
Ask the community...
I just checked my IRS transcript and I'm seeing something concerning. Everything is showing exactly $0.00 across all fields - the balance is $0.00, interest is $0.00, and penalty is also $0.00 as of status 'F'. Even the balance accruals show $0.00. The transcript actually says "ANY MINUS SIGN SHOWN BELOW SIGNIFIES" at the top, then lists: BALANCE: 0.00 INTEREST: 0.00 AS OF: F PENALTY: 0.00 AS OF: F BALANCE ACCRUALS: 0.00 My filing status shows as "Head of Household" but what's really worrying me is that nearly every other field says "NOT PRESENT FOR THIS ACCOUNT" - including important fields like gross income, taxable income, and self-employment tax. The only transaction showing is "tax return filed" under the TRANSACTIONS section, which has columns for EXPLANATION OF TRANSACTION and CYCLE. Looking deeper at my transcript, I see several fields marked "NOT PRESENT FOR THIS ACCOUNT" including: - GROSS INCOME - TAXABLE INCOME TAXPAYER - TAXABLE INCOME SPOUSE - SELF EMPLOYMENT TAX I pulled this directly from www4.irs.gov (I can see the sa.www4.irs.gov at the bottom of my transcript) and I've never seen my transcript look like this before, with all zeros and missing information. The system shows these values "AS OF: F" but I don't even know what that means. Is this a normal transcript display or should I be concerned about all these $0.00 values and "NOT PRESENT" notifications? Has anyone else experienced this?
saw this same thing on mine.used taxr.ai to figure it out and it explained everything. turns out it was just in the initial processing stage. got my refund 2 weeks later exactly when the AI predicted š
fr? might have to check that out, tired of playing detective with these transcripts
1M
The IRS is so broke they cant even show numbers anymore smh
ššš
1M
depends on your cycle code. some ppl update tuesdays some fridays but you wont know ur cycle till first update hits
what's a cycle code? š¤
1M
its like ur processing group. last 2 digits tell u what day u update. 05=thurs night, 02=tues night
1M
bruh how u getting 15k back?! im lucky if i get $100 š
fr fr tax system is rigged š¤
1M
Call the Tax Advocate Service. With that amount of money and this long of a wait, they might be able to help.
Its frustrating but hang in there! My 2022 return was stuck for 6 months before it finally processed. No rhyme or reason to it tbh
DETAILED ANALYSIS: As someone who deals with IRS delays regularly, here's what's likely happening: 1. Early filers often face longer delays due to fraud prevention 2. No codes usually means manual review is needed 3. System backlogs are worse than ever this year RECOMMENDED STEPS: - Keep checking WMR weekly - Use taxr.ai to analyze your transcript (seriously, best tool out there) - Follow up with congressman every 10 days - Request Taxpayer Advocate if hardship is severe Dont lose hope! The return will process eventually.
Thank you! This is super helpful š
1M
Wait until you see how much self employment tax goes up when you make more lololol welcome to the club š¤”
This is why I always tell ppl to use a tax professional their first year of self employment. Its worth the money to get it setup right
facts! learned this the hard way too
1M
I just checked Where's My Refund on the official IRS.gov website and got concerning news about my 2024 tax return. The status shows three boxes: "Return Received," "Refund Approved," and "Refund Sent," but only the first box is checked. The system specifically states "Your tax return is still being processed. A refund date will be provided when available." When I checked at 10:16 on my phone (with LTE connection), I could see I was on the official IRS.gov website. The page shows "Refund Status Results" with three status boxes. The first box "Return Received" has a checkmark, but both "Refund Approved" and "Refund Sent" boxes are unchecked with question marks in them. The exact message displayed is: "Your tax return is still being processed. A refund date will be provided when available. For more information about processing delays, please see our Refund Frequently Asked Questions." There's also a "Please Note" section that says: "For refund information, please continue to check here, or use our free mobile app, IRS2Go. Updates to refund status are made no more than once a day." The IRS tool shows my Tax Year as 2024 under "Your personal tax information" section. I'm getting worried since there's no progress beyond the "received" status. The message directs me to check their Refund Frequently Asked Questions for information about processing delays, but I'd rather hear from real people who might have experienced similar situations. Anyone know what this processing status typically means or how long I should expect to wait? Starting to get anxious since it's just sitting at the "received" stage with no movement. Has anyone else had their return stuck at this stage for a while? I've been checking both the website and the IRS2Go app daily but no changes so far.
I suggest pulling your transcript if you can access it online. Sometimes it shows more info than WMR š¤
Facts! The transcripts usually update before WMR does
1M
Protip: call your local taxpayer advocate if it goes beyond 120 days. They can sometimes help speed things up.
thx for the tip! saving this just in case š
1M
Did you claim EIC or ACTC? Those credits usually mean longer processing times
yeah claimed both actually. wish i knew that before š
1M
My transcript was blank for 6 weeks then suddenly updated with DDD. Sometimes it just be like that
that gives me hope ngl
1M
The transcript is literally written in ancient hieroglyphics i stg
fr fr might as well be reading another language š
1M
took me 3 months to figure out how to even get to the right page lmaooo the irs website is from 1992 i swear
1992? ur being generous š¤£
1M
Hattie Carson
Pro tip: always review your return before its submitted! I learned this the hard way last year lol
0 coins
Write a comment...
Destiny Bryant
The IRS is such a joke these days. Making us wait 180 days because someone rounded numbers? Give me a break š¤”
0 coins
Dyllan Nantx
facts. system is broken af
0 coins
1M
Write a comment...