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Word of advice: turn on notifications for deposits. beats checking every 2 seconds trust me
good call already done that but still cant help checking ๐
2M
in the same boat rn. been refreshing since this morning like a ๐คก
we all living the same life fr fr
2M
Why did they close ur card? Mine got closed too and im still salty about it ngl
tbh no idea, they just sent me some vague email about account terms ๐คทโโ๏ธ
2M
Those tax advances are basically legal loan sharking anyway. The fees are ridiculous when u do the math on the APR
fr fr its highway robbery but sometimes u gotta do what u gotta do ๐ฉ
2M
Just finished my calculations and something seems off. I made $29,619 last year with 3 dependents. I'm using TaxSlayer.com and my federal refund is showing $17,837 and state is $880. I paid $10,400 in childcare expenses throughout the year. When I look at my Refund Summary screen, it clearly says "Your refund estimate $17,837" and "2024 estimated federal refund" right at the top of the page. The site has all these guarantees listed: "Guaranteed maximum refund", "100% accuracy guaranteed", and "Trusted by millions". I started for free and there's a "GET STARTED" button to officially file for $0 today according to what it says on the screen. But these numbers seem really strange to me. How can my federal refund be so high at $17,837? That's more than half of what I made all year! Is this normal with 3 dependents and my childcare costs? I'm worried something is calculated incorrectly since it seems too good to be true. Has anyone else seen refund estimates this large with a similar income and dependents situation?
bruh theres no way thats right ๐คก im in almost the exact same boat (3 kids, 31k income) and got back like 7k federal
oof yeah definitely redoing mine then ๐ญ
2M
Something's definitely wrong in how it was filed. Here's what you should be looking at: โข Earned Income Credit - With 3 qualifying children and income under 30k, this alone should be significant โข Child Tax Credit - Up to $2000 per qualifying child โข Child and Dependent Care Credit - Based on your $10,400 expenses โข Head of Household status (if applicable) I'd strongly recommend using taxr.ai to analyze your situation. It'll scan your transcript and show exactly what you qualify for and how to claim it properly. Much better than trying to figure it out manually!
Called IRS, they said system maintenance will be done by 6pm EST
you actually got through to someone? ๐ฑ
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took 2 hours on hold but yeah lol
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this is why we need the expanded ctc back from 2021... that actually helped families fr fr
facts ๐ฏ those monthly payments were a lifesaver
2M
might wanna double check ur math or have someone look at ur return. sum aint adding up
numbers are right, just checked again ๐ฎโ๐จ
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not me sitting here with a stack of health insurance papers trying to figure out which ones matter ๐คก
frfr these forms got me stressed af
2M
Just an FYI - if your kids are under 17 make sure youre also claiming the Child Tax Credit. Its separate from the health insurance stuff but definitely worth looking into!
Thanks for the reminder! Already on it ๐
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did u file electronically or paper? paper takes waaaaay longer to show up in system
e-filed through turbotax
2M
ok thats weird then... should show up faster. maybe try calling?
2M
Anyone else notice their WMR not updating but transcripts showing movement?
WMR is always behind transcripts. dont even bother checking it tbh
2M
its normal dont stress. states are always slower than federal returns. they dont have the same resources or staffing
Did you efile or paper file? Paper filing takes WAY longer to process
E-filed through turbotax
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ok good at least ur not stuck in paper filing hell ๐
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Natasha Orlova
Friendly reminder to everyone - checking 500 times a day wont make it come faster ๐คก Ask me how I know lololol
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Javier Cruz
facts but we still gonna do it anyway ๐
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Emma Wilson
PSA: The IRS system is down for maintenance tonight so updates might be delayed until tomorrow morning fyi
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Yara Sayegh
nooooo ๐ซ where did u see this?
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2M
Emma Wilson
Its on the IRS operational status page rn
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2M
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