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Ask the community...

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Don't forget to check if your investment losses triggered an AMT calculation! πŸ˜‚ The IRS loves to flag those for manual review. Seriously though, Topic 152 is actually a GOOD sign - it means your return is in normal processing and a refund is expected. If you had a serious problem, you'd see a different code. The transcript access issues could be completely unrelated - their system has been having capacity problems this tax season. If you do call, have all your investment documentation ready - especially if you had wash sales or complex transactions. The first level reps might not understand investment tax issues and you might need to ask for a tax law specialist.

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Amara Torres

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I had a similar situation with investment losses last year. I would suggest being very careful about how you present your case to the IRS agent. When I called, I first explained that I was checking on processing status, not disputing anything. This seemed to make the agent more willing to help. They were able to see that my return was flagged for review due to the investment losses exceeding certain thresholds. It took about 6 weeks total, but the refund was eventually processed correctly without any amendments needed.

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Tbh the phone is the worst way to contact them rn. Try the IRS2Go app if u haven't already. Sometimes shows diff info than the website. Also check ur mail carefully - they might've sent a 5071C letter for ID verification. If u filed w/ a tax pro, have them call the practitioner priority line. Much faster than regular customer service. GL w/ the investment stuff, the IRS is super backed up w/ those this yr.

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Ezra Beard

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I went through this last year and the year before. What helped me was setting up direct deposit verification alerts with my bank. This way I didn't have to obsessively check WMR - my bank would text me the moment the deposit hit. I've seen returns come through as quick as 10 days and as long as 8 weeks. The variance is surprising! I never expected tax returns to be so complicated until I started following this subreddit. The waiting game is the worst part.

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Have you verified whether your return included any credits subject to additional review under the PATH Act? Also, did you receive any CP05 notices or see any TC 570/971 combination codes on your transcript? The specific delay factors can often be identified through transcript analysis if you have access to your account.

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James Johnson

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FINALLY some good news on this sub!!! I've been stuck in processing hell for 42 days now and was starting to lose my mind! 😫 So frustrating that the IRS can't just be transparent about these delays! Why do they make us guess what's happening?! Your post gives me hope that maybe, just MAYBE, I'll see movement soon too. This waiting game is absolutely BRUTAL when you're counting on that money!

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Did you have any credits on your return? Last year I had a similar timeline but I claimed the Child Tax Credit. The year before that I had a simple return with no credits and it processed in just 14 days. I'm wondering if the tax topic disappearing is specifically related to certain credits being verified.

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GalaxyGazer

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I filed with TurboTax Free on February 3rd and got my refund on February 18th. Here's what I did step-by-step: 1. Filed electronically using TurboTax Free 2. Verified my return was accepted (not just submitted) 3. Checked WMR every 2-3 days 4. Saw the progress bar move to approved on day 12 5. Received direct deposit on day 15 I was surprised by how many verification steps the IRS seemed to add this year! My return was super simple too - just W-2 income, standard deduction, no credits.

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Oliver Wagner

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I filed on January 29, 2024 using TurboTax Free and received my refund on February 12, 2024 - exactly 14 days later. My friend filed on February 15, 2024 with the paid version and is still waiting. I don't think the free vs. paid version makes any difference in processing time. The IRS doesn't even know which version you used since the data format is identical.

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NGL I've been stuck in IRS limbo for weeks now and finally got fed up w/ the constant busy signals. Used Claimyr (https://youtu.be/_kiP6q8DX5c) to get thru to an actual human at the IRS yesterday. Took like 20 mins instead of the 3+ hrs I wasted last week trying to call myself. Agent confirmed my return was just in normal processing queue but flagged for a quick review bc of a math error they fixed. Tbh kinda worried still but at least I know what's happening now instead of just staring at that stupid bar not moving.

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Did the agent mention anything about manual review? I was in a similar situation last year and thought everything was fine, but my return actually got pulled for manual review which added 8 weeks to processing! Have you checked if you have any letters in the mail from the IRS? Sometimes they send verification requests that don't show up in the online portal right away. What about your state refund - has that processed yet? Sometimes state delays can indicate federal issues too.

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