Ur lucky it's that consistent. I've been waiting 11 months for my 2022 refund and the dates keep changing every week 🤡

That's a really interesting observation! I've noticed similar patterns in my own refunds - usually 3-4 business days after the processing date shows up on my transcript. The consistency is actually kind of reassuring once you know what to expect. With Presidents Day tomorrow though, you're probably right that it might throw off the usual timing. Banks don't process ACH transfers on federal holidays, so that could easily push your deposit to Thursday or Friday instead of the usual 3-day mark.

IMPORTANT: Keep in mind the 1099-C should be issued for the year the debt was actually cancelled, not when they decided to send you the form. I had a creditor send me a 1099-C for debt they forgave two years earlier, and it caused all kinds of problems. If the forgiveness happened in a previous tax year, you might need to file an amended return for that year instead of including it on this year's taxes.

Just to add another perspective - if you do end up owing taxes on the forgiven debt and can't pay it all at once, the IRS offers payment plans. I had a similar situation where I owed about $1,800 on forgiven debt that I couldn't exclude, and I was able to set up an installment agreement online for $150/month. There's a setup fee (around $31 for online agreements), but it beats trying to come up with a lump sum you don't have. The key is to file your return on time even if you can't pay - the failure-to-file penalty is much worse than the failure-to-pay penalty.

Something no one has mentioned yet - remember that for 2025 taxes you need to itemize deductions to claim charitable donations. The standard deduction is pretty high now ($13,850 for single, $27,700 for married filing jointly in 2025), so unless your total itemized deductions (state/local taxes, mortgage interest, charitable donations, etc.) exceed your standard deduction, you won't get any tax benefit from the donation.

Just to add another perspective - if you're unsure about the valuation, you might also consider getting a brief written opinion from a local appliance dealer about what a similar new-in-box oven would sell for. Since yours was brand new and unused, this could provide additional documentation to support your $1,870 valuation. I've seen situations where having a third-party opinion (even an informal one) really helped during an audit. You could call a few appliance stores, explain the situation, and ask what they think a comparable model would retail for. Most dealers are pretty helpful with these kinds of questions, and it gives you another data point to justify your deduction amount. Also worth noting - make sure to take photos of the oven before donation, including any model numbers, serial numbers, and those original price tags. Visual documentation can be really valuable if questions come up later.

heres wat i learned after 20 years of taxes: Federal = 2-3 weeks. State = 4-12 weeks. thats just how it is man.

I'm also in Colorado and had a similar experience this year! Filed in early April and my federal refund came in about 10 days, but I'm still waiting on my state refund too. It's been about 6 weeks now. From what I've learned, Colorado's Department of Revenue is just really backed up this year. Their processing times have been longer than usual due to staffing issues and some system updates they did over the winter. The 8-week timeframe that Grace mentioned is pretty accurate - I called them last week and they confirmed my return is still within normal processing time. Hang in there, it should come through soon!

I think we've all been through the SBTPG waiting game at some point! From what I've seen in this community over the years, it seems like their system usually updates within about 48 hours of your transcript showing the 846 code, but sometimes it can take a bit longer, especially if your DDD falls around a weekend. I wouldn't worry too much yet - having both WMR and your transcript showing the same DDD is usually a pretty reliable sign that everything is on track! 😊

This is totally normal! I went through the exact same thing last year. SBTPG's system is notoriously slow to update their public-facing tracker, even when they've already received your refund from the IRS. Since you have both WMR and your transcript showing the 846 code for 2/26, your refund is definitely processed and on its way. SBTPG typically updates their system 1-3 days after the IRS releases funds, so I'd expect to see it show up there by 2/24 or 2/25 at the latest. The fact that you got a DDD so quickly is actually awesome - enjoy that fast processing! Your money should hit your account right on schedule even if SBTPG's tracker doesn't update until the last minute.