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3 This happened to me with Etsy and Paypal! If you're using TurboTax, there's a section where you can report both 1099s but then add an adjustment note explaining that they represent the same income. You'll have to pay self-employment tax either way though - welcome to the creator economy lol
11 Does this work with H&R Block software too? I'm in the same boat but don't use TurboTax.
I went through this exact same situation last year with my YouTube payments! The key thing to remember is that even though you received two 1099s, you're only taxed on the actual income you earned - not the forms themselves. Here's what worked for me: Report both 1099s on your Schedule C (because the IRS gets copies of both), but then make an adjustment entry to subtract out the duplicate amount. Most tax software has a section for "other income adjustments" where you can add a line like "Duplicate income reported - PayPal/TikTok same payments" and enter the overlapping amount as a negative. The $40 difference between your two forms is probably just timing or fees - I'd go with the higher amount to be safe. Also, since this is self-employment income, don't forget you'll owe self-employment tax on top of regular income tax, but you can also deduct business expenses like equipment, software, internet percentage, etc. Keep good records of everything in case of questions later. The IRS sees this double-reporting issue all the time with creators, so as long as your documentation is clear, you should be fine!
What time of day did you call? I've been trying for weeks but always get the "due to high call volume" message and then it hangs up on me š”
This is exactly what happened to me! Filed on February 28th and had absolutely nothing on my transcript for 7 weeks. I was starting to panic thinking my return was lost in the system. Finally called using the phone tree someone posted here (the 1-2-1-3-2 sequence) and got through after about 45 minutes on hold. The agent immediately said "Oh, I see you need identity verification" - like it was obvious to her but there was NO indication of this anywhere on my end. No letter, no codes on transcript, nothing. She verified me right there on the phone asking basic questions about my filing history and personal info. My transcript updated with processing codes within 2 hours and I got my DDD the next day! If you're past the 21-day mark with zero movement, definitely call and specifically ask about identity verification requirements. Don't let them just tell you to "keep waiting" - push for answers about what's actually holding up your return.
I had this happen and finally got through to an agent using claimyr.com (they get you a callback from IRS instead of waiting on hold forever). The agent told me my return was flagged because my W2 information hadn't been received from my employer yet. Once they got that, my return processed quickly. Talking to someone was the only thing that gave me peace of mind during the wait. Worth every penny when you're dealing with refund delays.
100% works. I was skeptical too but was desperate after waiting on hold for 2+ hours and getting disconnected twice. They got me a callback from an IRS agent within a couple hours. Most useful service ever when dealing with the IRS.
I'm going through the exact same thing right now! Filed early February as Head of Household and had the standard 21-day message for weeks. Just checked yesterday and now it says "still being processed" with completely blank transcripts. From what I'm reading here, it sounds like this is unfortunately pretty common this year, especially for HOH filers. The blank transcript seems to indicate they've pulled it for manual review rather than it being lost in the system, which is somewhat reassuring. I'm trying to stay patient but it's really stressful when you're counting on that money. Planning to wait another week or two before trying to call, since it sounds like the hold times are absolutely brutal. Thanks for posting this - at least now I know I'm not alone in dealing with this frustrating situation! Keep us updated if you hear anything or see movement on your transcripts. Fingers crossed we both get some answers soon! š¤
Make sure ur looking at 2024 transcripts not 2023! I spent weeks freaking out b4 I realized I was looking at last years š¤”
omg ty for this! I was on the wrong year š
happens to the best of us bestie š
Don't stress too much! The 971 code with the same date as your 570 is actually a good sign - it usually means they're just doing a routine review or verification. The 971 is like a notice code that explains why the 570 hold was placed. Most of the time these clear up within 1-2 weeks and then you'll see an 846 code when your refund gets released. Keep checking your transcript every few days and you should see movement soon!
Mateo Martinez
Anyone else notice how 846 codes on mondays usually hit different than other days? š
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QuantumQueen
ā¢fr fr monday 846ers always get paid on time no cap šÆ
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Aisha Ali
Congrats on getting the 846 code! That's definitely your refund issued date. Just wanted to add that you should also check if there are any other codes on your transcript like 570 or 571 that might delay things. But if 846 is showing with March 3rd and no hold codes, you're golden! š
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