***UPDATE**** (I just got my refund approved on 3/18. Filed 2/19. The refund listed is higher than Turbo Tax refund listed by the exact amount that Turbo Tax said I owed on Form 8960)
Rejected on 2/17. Filed on 2/19 and accepted. Now 28 days and refund not approved. I followed the link posted with IRS updates to this open problem and there is a new date posted on estimated fix date of 3/19/23. So I created my IRS.gov account and pulled my transcript. The transcript lists what I entered in TT and what the IRS computer has. Mine matched up perfectly with every single number except one thing. You guessed it, from 8960. Turbo Tax has me owing (number for example $100) on my 8960 form and the refund Turbo Tax has is exactly that $100 less than Federal computer So Fed says I should get $100 more than Turbo Tax. That discrepancy is probably the delay. Now the Fed transcript is weird. There is a line on the last page on the 8960 transcript that says total investment income and it shows what turbo tax entered and it’s a positive number and correct. Then below that it says the Fed computer is a negative number for total investment income. So Turbo tax has my owing that $100 and Federal computer does not. So federal computer says I’m owed $100 more.
So this business that the IRS is just behind and have so many to process is not true. Form 8960 saga is not fixed yet.
the Fed still says there is an issue with an estimated fix date of 3/19. So either the IRS has the 8960 glitch issue wrong. Or Turbo Tax is wrong. Because my refund discrepancy all come down to that single 8960 number discrepancy.
