Student Loan Forgiveness Tax Exemption - Waiting Since Feb 15th with Return in Errors Dept

You're definitely not alone in this boat - and it's a pretty crowded boat at that! 😅 The IRS announced they're handling student loan forgiveness returns in batches, with the first round scheduled for May processing. Think of it like waiting for concert tickets to go on sale - everyone's in the virtual queue, but they're only letting people in groups. The good news is that being in the errors department doesn't mean there's anything wrong with your return - it's just their way of setting these returns aside for special handling. Hang tight!

I went through something very similar last year with education credits that sent my return to the errors department. After waiting 65 days with no updates, I finally tried Claimyr (https://youtu.be/_kiP6q8DX5c) to get through to an IRS agent. Got connected in about 15 minutes when I'd been trying for days on my own. The agent confirmed my return was just waiting for the education credit verification and gave me an actual timeframe. Saved me weeks of anxiety wondering what was happening. Might be worth trying if you need concrete answers about your specific return status.

Anyone know if there's a diff between returns with full vs partial loan forgiveness? I had $10k forgiven but my friend had $20k and we both filed on same day (Feb 12). Wonder if they're prioritizing certain amounts or if it's just a first-come-first-served situation w/ the May batch?

I was going CRAZY trying to figure out what was happening with my student loan forgiveness return! My transcript had all these weird codes I didn't understand. Finally used taxr.ai to analyze my transcript and it explained everything! The site showed me exactly why my return was on hold (student loan forgiveness verification) and even predicted when it would likely be released based on the codes. Such a relief to actually understand what was happening instead of just staring at my transcript feeling completely lost! 😅

Call the Taxpayer Advocate Service directly at 877-777-4778. Don't waste time with the regular IRS number. The advocates can tell you exactly what's happening with your return and sometimes can expedite processing if you're facing financial hardship. I did this last week and found out my return is scheduled for the first batch of May processing.

Just got off the phone with the IRS after a 2-hour wait (felt like trying to get through to a radio contest giveaway from the 90s). The agent confirmed they're processing student loan forgiveness returns in batches starting May 1st. They're basically sorting returns like a giant mail room - all the regular returns go one way, and anything with loan forgiveness gets routed to a special processing team. The agent said returns filed in January and February should be in the first batch, with March filers likely in the second batch.

Be somewhat cautious about counting on that May timeline. I had a similar situation last year with a special tax credit, and while they initially said April processing, mine wasn't actually completed until mid-June. The IRS tends to give somewhat optimistic estimates, in my experience. You might want to budget as if you won't see the money until June, just to be on the safe side.

Have you checked if your transcript shows any TC 570/971 combo codes? Those specific codes would indicate whether there's an actual review happening or just the standard hold for student loan forgiveness processing. There's a significant difference between general ERS processing and an actual examination.