You cannot request a 1099 by phone, so don't bother calling. AND if you cant login to SSA using either login.gov or id.me because they won't verify your identity, you have no choice but to go to the local SSA office and wait for a few days in line in hopes somebody there can help you. Today is 2/26/26 and I still have not received my 1099.

I'm dealing with the same frustrating situation! It's now late February and still no SSA-1099 in our mailbox either. What's really annoying is that the SSA website keeps timing out every time I try to log in - it's like their servers can't handle the load during tax season. I did try the early morning login trick that someone mentioned (around 5am), and while the site loaded faster, I'm still having issues with the identity verification process. It keeps asking for information that doesn't seem to match what they have on file. At this point I'm wondering if I should just use my bank statements to calculate the Social Security income we received. We had direct deposit for both payments, so I have the exact amounts and dates. Has anyone actually filed their taxes this way without the official form? I'm worried about getting flagged by the IRS, but I also don't want to delay filing much longer. The whole system seems broken when you can't get the documents you need to file your taxes on time!

Your transcript actually looks really encouraging! That $9,350 refund is legitimate and the math adds up with your withholdings and EIC for your income level and HOH status. The 570 code you're seeing is totally standard after ID verification - it's just the IRS putting a temporary hold while they finish their review. Since you completed verification 2 weeks ago, you're right in the normal processing window. Most people see this resolve between weeks 6-12 after verification. The really good news is your transcript shows $0 in penalties and interest, which means they're not finding any problems with your return. They're just taking their time to be thorough. Don't worry about that "No tax return filed" glitch at the top - it's a common display issue during processing. Your processing date of 04-15-2024 confirms they definitely have your return. The CP0005 is just an internal notation for protected taxpayer info, not an actual notice. Keep checking your transcript weekly on Friday mornings when updates typically happen. Once you see a 571 code (reverses the 570) or an 846 "Refund Sent" code, your deposit should hit within days. I know 9 weeks feels like forever, but you're almost there! 💪

Your transcript is actually showing all the right signs! That $9,350 refund is solid - it's the combination of your tax withholdings and Earned Income Credit, which is exactly what you'd expect for your HOH filing status and income level. The 570 code you're seeing is completely normal after ID verification - it's just the IRS saying "hold on, we're finishing up our review." Since you completed verification 2 weeks ago, you're right in the sweet spot of the typical 6-12 week processing window that most people experience. The best part? Your transcript shows $0.00 in penalties and $0.00 in interest, which is a clear indicator that the IRS isn't finding any problems with your return. They're just being extra thorough with their review process. Don't stress about that "No tax return filed" display - it's a known glitch that happens during processing. Your processing date of 04-15-2024 proves they definitely have your return. The CP0005 notation is just an internal code for protected taxpayer info, nothing to worry about. I'd suggest checking your transcript weekly on Friday mornings when most updates happen, rather than daily (trust me, it'll save your sanity!). Once you see a 571 code appear (which reverses the 570 hold) or an 846 "Refund Sent" code, your money should hit your account within 3-5 business days. You're so close to the finish line! 🎯

This entire discussion has been incredibly eye-opening! As someone who was initially considering the $1 sale approach for my own family situation, reading through all these real-world experiences and tax implications has completely changed my perspective. What strikes me most is how consistently the numbers work against the $1 sale approach across different property values, purchase dates, and family situations. Whether it's the potential $460K capital gains hit that Camila mentioned, the $342K taxable appreciation in Mateo's case, or the $120K+ in tax savings that Amelia's family missed out on - the pattern is clear that this "simple" solution often ends up being extremely expensive. The revocable living trust option that so many people have successfully used seems to address every major concern: parents maintain complete control, no gift tax complications, preservation of the stepped-up basis, and flexibility for future planning needs. The upfront legal costs of $2,500-$3,000 seem minimal compared to the potential five or six-figure tax savings. I'm also grateful for the insights about state-level complications like property tax reassessments and how the transfer could affect eligibility for various benefits programs. These are exactly the kinds of unintended consequences that families probably don't discover until it's too late to change course. This community has provided more practical, detailed guidance on this topic than I've found anywhere else. Thank you all for sharing your experiences so openly - it's clearly helping a lot of families avoid some very costly mistakes!

This discussion has been incredibly thorough and educational! As someone new to this community, I'm impressed by the depth of real-world experience and specific numbers everyone has shared. After reading through all these responses, it's clear that the $1 sale approach creates far more tax problems than it solves. The consistent pattern across different families - losing stepped-up basis, owing capital gains on decades of appreciation you never benefited from, gift tax reporting complications, and even property tax reassessment issues - makes this seem like a trap that catches well-meaning families off guard. The revocable living trust option that multiple people have successfully implemented sounds like the clear winner. Preserving parental control during lifetime while maintaining the stepped-up basis benefit, avoiding gift tax complications, and maintaining flexibility for future needs like Medicaid planning - all for $2,500-$3,000 in upfront legal costs versus potentially six-figure tax savings. What really drives the point home is seeing the actual numbers people shared: $460K in potential capital gains, $342K in taxable appreciation, $120K+ in lost tax benefits. These aren't theoretical scenarios - they're real families who either narrowly avoided or unfortunately experienced these massive tax hits. For anyone considering property transfers to children, this thread should be required reading. The professional consultation costs seem minimal compared to the financial consequences of getting this wrong. Thank you all for being so generous with sharing your experiences - it's exactly what makes online communities valuable for navigating complex financial decisions.

I'm dealing with a similar situation with my consulting LLC right now. One thing I learned from my tax attorney that might help - the IRS has a special "late election relief" procedure under Revenue Procedure 2013-30 that's separate from the regular reasonable cause provisions. This procedure allows you to make a late entity classification election if you meet certain requirements, including that you haven't filed a tax return for the year you want the election to be effective for, OR if you have filed, that you filed consistently with the requested election. The key advantage is that you don't have to prove "reasonable cause" - you just have to meet the procedural requirements. There's a $3,271 user fee, but if you qualify, it's often easier than trying to argue reasonable cause. Given your June-to-June fiscal year and $380k revenue, this might be worth exploring before going the reasonable cause route. The procedure has specific timing requirements though - generally you need to file within 3 years and 75 days of the requested effective date. Have you already filed your LLC tax return for the year you want to elect C corp status for? That could impact which approach makes more sense.

Just wanted to add another perspective from someone who went through this process recently. I'm a CPA and helped several clients navigate retroactive entity elections over the past year. One thing that hasn't been fully emphasized in this thread - the choice between LLC, S corp, and C corp taxation isn't just about current year tax savings. You need to think about your long-term business strategy: - If you're planning to bring in outside investors eventually, C corp status makes that much easier - If you want to offer employee stock options down the road, C corp structure is typically preferred - But if you're planning to distribute most profits to owners, pass-through taxation (LLC or S corp) usually wins For your specific situation with $380k revenue growing to $500k, I'd strongly recommend modeling out at least 3 scenarios over a 5-year period before making the election. The "right" choice depends heavily on your distribution strategy and growth plans. Also, regarding the retroactive election - Rev. Proc. 2013-30 is definitely your best bet if you qualify. The reasonable cause route is much more unpredictable, and I've seen plenty of those get denied even with what seemed like solid justification. One last tip: if you do go the C corp route, make sure you understand the accumulated earnings tax implications if you retain too much profit without a business purpose. That can bite you later if you're not careful.

This is a great question and I've seen many organizations struggle with this exact issue. The key thing to understand is that the IRS looks at the direct recipient of the donation, not the ultimate destination, when determining tax deductibility. Since you're a 501(c)(7), donations made directly to your organization are not tax-deductible to the donor, even if you plan to pass 100% of the funds to a qualifying 501(c)(3). The donor's tax deduction is based on who they're writing the check to, not where the money eventually goes. Here are the cleanest approaches I've seen work: **Option 1: Direct donations with your club as organizer** Have donors make checks payable directly to the 501(c)(3) charity. Your club collects and forwards these donations. This maintains tax deductibility since the charity is the direct recipient. **Option 2: Charity-sponsored event** Work with the 501(c)(3) to officially sponsor your event. They handle all payment processing and issue tax receipts directly to donors. Your club focuses on event logistics and promotion. Regarding event expenses - if you use Option 1, you cannot use any of those donated funds for expenses since they belong to the charity. You'd need to cover event costs through separate fundraising (ticket sales, sponsorships, etc.) or have the charity reimburse you for approved expenses. I'd recommend speaking directly with the 501(c)(3) you're supporting - they likely have experience with this type of partnership and may have established procedures that make everything much simpler.

I've dealt with this exact situation with our local veterans' association fundraiser last year. What really helped us was getting everything documented upfront with the 501(c)(3) we were supporting. We ended up going with the direct donation approach - donors made checks payable to the charity, but we collected them at our event and forwarded them in batches. The charity provided us with donation forms that included their tax ID number and official letterhead, which made donors feel confident about the tax deductibility. One thing I'd strongly recommend is setting up a meeting with the charity's treasurer or development director before your event. They can walk you through their preferred process and may even provide pre-printed donation envelopes or receipts. Most established charities have handled this type of partnership before. Also, make sure you're crystal clear with potential donors about the process. We had signs at our registration table explaining that checks should be made out to the charity (not our club) for tax deduction purposes. This eliminated confusion and actually increased our donation totals since corporate sponsors knew they'd get proper documentation. The key is transparency and proper documentation - when everything is set up correctly, it benefits everyone involved.