


Ask the community...
Has anyone actually qualified for an Offer in Compromise? I've heard that's the program where you can settle for less than you owe, but I'm not sure what the requirements are or if it's worth pursuing?
The IRS has a pre-qualifier tool for OIC eligibility on their website. It uses RCP (Reasonable Collection Potential) calculations to determine if you qualify. You need to demonstrate financial hardship through asset equity, income, and necessary living expenses. The acceptance rate for OICs is approximately 40.3% according to the latest IRS data.
Did you know that less than 1% of taxpayers with debt actually qualify for significant reductions through Offers in Compromise? The IRS approved only about 25,000 OICs last year out of millions of tax debts. Wouldn't it be better to focus on payment plans that are almost guaranteed approval instead of spending months on paperwork that will likely be rejected?
The IRS has several legitimate relief options that don't require paying a third party: 1. Installment Agreement - Per IRC ยง 6159, you can set up monthly payments 2. Currently Not Collectible status - If you can prove financial hardship 3. Penalty Abatement - First-time penalty abatement is available to many taxpayers 4. Offer in Compromise - Settle for less if you qualify (rare) Call the IRS directly at 800-829-1040 or use the online payment agreement application. No need for expensive middlemen.
I had the exact same experience this year! Filed February 5th, accepted February 6th, and then... nothing. Just that one bar on WMR for weeks. Isn't it frustrating when you see others who filed after you already receiving their refunds? I finally got my deposit date yesterday - a full 46 days after filing. The IRS seems to be processing returns in batches rather than first-come-first-served this year. Your patience will be rewarded, I promise.
OMG this is so frustrating!!! ๐ก I'm in the EXACT same boat! Filed 2/09, accepted 2/15, and STILL stuck on one bar! My coworker filed AFTER me and got her refund TWO WEEKS AGO! I'm worried this means there's a problem with my return or that I'm being audited or something. Has anyone had this happen and then suddenly got their refund without any issues? I'm starting to panic because I need this money for my daughter's braces appointment next month!
I'm still waiting on mine from March 20th. Called the IRS three times and couldn't get through their phone tree. Finally used Claimyr (https://youtu.be/_kiP6q8DX5c) and got connected to an agent in about 15 minutes yesterday. Found out my return had a minor verification hold that's now cleared. The agent said I should see my DD within 7 days. Worth the call just for peace of mind!
That's good to know! I was lucky this time but I've definitely had years where I was stuck on hold forever. I'll remember Claimyr for next year if I run into issues.
Yeah, it's a game changer honestly. I wasted hours trying to get through on my own before discovering it. The agent I spoke with was super helpful and actually explained exactly what was happening with my return.
Why would a tax preparation service route your refund through a third-party bank without clear disclosure? It's simple: fee harvesting and float income. These services create a complex web of financial relationships that benefit from delayed processing. Have you examined Form 8888 on your return? If you didn't specifically authorize a split refund but your tax preparer added one, that's a reportable violation. The most effective resolution path is to demand written confirmation of the exact routing of your funds from both the tax preparation service and their banking partner - most will resolve it quickly rather than provide this documentation.
OMG this happened to me too! Called the tax place yesterday and got the real story. Apparently they use SBTPG (Santa Barbara Tax Products Group) to process ALL refunds where you paid fees from your refund. Your $ goes IRS โ SBTPG โ your bank. But there's a huge backlog rn and they're taking 5-7 biz days to process instead of the normal 24hrs. Check your tax software account online - there should be a refund status page that shows if it's still at SBTPG. Mine finally hit my acct this AM after being stuck for 6 days!
Aaliyah Reed
I had exactly the same issue 32 days ago! Someone had the same last 4 of my SSN and their income was showing on my transcript. I called the IRS exactly 7 times before getting through. The agent confirmed it was a reporting error where an employer had transposed 2 digits in someone else's SSN. They filed a correction form and my transcript updated exactly 14 days later. My refund was processed 3 days after that. The 971 code was just generating a letter explaining the situation - nothing to worry about!
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Ella Russell
โขWell that's a relief! Nothing like discovering someone else's income on your tax account to give you a mini heart attack. ๐ Thanks for sharing your timeline - gives me hope this won't drag on forever.
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Mohammed Khan
โขThis process is like trying to untangle Christmas lights - frustrating but solvable with patience. Could you elaborate on which specific correction form the IRS agent filed? Was it internal only or did you need to sign anything?
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Gavin King
This happened to me last year. It was identity theft. Don't wait. Call the IRS immediately. My refund was delayed for 4 months while they sorted it out. The 971 code means they're sending you a letter - in my case it was asking me to verify my identity. You should also check your credit reports right now and freeze your credit. The IRS will likely tell you to file Form 14039.
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