Bruh its wild how many ppl are waiting. My cousin filed last week and already got his but im still waiting since January lmaooo make it make sense

Been in the exact same situation since filing in January! The amended return dates you're seeing are definitely a glitch - I've seen this happen to others too. The IRS system sometimes shows wrong info when there are processing delays. I'd recommend getting your account transcript from IRS.gov (Get Transcript Online) - it'll show the actual status codes and give you a clearer picture of what's really happening with your return. The Where's My Refund tool is basically useless for complex cases like ours. Hang in there, you're not alone in this mess! 💪

Just wondering, does anyone have experience with using services like Gusto for S corp payroll? I'm considering the switch but worried about the complexity of running payroll for just myself.

I made the S corp switch at around $85K and it's been worth it, but I want to emphasize something that hasn't been mentioned much here: timing your election properly is crucial. If you're thinking about this for next year, remember that Form 2553 (S corp election) generally needs to be filed within 75 days of incorporation OR by March 15th for the tax year you want it to take effect. Miss that deadline and you're stuck waiting until the following year, which could cost you thousands in additional self-employment taxes. Also, don't forget about estimated quarterly taxes once you switch. As an S corp owner, you'll need to make estimated payments on your distributions since there's no withholding on those. I use the safe harbor rule (pay 110% of last year's tax liability) to avoid underpayment penalties, but it requires more cash flow planning than when I was just a sole proprietor. The administrative burden is real, but if you're organized and use good tools (like the Gusto suggestion above), it's manageable. Just make sure you're truly ready for the additional complexity before making the jump.

Does anyone know if the "lookback rule" applies here? I think there's some rule where you can make IRA contributions for the previous year up until the tax filing deadline, but I'm not sure if it affects how you report it on an amended return.

I went through this exact same situation two years ago and totally understand the panic! The good news is that filing an amended return for a missed IRA contribution is really straightforward and won't cause any issues with the IRS. Since you made the contribution before the April deadline for 2023, you're absolutely entitled to claim it. The IRS actually prefers when people voluntarily correct their returns - it shows good faith compliance. A few things that might help ease your anxiety: - This is considered a "taxpayer favorable" amendment since you're likely reducing your taxable income - The IRS processes thousands of these amendments every year for the same reason - You have up to 3 years to file an amended return, so there's no rush or penalty For TurboTax, just log into your account and look for "Amend a Return" - the software will walk you through it step by step. The whole process took me maybe 30 minutes once I had my IRA contribution documentation ready. You'll likely get an additional refund if the contribution was deductible, which is a nice bonus for doing the right thing!

The community wisdom on verification timelines is that 14-28 days is the typical range for direct deposit after successful verification! I'm SO EXCITED to report that the IRS seems to be processing faster this year compared to the disaster that was 2023. Most people in this sub are reporting closer to the 14-21 day range recently. Make sure you're checking both WMR and your transcripts - sometimes one updates before the other!

I completed my ID verification call on March 28th and I'm also waiting for direct deposit. The agent was really thorough - asked about previous addresses, prior year AGI, and some personal details from credit reports. She mentioned the same 4-week timeframe you got. From what I've gathered reading through forums, the key things that seem to affect timeline are: 1) which processing center handles your return, 2) whether you claimed certain credits like EITC or CTC, and 3) if there are any other flags on your account. I've been checking my transcript weekly and haven't seen any movement yet, but based on what others are sharing here, it sounds like most updates happen suddenly rather than gradually. Really hoping we both see movement soon - medical expenses definitely can't wait for bureaucratic delays!

Another approach: if you've already paid enough in Q1 to cover 25% of last year's tax liability, you might already be meeting the safe harbor for Q2 even without an additional payment. The safe harbor rule states you won't face a penalty if you pay at least 100% of last year's tax (or 110% if your AGI was over $150k) in equal quarterly installments.

Fyi for anyone confused about when freelancers actually "receive" income - it's when the money is available to you, not when you invoice or do the work. I learned this the hard way! If client pays you July 2, that's Q3 income even if the work was done in April/May.