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Does $2800 refund sound right? MFJ, 3 kids, W2 $38.5k + 1099 $22k income

Looking for a sanity check on my expected refund. Family of 5, husband had $1500 withheld from his W2 job making $38500. I did 1099 work making about $22000. Calculator showing around $2800 refund. Just wanted to make sure this sounds right before getting my hopes up.

make sure ur claiming all them expenses on that 1099 income! mileage, home office, supplies n stuff can help offset the SE tax ๐Ÿ’ฏ

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Detailed breakdown: Your household income puts you in prime territory for max EITC. With 3 kids and combined income of ~$60.5k, you're looking at substantial credits. However, you'll owe ~$3,100 in SE tax on 1099 income. After factoring Child Tax Credits, EITC, and SE tax, $2,800 might be low. I'd strongly recommend using taxr.ai (https://taxr.ai) to get an exact calculation - it'll analyze all potential credits and deductions. Just upload your docs and it'll give you a complete picture. Worth the $1 to know exactly where you stand.

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this is the real answer right here! โฌ†๏ธ

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Transcript 'As of Date' Changes - Does Processing Start on This Date?

I noticed something interesting on the transcripts. People with blank transcripts have a processing start date listed as their 'As of date'. Anyone else think this means we'll see movement once we hit that date? Been tracking a few cases and it seems like a pattern.

dont waste ur time tracking the as of date. i got my refund 2 weeks before my as of date last year

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Friendly reminder that checking your transcript 47 times a day wont make it process any faster ๐Ÿ˜‚

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feeling attacked rn ๐Ÿ’€

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we've all been there bestie ๐Ÿ˜ญ

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$13k IRS Refund On Hold With Code 570 - Filed HOH With $27k AGI, EIC & Credits Processed 4/17/23

I filed my 2022 taxes as Head of Household with an AGI of $27,194.00 and taxable income of $7,794.00. According to my account transcript from the IRS, I'm supposed to get a refund of $13,022.00, which includes $5,342.00 in W-2 withholdings, $3,000.00 in credits, and $4,680.00 in Earned Income Credit. Here's what my transcript shows: FORM NUMBER: 1040 TAX PERIOD: Dec. 31, 2022 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: $27,194.00 TAXABLE INCOME: $7,794.00 TAX PER RETURN: $0.00 SE TAXABLE INCOME TAXPAYER: $0.00 SE TAXABLE INCOME SPOUSE: $0.00 TOTAL SELF EMPLOYMENT TAX: $0.00 ACCOUNT BALANCE: -$13,022.00 ACCRUED INTEREST: $0.00 AS OF: Apr. 17, 2023 ACCRUED PENALTY: $0.00 AS OF: Apr. 17, 2023 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -$13,022.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER): Apr. 15, 2023 PROCESSING DATE: Apr. 17, 2023 TRANSACTIONS: CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 20231305 04-17-2023 $0.00 76211-420-00073-3 806 W-2 or 1099 withholding 04-15-2023 -$5,342.00 766 Credit to your account 04-15-2023 -$3,000.00 768 Earned income credit 04-15-2023 -$4,680.00 570 Additional account action pending 04-17-2023 $0.00 Everything was processed on April 17, 2023 (cycle 20231305), but I'm seeing a 570 code (Additional account action pending) on my transcript. My return was filed before the due date of April 15, 2023, and everything seemed to process normally until this 570 code appeared. The transcript shows my account balance is -$13,022.00 with $0.00 in accrued interest and penalties as of April 17, 2023, but I still haven't received my refund. Anyone know what this 570 code means or how long I'll be waiting? This refund amount is really important to me right now and I'm getting worried seeing this pending action code with no explanation.

Check your Where's My Refund tool daily. Sometimes it updates there before the transcript changes

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WMR is useless imo, never shows the real status ๐Ÿคฎ

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Did you claim any pandemic credits? That usually triggers a review

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nah just regular credits and EIC

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846 Code Just Hit Transcript - DDD 2/12/2025 - When Will WMR Update?

Just checked my transcript and saw code 846 with issue date of 2/12/2025! Only other code showing is 806 for tax withholding. Anyone know when WMR typically updates after getting the 846 code?

man y'all lucky...still stuck on delayed message since january smh

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have you checked your transcript for any audit codes? might wanna look into that

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Protip: Most banks like chime and cashapp release funds early when they see the pending deposit. worth checking ur bank app too

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i got regular wells fargo ๐Ÿ˜ญ guess ill wait till the 12th

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Where to find refund amount on IRS transcript - is it the account balance?

Just got my transcript and im super confused about where to find the actual refund amount. There's lots of numbers but I see something called account balance. Is that what I'm supposed to be looking at to know how much im getting back? Don't want to get my hopes up looking at the wrong number.

Been doing my taxes for 20 years and still get confused by these things smh

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Your looking at the wrong thing. The account balance is usually negative and shows what you owe before credits and withholding. Dont get excited about that number!

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ty for saving me from that heartattack ๐Ÿ˜…

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