Don't beat yourself up too much about this - tax software can be confusing and these kinds of mistakes happen more often than you'd think. The important thing is that you discovered it and are taking steps to fix it. One piece of advice I'd add: when you do file your amendment, keep detailed records of everything. Save copies of all the forms, any correspondence with the tax authority, and document when you submitted everything. If there are any questions later, having that paper trail will show you acted in good faith to correct the error promptly. Also, since you mentioned using H&R Block originally, you might want to ask them specifically how this happened during your appointment. Understanding whether it was a software glitch, a question you misunderstood, or something else could help prevent similar issues in future filings. Some tax prep services will review their process with you to identify where the error occurred. You're handling this the right way by addressing it head-on rather than ignoring it. That proactive approach will likely work in your favor if there are any discussions with tax authorities.

I went through something very similar about 18 months ago and completely understand the panic you're feeling right now. The good news is that this is actually a pretty common error, and the IRS and state tax authorities deal with these kinds of mistakes all the time. A few things that helped me through the process: First, don't wait too long to file the amendment - the sooner you get it done, the less interest you'll accrue on any additional taxes owed. Second, when you do file the amendment, include a brief explanation of the error (like "accidentally claimed dependent - have no qualifying dependents"). Most tax authorities appreciate the transparency. In my case, I ended up owing about $400 in additional state taxes plus maybe $25 in interest. No penalties were assessed since I voluntarily corrected the error. The whole amendment process took about 6-8 weeks to fully resolve. One last tip: if you're planning to use H&R Block again for your current year taxes, you might want to mention this error when you go in. They can often help ensure the same mistake doesn't happen again and may offer some guidance on the amendment process as part of your current year service. You're going to be fine - this is definitely fixable and you caught it before it became a bigger problem!

Just went through this same situation last week! The issued date on your transcript is when the IRS actually sends the money out, not when it hits your account. For me it was exactly 3 business days from issued date to seeing it in my checking account (Bank of America). The waiting is definitely the hardest part but once you see that issued date you're basically home free! 🎉

Just wanted to chime in here! The issued date is when the IRS actually processes and sends out your refund, but yeah it's not the same as when it hits your account. From my experience, most people see it within 2-3 business days after that issued date if you have direct deposit set up. If you filed with a paper check, add another week or so for mail time. The transcript is usually more accurate than the "Where's My Refund" tool, so if you see that issued date you're definitely in the final stretch! Good luck! 🤞

Check if your mailbox is locked or if there's any forwarding issues with your address. Sometimes refund checks get returned to IRS if there's a delivery problem. Also double check the mailing address on your return matches exactly what's on file with USPS. Hope you get it soon!

I'm in the exact same situation! My transcript shows it was mailed 6 days ago and I've been refreshing my Informed Delivery every morning hoping to see it. The waiting game is brutal when you're expecting money lol. From what I've read here it sounds pretty normal though - seems like most people get theirs within that 5-7 day window. Fingers crossed we both get ours soon! 🤞

One trick I learned from an accountant friend - keep a separate log for your hobby sales that clearly documents each sale with dates, amounts, and context (like "church fundraiser" or "neighbor request"). This helps establish the occasional/non-commercial nature of the sales if questioned. Also track your expenses separately from any business activities. When my wife started selling her paintings occasionally, we created a simple spreadsheet showing that she was actually spending more on supplies than she was making from sales, which helps support the hobby classification. The key is showing you're not primarily motivated by profit.

This is such a common confusion point! I went through this exact same situation with my ceramics hobby last year. What really helped me was understanding that sales tax and income tax are completely separate systems with different rules. For sales tax: Most states require you to collect it on tangible goods regardless of whether it's a hobby or business. The transaction itself triggers the requirement, not your profit motive. For income tax: The key is proving it's truly a hobby. I keep detailed records showing I'm not profit-motivated - my supply costs usually exceed my sales, I only sell when people specifically ask, and I don't advertise or actively seek customers. One thing that wasn't mentioned yet - if you do need to get a sales tax permit, some states offer simplified filing options for occasional sellers. Mine lets me file annually instead of quarterly since my sales are so infrequent. Definitely worth asking your state about when you call them. The most important thing is consistency in how you document and report everything. Good record-keeping will protect you if there are ever questions about your classification.

This is a complex situation that requires careful documentation. Based on your timeline, you should qualify for the Section 121 exclusion on the residential portion since you lived there as your primary residence for over 2 years. However, the key is how you've been treating the property on your tax returns. If you've been claiming business deductions (home office, depreciation, etc.) on any portion, you'll need to allocate the gain proportionally. The residential portion can qualify for the capital gains exclusion, but the business portion will be subject to both capital gains tax and depreciation recapture at 25%. Make sure you have clear documentation of the square footage split between personal and business use, along with records showing this was genuinely your primary residence (voter registration, mail delivery, utility bills, etc.). The IRS will scrutinize mixed-use properties more closely, so having solid documentation is crucial. I'd recommend consulting with a tax professional who specializes in real estate transactions before you sell, as the timing and method of the sale can significantly impact your tax liability.

One thing I haven't seen mentioned yet is the importance of maintaining separate records for each portion of your mixed-use property throughout the ownership period. Since you lived there from 2019-2023, make sure you can clearly demonstrate which expenses were allocated to personal vs business use during that entire timeframe. The IRS may also look at whether you claimed any home office deductions during the years you lived there. If you did, that could complicate the residential portion calculation. Also, be aware that if you've been depreciating the entire building (rather than just the business portion), you may face some challenges in cleanly separating the residential use for the Section 121 exclusion. Given the complexity and the significant tax implications, I'd strongly recommend getting a professional tax opinion before proceeding with the sale. The cost of proper tax planning upfront is usually much less than dealing with IRS challenges or missed opportunities later.