protip: check early morning around 3-4am, thats when they update the system. might see movement then

Filed mine February 15th and still waiting too! Good to know about the 4-6 week delay from the processor above. The Oklahoma Tax Commission website really should be more transparent about these delays instead of just saying "processing" - would save everyone a lot of stress. Hang in there, sounds like we're all in the same boat this year!

Has anyone actually had to go through the amendment process with Form 8962? I'm in the same boat for 2022 and wondering how complicated it is to submit. Do I need to fill out a 1040X too?

I just went through this exact same situation a few months ago! The IRS website can be really confusing to navigate, but Olivia's link should definitely work. One thing I'd add is that if you're having trouble with the direct PDF link, you can also try going to irs.gov and searching for "Form 8962 2022" in their search bar - sometimes that brings up the prior year version more easily than navigating through all the menus. Also, just a heads up - if you're amending your 2022 return because of premium tax credit issues, make sure you have your Form 1095-A handy when you fill out the 8962. The marketplace should have sent you this form, and you'll need the information from it to complete the reconciliation correctly. Good luck getting it sorted out!

Has anyone used TaxJar or Avalara for this? I'm wondering how they count transactions for economic nexus thresholds compared to what everyone's saying here about invoice vs payment.

This is such a timely question for me! I'm actually dealing with the same confusion as I'm setting up my new consulting business. From what I've been reading in the state tax codes, it seems like most states are pretty consistent about counting "transactions" as unique sales events rather than payment events. I found it helpful to think about it this way: if a customer walks into a physical store and buys something for $500 but pays with 3 different credit cards to split the cost, that's still just one sale/transaction from the store's perspective. The economic nexus rules seem to follow the same logic - they're trying to measure your business activity level, not your payment processing volume. That said, I'm definitely going to implement some of the tracking solutions mentioned here because manually keeping track of this across multiple states sounds like a nightmare waiting to happen. Thanks for asking this question - the responses have been super helpful!

Has anyone dealt with Bonfire specifically for mission trip fundraising? Do they automatically check the 501(c)3 box or do you have to select it? Also wondering if they send the 1099 forms directly or if you have to request them?

I'm dealing with something similar right now! My church youth group is doing a mission trip to Honduras this summer and I also set up a Bonfire campaign. From what I've learned talking to other people who've done this, the key thing is that you personally are NOT a 501(c)3 even though your trip is through a church that is. The mistake people make is thinking that because the trip has a charitable purpose, they can claim non-profit status. But the IRS looks at who actually received the money - and that's you as an individual, not the church organization. I've been keeping detailed records of everything - not just receipts but also documentation from my church about the trip's charitable mission, photos from our preparation meetings, and a letter from the youth pastor explaining the service work we'll be doing. This way if I need to show the IRS that the expenses were for legitimate charitable work, I have proof. One thing that helped me understand this better was talking to someone at my church who handles their finances. They explained that if they had run the fundraiser through the church's accounts, it would be different - but since the money came directly to me through Bonfire, I need to report it as income and then document the trip expenses. Hope this helps and good luck with your Guatemala trip!

Make sure when you get this fixed that you also check state taxes! If they reported the higher income to the IRS, they probably did the same on state returns. My tax guy made a similar mistake and I focused so much on fixing the federal return that I completely forgot about state taxes until months later.

This is exactly why I always recommend doing a quick sanity check on your tax return before signing off on it. A $36,000 difference in income should have been caught immediately - that's a massive red flag that any competent preparer should have noticed. Beyond getting your money back from the preparer, make sure you're documenting everything for potential future issues. Keep copies of all communications with them, the original incorrect return, the corrected return, and any receipts for additional costs you incurred. If they refuse to make this right, you might want to check if they're enrolled with the IRS (you can search their database) and file a complaint if they are. Also, consider leaving detailed reviews on Google, Yelp, and the Better Business Bureau once this is resolved. Other taxpayers deserve to know about this level of carelessness. A simple data entry error that costs someone $11,000 is not acceptable professional service.