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Just got mine! Anyone else checking their Chime every 5 minutes today? Was beginning to think something went wrong with my return, but it finally showed up at 3:42pm EST. Didn't even get a notification until I opened the app. Why is tax season always so stressful? At least it's over for another year!
Same here! Filed with H&R Block on Jan 28th and have been waiting all day. My transcript shows today as DDD but still nothing in my Chime account as of 4:15pm EST. Starting to get worried something went wrong, but reading these comments is reassuring that deposits are still trickling in throughout the day. Going to try to be patient and check again this evening. Thanks for posting this - nice to know I'm not the only one anxiously refreshing my banking app every few minutes!
The WMAR tool is notoriously unreliable for 2023 amended returns. Many taxpayers (myself included) received their refunds while the tool still showed "received" status. If you filed Form 1040-X electronically on June 18, 2023, you should be approaching completion based on current processing timelines. Have you checked if your account transcript shows any TC 971/977 codes? Those indicate amendment processing activity even when WMAR doesn't update.
I'm dealing with a very similar timeline - filed my amended return in late June 2023 as well. From what I've gathered reading through everyone's experiences here, it seems like 7-8 months is becoming the new normal for amended returns, which is frustrating when you're counting on that money. The inconsistency with the WMAR tool is really concerning - it sounds like many people are getting their refunds without any status updates online. I've been checking weekly too and mine still just says "received." One thing I'm wondering - for those who got their refunds after 7+ months, did you receive any notice beforehand or did the check just show up? I'm trying to figure out if I should expect any kind of heads up or if it'll just appear one day. The uncertainty is the worst part of this whole process. Thanks for starting this thread - it's helpful to know others are in the same boat, even though the wait is incredibly frustrating when you need the money for legitimate expenses like moving costs.
I'm in almost the exact same situation! Filed my amended return on June 22, 2023 (just 4 days after you) and still waiting. Based on what everyone's sharing here, it sounds like we're right in that 7-8 month window where refunds are starting to come through. From what I've read in this thread, it seems like most people didn't get any advance notice - the refund check just showed up in the mail one day while their WMAR status was still stuck on "received." That's both reassuring and nerve-wracking at the same time! I've been debating whether to try calling using that Claimyr service that @Andre Dupont mentioned, but honestly after reading everyone s'experiences, it sounds like we might be close enough to resolution that it s'worth waiting another month or two before taking that step. The waiting game is definitely the hardest part, especially when you have expenses you re'counting on that money for. Hang in there - sounds like we should hopefully see movement soon based on the timeline patterns others have shared!
About the commercial insurance question - definitely get commercial coverage. I bought a vehicle through my LLC and initially kept my personal insurance. Had a minor accident and my claim was DENIED because the vehicle was registered to a business entity but only had personal coverage. Had to pay out of pocket for repairs AND still had to switch to commercial insurance after. The premium difference wasn't even that big in my case (about $300/year more), but the coverage is much better for business use.
One thing to keep in mind is the timing of when you can claim the commercial clean vehicle credit. Unlike the personal EV credit which can be taken at the point of sale, the commercial credit (IRC 45W) is only available when you file your business tax return. So if you purchase the PHEV in 2024, you won't be able to claim the $7,500 credit until you file your 2024 business taxes in 2025. This is important for cash flow planning - you'll need to finance the full purchase price upfront and wait for the credit to reduce your tax liability later. Also, since you mentioned this is a single-member LLC with pass-through taxation, make sure you have enough tax liability to fully utilize the credit. The commercial clean vehicle credit is generally non-refundable, so if your total tax liability is less than $7,500, you might not be able to use the full credit (though there may be carryforward provisions - worth checking with your tax preparer).
This is a really important point about timing that I hadn't considered! I was planning to buy the PHEV in December 2024, thinking I could use the credit to help with financing. But if I have to wait until filing my 2024 taxes in early 2025 to actually get the credit, that changes my cash flow planning significantly. Do you know if there's any way to get an advance on the credit like some other business credits allow? And regarding the tax liability requirement - if my LLC doesn't have enough tax liability to use the full $7,500 credit, can it carry forward to future years or is it just lost? Also wondering if estimated tax payments throughout the year can be reduced to account for the expected credit, or if that would cause underpayment penalties.
I'm in a similar situation but haven't mailed my amended return yet. Did you include any kind of note or explanation with your amended return about the Form 8606 error?
Always include a detailed explanation with amended returns. I had to amend because of 8606 issues too. I attached a typed explanation clearly stating what changed and why. My amendment was processed without any issues in about 16 weeks.
Based on everyone's advice here, I feel much more confident about moving forward. I did include a detailed explanation with my amended 1040X about the Form 8606 error - basically explained that I incorrectly reported my traditional IRA conversion and needed to correct the basis calculation. For anyone else dealing with Form 8606 amendments, make sure you're crystal clear about what changed because it affects your basis going forward. Since I'm planning to file my 2023 return soon, I'll use the corrected basis amounts from my amendment even though it hasn't been processed yet. Thanks everyone for the reassurance that I don't need to wait for the amendment to clear!
Amina Diallo
PRO TIP: Try calling right when they open at 7am EST. Still might take a few tries but way better than mid-day π
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Lena MΓΌller
β’gonna try this tmrw, wish me luck!
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Kayla Jacobson
I feel your frustration! The disconnect between "Where's My Amended Return" and your transcript is actually pretty common. The amended return tool and transcript systems don't always sync up in real time. Since your amended return shows as completed on 1/25, but your transcript As Of date is stuck on 1/13, here's what's likely happening: The IRS processed your amended return, but the changes haven't hit your account transcript yet. This can take anywhere from 2-6 weeks after the "completed" date. For the phone situation, try calling the main customer service line (1-800-829-1040) instead of that extension. Ask to speak to someone about your amended return status. The key is calling right when they open at 7am or being persistent with callbacks. You could also try ordering a full account transcript by mail (Form 4506-T) which sometimes shows more recent updates than the online version. Don't panic yet - the system lag is frustrating but normal!
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