Welcome to the US tax system! As someone who's helped many international newcomers navigate this, I can assure you that your timeline is completely normal. The 570 code appearing after verification is actually a good sign - it means the IRS has processed your identity confirmation and is now continuing with your return. The fact that it updated so quickly (within 3 days of verification) suggests your case is moving through the system efficiently. Most people see resolution within 2-3 weeks after the 570 appears. The letter you received was likely just the standard verification notice, and the timing with your transcript update is exactly what we'd expect to see. Keep monitoring your transcript weekly, and you should see either a refund date or a 571 code (which releases the hold) soon.

Yes i i am goingthrough the same thing Transcript Updated After Verification - 570

Something no one mentioned - if you're claiming the land as an investment property, you should be able to document your investment intent. If the IRS ever questions this, they might ask what steps you took to either generate income from the property or what specific appreciation you were expecting. Just buying land and doing nothing with it can sometimes raise questions if you're taking deductions.

One thing to keep in mind with vacant land investments is the concept of "holding period" for tax purposes. Since you mentioned you're considering building on it eventually for personal use, you'll want to be very clear about when that transition happens. The IRS looks at your primary intent at the time of purchase and your ongoing actions. If you originally bought it as an investment (which sounds like your case), you can generally continue treating it that way until you take concrete steps toward personal use - like applying for building permits, hiring contractors, or starting construction. Also, don't forget that if you do any improvements to the land while it's still an investment property (like clearing, grading, utilities hookups), those costs can be added to your basis, which will help reduce any taxable gain when you eventually sell or convert it. Keep detailed records of all expenses related to the property during its investment phase.

I've been dealing with RSUs for years and the most important thing is keeping good records! The 1099-B often has the wrong cost basis for RSUs, so I always create my own spreadsheet tracking: 1) Vest date 2) Number of shares vested 3) FMV per share on vest date 4) Number of shares sold for taxes 5) Sale price for tax shares 6) Remaining shares and their cost basis For your situation, your cost basis for each of the 137 shares you kept is $241.50. When you eventually sell these shares, you'll pay capital gains tax only on the difference between your sale price and $241.50. As for the shares sold for taxes, you have a small capital loss because they sold at $238.75 instead of $241.50. Make sure you report that correctly to get the tax benefit!

I went through this exact same situation with my company's RSUs last year! The key thing to understand is that your 1099-B is only showing the transaction for the 83 shares that were sold to cover taxes, not all 220 shares that vested. Here's what's happening: When your 220 RSUs vested in August 2024, the full $53,130 ($241.50 × 220) was added to your W-2 as ordinary income and you were taxed on it. Your company then sold 83 shares at $238.75 each to cover the $19,810.50 in taxes. The 1099-B shows this sale of 83 shares, with proceeds of $19,810.50 and a cost basis of $20,025.25. The cost basis being slightly higher than the proceeds means you actually have a small capital loss of about $214.75 on those shares sold for taxes. For the 137 shares you kept, your cost basis is $241.50 per share (the FMV at vesting). These shares don't appear on any 1099-B until you actually sell them. When filing your taxes, you'll need to report the 1099-B transaction but make sure to indicate that the compensation element was already included in your W-2 to avoid double taxation. Most tax software will handle this automatically when you enter both your W-2 and 1099-B information. The fact that your brokerage doesn't have additional documentation is unfortunately normal - the 1099-B is all they're required to provide.

The residential clean energy credit is non-refundable right? So if your tax liability is already zero after other credits, does this even matter? Or am i understanding it wrong?

I just went through this exact same nightmare with Form 5695 last week! The circular reference between the worksheets is absolutely maddening. What finally worked for me was ignoring the instructions temporarily and calculating everything in this order: 1. First, calculate your gross Residential Clean Energy Credit on Form 5695 lines 1-13 without any limitations 2. Use that preliminary amount when you get to the worksheets that ask for it 3. Complete all the limitation calculations 4. Go back and apply the final limitation to your Form 5695 The key insight is that the "amount from Residential Clean Energy Credit" they're asking for in the worksheets is meant to be your preliminary/gross amount, not your final limited amount. The IRS instructions make this sound circular, but it's really an iterative process. I also found it helpful to use scratch paper to track my preliminary vs. final amounts so I didn't get confused about which number to use where. The whole system is poorly designed, but once you understand the sequence it does work out.

Has anyone dealt with this situation using TaxSlayer? I'm having the exact same Roth IRA withdrawal issue but I can't find where to enter my contribution information to offset the 1099-R. The software keeps treating my entire withdrawal as taxable.

I went through this exact situation last year and it's definitely stressful! The good news is that you're absolutely right - Roth IRA withdrawals of contributions should be tax-free. The key issue is that your tax software doesn't automatically know how much of your withdrawal was contributions versus earnings. Here's what worked for me: First, make sure you have Form 8606 Part III completed correctly. You'll need to track down your total Roth contributions from all years - this becomes your "basis." Since you contributed $15,000 total and withdrew $13,200, your entire withdrawal should be considered a return of contributions and therefore not taxable. In FreeTaxHelper, look for a section on "Retirement Account Distributions" or specifically "Form 8606." You might need to manually override what the software is calculating based on just the 1099-R. Don't panic about that $3,800 tax bill - once you properly account for your contribution basis, it should drop significantly or disappear entirely. Keep good records of all your contributions going forward, as you'll need this information for any future withdrawals. The 5498 forms are indeed just informational, but they're invaluable for tracking your basis over time.