your sanity will thank you. Good luck!

Has anyone considered the home office deduction angle? If you're taking a home office deduction already, wouldn't adding office equipment to your home potentially increase that deduction? I'm specifically wondering about the actual sq footage calculations and if new furniture impacts that at all.

Based on my experience as a tax professional, I'd strongly recommend Option B (having the partnership purchase the equipment) in the current tax environment. Here's why: The key issue is that unreimbursed partnership expenses are currently suspended through 2025 under the Tax Cuts and Jobs Act. This means if you buy equipment personally for partnership use, you can't deduct it on your personal return until 2026 at the earliest. When the partnership buys the equipment: - The business gets the full deduction immediately - You can potentially use Section 179 to expense up to $1,080,000 in equipment purchases - You benefit through your ownership percentage without the 2% AGI limitation - The documentation is cleaner for audit purposes The partnership's profitability does matter somewhat - if the business is breaking even, the deduction might not provide immediate tax benefits. However, any unused deductions can typically carry forward, whereas personal purchases give you no current benefit at all. One important consideration: make sure the equipment is used exclusively for business purposes. If there's any personal use, you'll need to pro-rate the deduction accordingly. I'd also suggest documenting the business necessity of each purchase and keeping detailed records of how the equipment is used for partnership activities.

You should get a letter in the mail explaining why they're reviewing it. Usually takes 60-120 days to resolve these holds.

Looking at your transcript, the 570 code is definitely what's holding up your refund. The fact that your W-2 withholding (806) and earned income credit (768) show no amounts is a red flag - the IRS is likely verifying these against what employers and other sources reported. Since you're showing $0 taxable income but claiming a $4,037 refund, they want to make sure your withholdings and EIC are legitimate. This is actually pretty common for Head of Household filers with EIC claims. The good news is your account balance shows -$4,037 which means they've already calculated your potential refund amount. You should receive a CP05 or similar notice explaining what documents they need from you to verify your claims. Once you respond with the requested documentation, they'll usually release the refund within 6-8 weeks.