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The IRS is such a joke these days fr fr. Like how hard is it to process some paperwork? 🤡
facts! they take our money quick enough but make us wait forever to get our refunds back smh
1M
pro tip: next time double check all ur tax docs b4 filing. learned that the hard way last year lol
yeah lesson learned for sure. never making this mistake again
1M
The IRS be playing games with our money fr 🤡
On god they do 😤 like we just want what's ours
1M
Here's my timeline from last year: blank transcript > filled transcript > waited 8 days > got DDD > money 5 days later. Hope this helps!
This is super helpful, thanks for sharing your timeline!
1M
Just switched from Credit Karma to Chime bc of this exact reason! Their early deposit thing is basically fake news tbh
hows chime working out for you? thinking about switching too
1M
way better ngl, actually get my regular deposits early. tax refund still comes whenever the irs feels like it tho lmao
1M
The whole early deposit thing with these fintech banks is basically just marketing. They all do the same thing - release the funds when they get the actual transfer from ACH. Some might be a bit faster at processing but were talking hours not days usually.
I filed my taxes as Single with 4 exemptions and got a refund deposited in my account even though my transcript shows its still processing with a processing date of Feb. 24, 2025. My adjusted gross income was $19,528.00 with taxable income of $4,928.00, and my tax per return shows $0.00. Looking at my transcript more carefully, I can see: EXEMPTIONS: 04 FILING STATUS: Single ADJUSTED GROSS INCOME: $19,528.00 TAXABLE INCOME: $4,928.00 TAX PER RETURN: $0.00 SE TAXABLE INCOME TAXPAYER: $0.00 SE TAXABLE INCOME SPOUSE: $0.00 TOTAL SELF EMPLOYMENT TAX: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2025 PROCESSING DATE Feb. 24, 2025 My transcript shows the following transactions: CODE EXPLANATION OF TRANSACTION - CYCLE - DATE - AMOUNT 150 Tax return filed - 20250604 - 02-24-2025 - $0.00 14211-427-63920-5 766 Credit to your account - 04-15-2025 - -$3,554.00 768 Earned income credit - 04-16-2025 - -$8,830.00 Everyone keeps talking about the PATH act delay but I already got money deposited. Could there be more payments coming? I'm confused because I see transaction code 150 for the tax return filed with cycle 20250604 on 02-24-2025, but then I also see these two separate credit amounts (codes 766 and 768). I had no self-employment income as you can see (SE Taxable Income shows $0.00 for both taxpayer and spouse). With these specific credits showing on my transcript but money already in my account, I'm confused about what might still be processing and if I should expect additional deposits? The transcript says "This Product Contains Sensitive Taxpayer Data" at the bottom, so I'm assuming this is official information from the IRS website (sa.www4.irs.gov).
Did you claim any pandemic credits? Those are getting extra scrutiny rn
nope just regular credits and EIC
27d
My tax person said the systems been glitching and sending partial payments early. Just wait it out
typical irs cant even process returns correctly smh
27d
Im in the same boat... verification is taking forever. This whole system is broken fr
Hang in there fam, we all struggling with these clowns 🤡
1M
Make sure you have a good camera for id.me facial scan. My potato phone kept failing lmaooo
bruh same. had to borrow my sisters iphone to make it work
1M
LPT: never file before PATH lifts unless you want your return stuck in limbo for weeks. learned this the hard way last year smh
This! Early filing with PATH is asking for headaches
1M
My transcripts just updated today! Also 0505 and PATH, filed 1/17. Getting DD on 2/28 🎉
omg gives me hope! What time did yours update?
1M
Around 3am EST. Keep checking yours!
28d
Not sure why you'd want to do this tbh. Joint filing means joint responsibility - you should both be aware of whats being submitted
we trust each other, just trying to make it more convenient
28d
if ur trying to hide income from eachother thats a whole different conversation you need to have 👀
no nothing like that! just trying to save time but I get it now
28d
This PATH audit stuff is getting out of hand fr. They be acting like were all commiting fraud or sumthing 🙄
fr fr the whole system needs an overhaul
1M
Quick protip: make sure you have all documentation ready for your niece (medical records, proof of residency etc). They might not ask but better safe than sorry!
already got everything in a folder! learned that from last years mess up lol
27d
i filed 2/9 and got mine this morning direct deposit chase bank
omg theres hope! im with chase too
1M
yall need to chill its only been like 2 weeks 🤣
easy 2 say when ur not waiting on ur money 🤡
1M
Miguel Ortiz
Call your local taxpayer advocate service! They actually helped me break through the wall of silence
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Zainab Khalil
Check your wage and income transcript for 2020. If theres any income reported, thats probably why theyre asking about 2020
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Giovanni Gallo
how do i check that???
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27d
Zainab Khalil
Go to irs.gov, make an account if you dont have one, then look for wage & income transcript. Or use taxr.ai - it'll tell you everything you need to know about your transcripts
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26d
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