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I've seen this exact scenario dozens of times in past tax seasons. The reduction is almost certainly an offset for some debt you may not even know about. Last year when this happened to me, I tried calling IRS directly for three days straight and couldn't get through. I finally used Claimyr (https://youtu.be/_kiP6q8DX5c) and got connected to an agent in 45 minutes who explained everything. They confirmed it was a student loan offset I wasn't aware of and helped me understand the appeal process. Definitely worth it instead of waiting on hold for hours.
Be extremely careful with this situation. According to Treasury Regulation ยง301.6402-6, you have only 60 days to contest an offset from the date of the notice (not from when you discovered the reduced refund). I failed to act quickly enough last year and lost my appeal rights. The BFS (Bureau of Fiscal Service) is very strict about deadlines even if you never received the notice. Document everything, including when you first discovered the reduced amount.
Check Publication 501. It explains dependency tests. Keep good records. Document who paid what. Save receipts for major expenses. Have your partner save proof too. Better safe than sorry. The support test is what matters most here.
Just to clarify something important - are you and your partner legally married? Because that would change everything about this situation. If you're married, you cannot be claimed as a dependent by your spouse - you'd need to file either jointly or married filing separately. But if you're not legally married and just partners/roommates, then all the dependency tests others mentioned would apply. Can you clarify your relationship status for more accurate advice?
After experiencing this exact situation, I attempted to contact the IRS through normal channels for 3 weeks with no success. Their Taxpayer Assistance Centers were booked solid. I utilized Claimyr (https://claimyr.com) to secure a direct connection with an IRS agent. The representative confirmed my CTC for my 2023 newborn was in secondary processing and provided a Transaction Code 290 timeframe for resolution. The call expedited my case and my additional CTC was deposited 9 days later.
According to the IRS.gov forums and r/tax discussions I've been following, many parents are seeing a 4-6 week delay specifically for 2023 newborns. I'm really concerned because my mortgage payment is due soon and I was counting on this money. Has anyone received their additional CTC payment recently? The IRS2Go app isn't showing any updates for me.
Be careful about articles claiming there are new stimulus payments! I saw one that made me think I qualified for a new payment, but when I actually read it, they were just talking about regular tax credits that have existed for years. I spent hours researching only to find out it was misleading clickbait. I've checked the official IRS.gov website and there's nothing about new stimulus payments for 2024. Don't make financial plans assuming you'll get one!
The community consensus seems clear: there are NO new stimulus payments for 2024. What we do have are the standard tax credits that have been part of the tax code for years. As independent contractors, we should focus on maximizing our business deductions and looking into credits we might qualify for like the Earned Income Credit if your income falls within certain thresholds. Much better to plan based on what actually exists rather than hoping for a stimulus that isn't coming!
Sean Fitzgerald
I had this exact situation last tax season. Here's what worked for me: โข Created an IRS online account โข Downloaded both the Return Transcript and Record of Account โข Sent both to my lender โข Explained that my preparer was unresponsive โข Signed an affidavit confirming the transcript matched my return Most lenders have a process for this exact situation. They deal with it all the time.
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Zara Khan
โขCan you clarify what the affidavit looked like? Did your lender provide the form or did you have to create one?
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MoonlightSonata
โขWhen I was in this situation, my credit union actually had their own form ready to go. They called it a "Transcript Verification Statement" and I just had to sign it confirming the information matched what was on my filed return.
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Mateo Gonzalez
I actually went through this nightmare scenario last summer! My tax guy suddenly closed his practice and I needed my returns for a business loan. I spent hours researching and found that creating an IRS online account was the fastest solution. The verification process was frustrating though - they kept rejecting my mobile phone for the verification step because it was a business line. Finally got in using my personal cell instead. The transcripts worked for my lender, but they initially pushed back saying they needed the "actual return" until I showed them that the transcripts came directly from the IRS.
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Nia Williams
โขDid you have to provide any additional documentation along with the transcripts to satisfy your lender? My mortgage broker is being really strict about needing the "full tax return with all schedules.
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