Just FYI - the WMAR (Where's My Amended Return) tool is pretty useless rn. It'll show "received" forever even when they're actually processing it. If u amended electronically, check ur tax transcript instead - look for TC 971 codes w/ specific action codes. TC 971/290 combo usually means they're working on it. TC 977 means it's been processed. Def don't call IRS unless it's been 20+ wks, they'll just tell u to wait anyway.

Will this affect my current year return? Filed 2023 already. Don't want delays.

what software r u guys using to file? i have a similar situation (first time, low income) and don't wanna pay a lot just to get back like $200.

As someone who went through this exact situation last year, I can confirm what others are saying - you'll likely get back whatever federal tax was withheld from your paychecks (that $143 from Box 2 on your W-2). The key thing to remember is that with only $2,200 in income, you're way below the standard deduction threshold, so you won't owe any federal income tax. Those stories about people getting huge refunds with low income usually involve specific circumstances like having children (Child Tax Credit), being over 25 (EITC), or having education expenses. Don't let anyone pressure you into paying for expensive tax prep services either - with such a straightforward situation, you can easily use one of the free filing options. Your return will be super simple: just report your W-2 income and claim the standard deduction. The whole process should take maybe 30 minutes tops. Also, make sure to file even though your refund is small - you're required to file since you had income, and you want to get that money back that was withheld from your paychecks!

Just FYI - the 709 and 1040 have different addresses to mail them to. I made the mistake of sending them together to the 1040 address and my gift tax return got lost in the shuffle for months. Learned the hard way to send them separately to their correct addresses!

Yes, you can definitely file Form 709 separately from your Form 1040! This is actually a very common approach since Form 709 cannot be e-filed and must be paper-filed with the IRS. Your plan to e-file your 1040 through TurboTax and then mail Form 709 separately is perfectly fine and won't cause any issues. Just make sure to: 1. Send Form 709 to the correct IRS processing center (check the form instructions for the right address based on your state) 2. Keep the same April 15th deadline in mind for both forms 3. Use certified mail or delivery confirmation for Form 709 since it's an important document One thing worth double-checking though - since you mentioned the gift was for college tuition paid directly to the school, you might want to verify whether you actually need to file Form 709 at all. Direct payments to educational institutions for tuition are generally exempt from gift tax reporting under the qualified educational expense exclusion, regardless of the amount. If you paid the school directly (not your nephew), you may not need Form 709. But if you gave the money to your nephew and he paid the school, then yes, you'd need to file the form for any amount over the annual exclusion.

Reading the comments, I'm still confused about one thing. My son's 1098-T shows a big amount in Box 4 ($3270) but nothing in Box 1. If they adjusted a prior year payment, shouldn't that money show up somewhere on this year's form?

Based on what you've described, you're in a pretty straightforward situation. Since you didn't claim any education credits in 2021 and your scholarships exceeded your qualified expenses that year, the Box 4 adjustment of $2,016.12 likely won't require you to amend your previous return. Here's what I'd recommend: First, check your 2021 1098-T to see if that $2,016.12 was included in Box 1 (payments received) that year. If it was, and you didn't use it for education credits because your scholarships already covered everything, then removing it now doesn't change your 2021 tax situation. For your 2022 return, you only need to worry about the $1,425 in Box 5. Since you dropped the classes and presumably didn't have qualifying expenses to offset this scholarship amount, that $1,425 would be taxable income for 2022. The Box 4 adjustment is just the school's way of saying "we reported this payment in the wrong year previously" - but if you weren't getting tax benefits from it anyway, the correction doesn't hurt you.

Just wanted to add another perspective here - I work as a mortgage loan processor and see this situation fairly often. While the IRS stamping service is definitely legitimate and will work, I'd strongly recommend calling your loan officer first to confirm exactly what documentation they'll accept. Some lenders are more flexible than others. We've accepted certified mail receipts, tax preparer acknowledgments, and even electronic filing confirmations in certain cases. It really depends on your lender's underwriting guidelines and how close you are to closing. Also, if you do go the IRS route, make sure to get multiple stamped copies while you're there - sometimes underwriters want additional copies for their files, and it's much easier to get them all at once rather than making another trip later. Given your tight timeline, I'd suggest pursuing multiple options simultaneously - try to get the IRS appointment scheduled while also asking your loan officer about alternatives. Better to have backup plans than risk missing your closing date!

I went through this exact situation about 2 months ago when refinancing my home! The stress you're feeling is totally understandable - I was literally losing sleep over potentially missing my closing deadline because of this paperwork nightmare. Here's what saved me: definitely call your loan officer FIRST before doing anything else. I cannot stress this enough! I spent over a week trying frantically to get an IRS appointment before it occurred to me to ask my lender what alternatives they'd actually accept. Turns out they had several options that were much simpler than the IRS stamping route. My mortgage company ultimately accepted a certified mail receipt. I just mailed my completed 2022 return to the appropriate IRS processing center via USPS certified mail with return receipt requested. That green return receipt card was sufficient proof of filing for my lender - no appointment needed, no time off work, no driving across town to deal with IRS offices. If you do go the certified mail route, make sure to: - Use the correct IRS processing center address for your state (check the "Where to File" tool on IRS.gov) - Ensure your return is completely filled out and signed before mailing - Keep copies of everything you send - The return receipt usually comes back within 3-5 business days The IRS stamping service is definitely still available at Taxpayer Assistance Centers if your lender absolutely requires it, but it's appointment-only now. Call 844-545-5640 early morning (around 7-8 AM) for the best chance of getting through. With three weeks until closing, you actually have plenty of time to explore multiple options! I had less than 10 days and still made it work. Take a deep breath and start with that call to your loan officer tomorrow. You've got this, and congratulations on your first home purchase!