All Posts

It hasn't changed at all in a week, it is stuck on saying "Refund Received" but according to TT, it got accepted and is pending to be deposited. I dont see any dates or anything in any place, and there is no transcript for it either. I feel like I gave clear and proper information for someone to assist in my last post, maybe you just didn't understand

Same situation that I have.  Would you please provide the information that HR Block gave as to why we need to wait until February 13th?  I was under the impression that this was a TT issue, but it seems that it may be IRS?   This will be my last year using TT - it has degraded greatly over the years.  Thank you for posting.

I download the hardcopy 1099 consolidated from E*Trade and TurboTax software didn't give any errors when I tried downloading it. It just is was downloaded but when I return to TurboTax there is no data.  So maybe not ready for TurboTax download, but in past years the software wouldn't try unless E*Trade data was ready.

That is correct. If you hit the $40,000 limit on Schedule A, you cannot bypass it by re-characterizing personal property taxes as business expenses beyond the allowed home-office percentage.    @marc1974 

@ raeledwards wrote:  I'm confused and need help. I filed and got accepted on 1/29. The IRS website has not updated for a week, but I was told by a Turbo Tax representative that It got accepted and was pending to get into my account, but I have no proof of that information in any capacity, can someone help me understand what's happening please! Go by the IRS refund lookup tool.  That tool updates every day.   See the 3 stages I provided below.   "IRS website has not updated for a week" is not enough information.   Has not updated from what???   What do you see at the IRS "Where's My Refund" website? https://www.irs.gov/wheres-my-refund   Is your return showing up in that tool and is still processing, or has the IRS approved and sent the refund and provided an expected deposit date?  It seems awfully quick for a refund if that's the case.   "Where's My Refund" website tool goes through 3 stages: Return Received – IRS received your return and is processing it. Refund Approved – IRS approved your refund and is preparing to issue it by the date shown. Refund Sent – IRS sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail. Most returns are processed and refunds sent within 21 days after acceptance, but this time of year can be an exception.   If your return has any credits for EIC or ACTC the IRS cannot legally release refunds until after February 15 (due to the PATH Act.)  As a result, filers who have those types of credits in their returns may not see Federal refunds until late February or early March.

In Online TurboTax near the top left  see a link that says "Explain my taxes."   Click the adjacent arrowhead and see if it then reveals the refund/taxes owed meter.   If not, then click on the REVIEW tab, then go back to top left again.   Is the meter there now when you click on "Explain my taxes?"   See image below:     .