I'm going through this exact same thing right now! My "As Of" date just changed from May 3 to May 17 yesterday morning and I've been refreshing my transcript constantly trying to decode what it means. Filed in late January and still waiting on my refund - the anxiety is through the roof when you're depending on that money for car payments and other bills. This entire thread has been such a godsend though! It's incredible to see how many early filers are experiencing identical situations with these date changes. I was starting to panic that my return got flagged for review or something worse, but reading everyone's experiences makes it clear that these "As Of" date shifts are actually pretty normal during processing this year. I've definitely been that person obsessively checking my transcript multiple times throughout the day (probably not healthy 😅) but now I understand I should focus on watching for those specific transaction codes everyone keeps mentioning - 570, 571, and especially that holy grail 846 code. The waiting game is absolutely brutal when you've been budgeting around that refund for months, but seeing so many people in the same boat makes it feel less isolating. Based on the success stories here, it sounds like these date changes might actually be good news that the IRS is actively working on our accounts! Fingers crossed we all see some real movement soon 🤞

I'm in the exact same situation! My "As Of" date just changed from May 8 to May 22 this morning and I've been checking my transcript obsessively trying to figure out what it means. Filed in February too and still waiting - the stress is so real when you're counting on that money for bills. Reading through all these comments has been incredibly reassuring though! It's wild to see how many February filers are going through identical experiences. I was starting to think my return got lost somewhere, but it sounds like these date changes are actually pretty normal and might even mean they're actively working on our accounts. I've definitely been that person refreshing my transcript way too many times a day 😅 but now I know to watch for those specific codes like 570, 571, and especially 846 instead of just panicking over date changes. The waiting is brutal but knowing we're all in this together helps! Hopefully we'll see some real movement soon 🤞

This thread has been incredibly helpful - I'm dealing with a similar situation for my mother who has severe rheumatoid arthritis. Her rheumatologist has recommended hydrotherapy, and we're exploring the home pool option since the nearest medical facility with a therapy pool is over 60 miles away. One additional consideration I wanted to mention that I haven't seen discussed: if you're over 65 or dealing with mobility issues, make sure to document any accessibility features as part of the medical necessity. Things like pool lifts, handrails, non-slip surfaces, and gradual entry steps can be substantial additions to the cost, but they're clearly medical rather than recreational improvements. We're getting quotes now that separately itemize these accessibility features versus standard pool construction. Our contractor mentioned that documenting these as "medical equipment" rather than just "pool features" could be important for the deduction calculation. Also, for those asking about ongoing maintenance costs - our tax advisor suggested keeping a simple spreadsheet tracking therapy sessions (date, duration, type of exercises) versus recreational use. This creates a clear record for calculating the percentage of ongoing costs that can be claimed as medical expenses. Has anyone here dealt with insurance coverage for any portion of these costs? I know most insurance won't cover the pool itself, but wondering if any of the medical equipment aspects (lifts, therapeutic jets, etc.) might be partially covered under durable medical equipment benefits.

This discussion has been absolutely invaluable! I'm in a very similar situation and wanted to share what I've learned from my tax attorney consultation last week that might help others navigate this complex area. One key point my attorney emphasized that I haven't seen mentioned yet: if you're planning to claim a medical deduction for a home pool, consider having your doctor include specific frequency recommendations in their letter. Rather than just stating that water therapy is "medically necessary," having the doctor specify something like "aquatic therapy 3-4 times per week for 30-45 minutes" helps establish that daily access is truly required, which strengthens the argument for a home installation versus periodic visits to a facility. Regarding the appraisal question - my attorney suggested that if you're in an area where home pools are uncommon, the property value increase might actually be lower than in areas where pools are standard amenities. This could work in your favor for maximizing the deductible portion. It's worth getting an appraiser who understands your local market dynamics. For documentation, I'm setting up a dedicated file system from day one with sections for: medical records/prescriptions, appraisal documents, contractor invoices (separated by medical vs. standard features), therapy logs, and correspondence with all professionals involved. My attorney said this level of organization can make a huge difference if the IRS has questions. One last tip: consider timing your pool installation early in the tax year rather than late. This gives you a full year to accumulate other medical expenses that might help you reach that 7.5% AGI threshold, and it also provides more time to establish a clear pattern of medical use versus recreational use.

Mine was stuck on processing forever until I used taxr.ai - showed me there was an ID verification hold I didnt know about. Fixed it and got my refund in a week!

Been waiting 3 weeks on my Maryland refund too! The "processing" status is so vague - wish they'd give us more details about what's actually happening. At least with federal returns you can see more specific codes and stages. Maryland's system feels like a black box sometimes 😤

Welcome to the community! I'm also relatively new here but have been following this discussion closely since I'm dealing with a nearly identical situation. I've been selling vintage camera equipment on eBay and made about $2,800 in sales with around $950 in profit, also without receiving a 1099. This thread has been absolutely invaluable - reading through everyone's experiences has transformed what felt like an impossible tax puzzle into something completely manageable. The consensus is crystal clear: use Schedule C to report the income, deduct original purchase costs as Cost of Goods Sold, and document your methodology for any estimated costs where receipts are missing. What strikes me most is how common this situation actually is. I thought I was the only one struggling with these tax implications, but it's clear that thousands of casual sellers go through this exact same process every year. The practical advice about skipping the 1099 section in TurboTax and going straight to business income, plus the tips about batching similar items and keeping digital records, are pure gold. I'm particularly grateful for the detailed guidance on researching historical prices for missing receipts. The approach of using multiple sources (eBay completed listings, hobby price guides, Amazon price history) and documenting your methodology seems both thorough and reasonable. For anyone else still feeling overwhelmed by this process - you're definitely not alone, and based on all the shared experiences here, it's much more straightforward than it initially appears. Thanks to everyone who contributed their knowledge!

I'm new to this community but had to jump in because I'm dealing with almost the exact same situation! I've been selling vintage comic books on eBay and made about $2,650 in sales with roughly $875 in profit, no 1099 received. This entire thread has been incredibly helpful - I've been putting off filing for months because I was so confused about the tax implications. Reading everyone's experiences has made it clear that this is actually a very common situation that the IRS deals with regularly. The advice about using Schedule C and treating original purchase costs as Cost of Goods Sold makes perfect sense now. I was getting hung up on the same TurboTax issue where it asks for a 1099 that I don't have. Knowing that I can skip that section and go directly to the business income area is a game-changer. I'm particularly grateful for the detailed guidance on researching historical prices for missing receipts. For comic books, I'm planning to use sites like GoCollect and Heritage Auctions completed sales from the timeframes when I originally purchased the books. The methodology of documenting my research approach seems both reasonable and thorough. What really stands out is how many people have successfully navigated this process without any issues from the IRS. It's reassuring to know that as long as I'm making good faith efforts to report everything accurately, I shouldn't have problems. Thanks to everyone who shared their experiences - you've made what seemed like an impossible tax situation completely manageable!

I've been dealing with a similar situation and wanted to share what I learned from my CPA. The most important thing is to distinguish between a true "worthless security" and a security that was acquired at a minimal value. Based on your description, it sounds like your First Republic shares likely went through the JPMorgan acquisition process rather than becoming truly worthless. Here's what you should do: 1. **Get the facts first**: Call your broker and request the "Corporate Action Notice" for First Republic Bank from May 2023. This will tell you exactly what happened - whether you received cash, JPMorgan shares, or nothing at all. 2. **If you received ANY compensation** (even pennies): This is a regular sale transaction. Use the actual acquisition date, your original cost basis, and whatever you received as proceeds on Schedule D. 3. **For the limit order problem**: Since your shares show $4 value, set your limit price at or below the current bid price (maybe $0.01 per share). This will execute immediately and create the taxable event you need. 4. **Avoid the worthless security claim** unless you truly received zero compensation. The IRS audits these heavily, and if you received even minimal payment, it doesn't qualify. The good news is that either way, you'll be able to claim most of your $5.5k as a capital loss. The documentation from your broker will make everything clear and defensible if questioned.

I went through this exact same situation with my First Republic shares last year, and after working with my tax preparer, here's what we discovered: The key is determining what actually happened during the JPMorgan acquisition. Most retail shareholders of First Republic did receive some minimal compensation - often around $0.00-$0.50 per share - rather than having truly "worthless" securities. Since your shares still show $4 value in your account, this strongly suggests you received something in the acquisition process. Here's my recommendation: 1. **Contact your broker immediately** and ask for the "Corporate Action Statement" or "Reorganization Details" for First Republic Bank from May 1, 2023. This document will show exactly what you received. 2. **For your limit order issue**: Set your limit price at $0.01 per share (or whatever minimal amount ensures execution). Since your total position is only worth $4, this will execute immediately and give you the realized loss you need. 3. **Report it as a regular sale on Schedule D**: Use May 1, 2023 as the sale date, your original $5.5k as the cost basis, and whatever minimal amount you received as proceeds. 4. **Avoid claiming "worthless securities"** unless you truly received $0. The IRS heavily audits these claims, and if you received any compensation (even pennies), it doesn't qualify. The bottom line: You'll still be able to claim nearly your entire $5.5k loss as a capital loss, but make sure you have proper documentation from your broker first. Don't let the complexity paralyze you - this is actually a fairly straightforward transaction once you get the right paperwork.