Can't reach IRS? Claimyr connects you to a live IRS agent in minutes.
Claimyr is a pay-as-you-go service. We do not charge a recurring subscription.
Using Claimyr will:
- Connect you to a human agent at the IRS
- Skip the long phone menu
- Call the correct department
- Redial until on hold
- Forward a call to your phone with reduced hold time
- Give you free callbacks if the IRS drops your call
If I could give 10 stars I would
If I could give 10 stars I would If I could give 10 stars I would Such an amazing service so needed during the times when EDD almost never picks up Claimyr gets me on the phone with EDD every time without fail faster. A much needed service without Claimyr I would have never received the payment I needed to support me during my postpartum recovery. Thank you so much Claimyr!
Really made a difference
Really made a difference, save me time and energy from going to a local office for making the call.
Worth not wasting your time calling for hours.
Was a bit nervous or untrusting at first, but my calls went thru. First time the wait was a bit long but their customer chat line on their page was helpful and put me at ease that I would receive my call. Today my call dropped because of EDD and Claimyr heard my concern on the same chat and another call was made within the hour.
An incredibly helpful service
An incredibly helpful service! Got me connected to a CA EDD agent without major hassle (outside of EDD's agents dropping calls ā which Claimyr has free protection for). If you need to file a new claim and can't do it online, pay the $ to Claimyr to get the process started. Absolutely worth it!
Consistent,frustration free, quality Service.
Used this service a couple times now. Before I'd call 200 times in less than a weak frustrated as can be. But using claimyr with a couple hours of waiting i was on the line with an representative or on hold. Dropped a couple times but each reconnected not long after and was mission accomplished, thanks to Claimyr.
IT WORKS!! Not a scam!
I tried for weeks to get thru to EDD PFL program with no luck. I gave this a try thinking it may be a scam. OMG! It worked and They got thru within an hour and my claim is going to finally get paid!! I upgraded to the $60 call. Best $60 spent!
Ask the community...
- DO post questions about your issues.
- DO answer questions and support each other.
- DO post tips & tricks to help folks.
- DO NOT post call problems here - there is a support tab at the top for that :)
Join the conversation
Join the conversation
Noah Lee
Something nobody's mentioned yet is that you should request a copy of the partnership agreement if you don't already have it. When you inherited your share, it should have come with documentation about the partnership terms. Some partnership agreements actually restrict distributions and require capital reserves to be built up to certain levels before making distributions. This could explain why you're seeing income on the K-1 but not getting much in distributions. Also, check if there's a partnership meeting you can attend. As a partner, you generally have rights to information about the business operations and financial status. You might discover they're planning major renovations or have other reasons for retaining earnings.
Would the partnership agreement actually help with tax reporting though? I'm in a similar situation and trying to figure out if requesting all this extra documentation is worth the hassle or if I should just hire a CPA.
Noah Lee
ā¢The partnership agreement won't directly help with tax preparation, but it will help you understand if what you're experiencing is normal based on the terms you agreed to. It might reveal that they're required to maintain certain capital reserves or explain the conditions under which distributions are made. Having this information could help you decide whether to keep your interest or try to sell it. Some partnership agreements also specify how tax items should be allocated, which could be relevant if you think the K-1 allocations seem unfair. If the amounts involved are significant, hiring a CPA who specializes in partnerships would definitely be worth considering.
Check out line 19 (distributions) of your K-1 and compare it to line 2 (real estate income). If line 19 is consistently lower than line 2, that means the partnership is retaining earnings rather than distributing them. This is common but can create tax headaches. Also, make sure you're tracking your "basis" in the partnership. Your basis increases when you report income from the K-1 and decreases when you receive distributions. This tracking is SUPER important because: 1) If you ever sell your interest, your basis determines your gain/loss 2) If your basis ever goes to zero, distributions become taxable 3) Certain losses can be limited based on your basis Most tax software doesn't handle basis tracking well, so you might need to maintain a separate spreadsheet or get professional help.
Is there a good template or spreadsheet for tracking partnership basis? My tax person charges extra for this and I'm trying to figure out if I can do it myself.
Join the conversation
3 You definitely need to check your paystubs throughout the year to catch withholding problems before filing time! A good rule of thumb for single filers is that roughly 12-15% of your gross income should go to federal taxes when you make $30k-$40k. So with $36k income, you should have had about $4,300-$5,400 withheld throughout the year. If you only had $105 withheld, that's less than 0.3% of your income! No wonder you owe so much. For the future, always check your first couple paystubs after starting a new job or submitting a new W-4 to make sure the withholding looks reasonable.
18 I never think to check my paystubs for this! Is there a quick way to know if enough is being withheld? I just look at the bottom line deposit amount honestly.
3 Look at the line item for "Federal Withholding" or "Fed W/H" on your paystub. For biweekly pay at $36k/year, you should see roughly $165-$200 withheld for federal taxes each paycheck. If you see $0 or a very small amount (like $5-10), that's a red flag. Some payroll systems also have a "YTD" (year-to-date) column that shows your total withholding so far for the year. By mid-year, a $36k salary should have at least $2,000+ in federal withholding to be on track.
14 This is why our tax system is so messed up! You shouldn't need special tools or services just to pay the right amount. I had a similar issue last year - thought I was doing everything right and still ended up with a huge bill. Has anyone used any good tax software that helps prevent this kind of surprise? I've been using FreeTaxUSA but it doesn't really help with planning for next year.
2 TurboTax has a W-4 withholding calculator that's pretty good. After you file, it analyzes if you're withholding properly for next year. It costs more than FreeTaxUSA though. The IRS also has a free Tax Withholding Estimator on their website that's actually decent. You put in your pay details and filing status, and it tells you exactly how to fill out your W-4. I use it whenever I have a job change or income change: https://www.irs.gov/individuals/tax-withholding-estimator
Join the conversation
I'm a business owner who implemented a CRUT strategy a few years ago. Here's my practical experience: 1) Yes, the charitable remainder is non-negotiable. That's literally why these vehicles exist. 2) What you CAN control: payout rate (higher means more to you, less to charity), term length, and investment strategy within the trust. 3) Consider using a family foundation as the charitable remainder beneficiary. You don't maintain control of the assets personally, but you can direct the foundation's charitable activities into areas you care about. 4) Run a proper NPV (net present value) calculation comparing the tax savings now versus the future value of what goes to charity. In many cases, the math works out favorably even with the charitable component. Good tax planning isn't about avoiding all charitable giving - it's about making informed choices that align with your priorities while legally minimizing tax burden.
Caleb Bell
ā¢Could you elaborate on point 3? I'm not familiar with how a family foundation would work as the charitable beneficiary. Would you still effectively "lose" the money, or can family members somehow benefit from the foundation?
Happy to elaborate. A family foundation is still a legitimate charity - the assets irrevocably leave your personal control and must be used for charitable purposes. However, family members can serve as board members/trustees and direct the foundation's charitable activities. For example, if you care about education, your foundation could fund scholarships or educational programs. You can't use it to directly benefit family members (like paying for your kids' college), but you can focus on causes you care about, potentially hire family members to run it (with reasonable compensation), and create a family legacy through the charitable work. The assets are still permanently devoted to charity, but you have influence over how they're used for charitable purposes.
Has anyone considered using a Charitable Lead Annuity Trust (CLAT) instead? If structured properly, it could potentially allow excess returns above the 7520 rate to eventually return to family members after the charitable term. Might be closer to what OP is looking for.
Rhett Bowman
ā¢CLATs are an interesting alternative worth exploring. With a CLAT, charity gets payments for a specified term, and whatever's left goes to your non-charitable beneficiaries. If investments outperform the IRS assumed rate, you can potentially transfer significant assets to heirs with reduced gift/estate taxes. It doesn't provide the income stream a CRUT does though, so depends on whether OP needs ongoing income or is more focused on eventual wealth transfer.
Join the conversation
ThunderBolt7
I'm a little late to this discussion, but for what it's worth, I had this exact situation a few years ago. When I took my 1099-R with Code J to my tax preparer, she knew exactly what to do. She entered it as a rollover/transfer on Form 1040, which meant it showed up on the tax return but wasn't counted as taxable income. One thing to remember is to keep all your documentation for at least 3 years after filing. Even though the IRS systems usually match these things up correctly, having your merger paperwork and account statements showing the transfer can be important if there's ever a question.
Did your tax preparer need to see the 5498 form, or were they able to process everything with just the 1099-R and the documentation showing the transfer/merger?
ThunderBolt7
ā¢My tax preparer didn't need the 5498 form at all. She was able to process everything correctly with just the 1099-R and my documentation showing the transfer happened because of the merger. She told me that tax preparers are very familiar with this situation and know exactly how to code it properly in the tax software. The 5498 forms are more for record-keeping and verification if the IRS has questions later, but they aren't necessary for preparing and filing an accurate return.
Quick question - does anyone know if TurboTax handles this situation well? I got a similar 1099-R with Code J for a rollover and want to make sure I'm doing it right.
Mei Chen
ā¢I used TurboTax last year for this exact scenario. It definitely handles it, but you need to make sure you answer the questions correctly. When it asks about your 1099-R, there's a specific question about whether you rolled over the distribution into another qualified retirement account. Make sure you say YES to that question, and it'll treat it as non-taxable. It'll also ask you to enter the amount rolled over, which should be the full amount from the 1099-R in your case.
Javier Gomez
If you have your bank statement showing the payment cleared, another option is visiting your local Taxpayer Assistance Center in person. You need to make an appointment first by calling 844-545-5640. They often can pull up your records on the spot and see what happened to your payment. When I had a similar issue, the in-person IRS assistant saw that my estimated payment had been correctly received but was applied to the wrong tax year (they applied it to 2021 instead of 2022). She fixed it right there in the system while I waited!
0 coins
Emma Wilson
ā¢Are appointments at TACs still backed up for months? Last time I tried to make an appointment it was a 3-month wait in my area.
0 coins
Javier Gomez
ā¢It varies by location. My area (mid-sized city in the Midwest) had about a 3-week wait in June. However, they keep some slots open for urgent issues like notices with impending deadlines. When you call, specifically mention you have an IRS notice with a deadline and they may be able to fit you in sooner. They also now have "virtual appointments" in some locations where you can video chat with a representative, which sometimes have shorter wait times than in-person meetings. Worth asking about when you call the appointment line!
0 coins
Malik Thomas
Did you check your IRS online account to see if the payment shows up there? Sometimes the payment posts correctly to your account but doesn't get matched to the return properly. Go to irs.gov and create/login to your online account - you can see all payments received there.
0 coins
Isabella Oliveira
ā¢This is great advice. I had the same issue last year and when I checked my online account, I could see the payment was actually there - it just hadn't been applied to my balance due. Took a screenshot and included it with my response to the IRS, and they fixed it without further hassle.
0 coins