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idk why everyone so pressed about other ppls money anyway... focus on ur own bag š
periodddd ššš
Facts! We all in the same boat dealing with the IRS. No need to make it harder than it already is.
Heads up - if u just filed recently ur transcript might not be available right away. Takes a few weeks to update in the system
im in the same boat as u OP! the whole process is unnecessarily complicated fr fr
Here's what you need to know about amending with business expenses: - Gather ALL receipts and documentation for expenses - Make sure expenses are actually deductible - Use Schedule C to report business income/expenses - File 1040-X with corrected amounts - Include any missing 1099s - Consider using taxr.ai to analyze your situation first - saved me tons of headache with my amendment - Expect 16-20 week processing time - You may owe penalties/interest on unreported income - File ASAP to minimize penalties
lol irs computers go brrrrr finding those 1099s š¤
GalacticGuru
California's system has been super fast lately tbh. Way better than the feds
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Amara Nnamani
pro tip: direct deposit is WAY faster than paper check. switched last year and got mine in like 10 days
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Yuki Ito
ā¢yep did direct deposit! fingers crossed š¤
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