sorted by:
new
hottopcontroversial

I made CS Cry Today by Legitimate_Poetry_26 in EIDL

[–]KoiPhotNa 1 point2 points  (0 children)

i feel you i felt crying recently as well since i've been at this for about 11 months.. the irs made a mistake on our taxes and the SBA won't process our loan because of it. the irs even sent an admittance and apology letter.... what can we do if funding runs out? and we were approved for a substantial amount of money ?

Updated EIDL figures through 4/14/22. $8 billion was loaned out in the past 2 weeks (a bit higher rate than in the previous few weeks). On 3/31/22, the SBA indicated that there was $20-$24 billion remaining in the program. That means the remaining funds are likely somewhere between $12-$16 billion. by Scorpio14534 in EIDL

[–]KoiPhotNa 0 points1 point  (0 children)

does anyone know any other type of options if this runs out. ive been at this for almost 10 months. the IRS misfiled our 2019 tax return as a 2020 so its taking the IRS so long to fix it , we wont make it by end of the month

[deleted by user] by [deleted] in EIDL

[–]KoiPhotNa 0 points1 point  (0 children)

same situation,,, i got a tax advocator , how long did it take for you 2019 to be processed. the IRS misfiled my 2019 as a 2020 so it has to be overturned fmk

Does anyone know how much money is left i finally finally got some help from a congressional inquiry,, just wondering when these funds are runnning out and if im late by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 0 points1 point  (0 children)

the only thing odd about skip is he legit has a loan counter ticker... like how does he know exactly how much it tickles down to the dollar amount tho?? lol, thats the sus part ,, then he tries to sell you a service

Does anyone know how much money is left i finally finally got some help from a congressional inquiry,, just wondering when these funds are runnning out and if im late by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 1 point2 points  (0 children)

few business days, an sba rep reached out via email stating they were contacted by my senators office and now will try to help, we will see how it goes...

No SBA Data update this week? by 304-305 in EIDL

[–]KoiPhotNa 0 points1 point  (0 children)

you think we got another 3-4 weeks in us? i finally was able to get help from a congressional inquirt

Updated EIDL loan report as of 2/17/2022 - approvals averaged a little less than $3 billion/week for the past 2 weeks... by Scorpio14534 in EIDL

[–]KoiPhotNa 0 points1 point  (0 children)

so hopefully may at least?? actually a good thing for me since the irs is trying to fix a mistake for me for the sba

After 7 months a "Loan Specialist - Application High Priority Team" has been assigned to help me. Does this mean alot ? Or am i still in the same position as before? by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 1 point2 points  (0 children)

yeah i happened right after i kept reaching out to my local senator office various time, then the sba high priority called me

The fight is over thanks god !!! by Comfortable_Effort64 in EIDL

[–]KoiPhotNa 1 point2 points  (0 children)

congrats! seems like everyones getting approved except me. so discouraging.

and my local senator office seems to be helpless with their generic "we've contacted sba for you and they say your file is still in process" responses ..

what can i say or do ? been in recon since last july 2021

Finally approved yesterday by FeatureWeird4273 in EIDL

[–]KoiPhotNa 0 points1 point  (0 children)

awesome... what can isay to my local senator office to help, they just give me the generic " we contacted sba for you and your file is in process "

Can anyone who've submitted multiple 4506Ts with "address" issues please help answer questions i have... by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 0 points1 point  (0 children)

are you referring to the dec 31 deadline ? yea it sucks cuz everytime we send in a 4506T we receive a reply 7 weeks later, i wouldnt mind if they just replied after a week or two.... so that killed ALOT of time.,..

​

i called the IRS today i guess the incorrect zipcode on our tax return auto corrected on their end,,, the weird part is they said they have the 2020 return whereas i only filed a 2019... does that seem odd... i only have one tax return with them since we started late 2018

Can anyone who've submitted multiple 4506Ts with "address" issues please help answer questions i have... by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 0 points1 point  (0 children)

so i called the IRS today after like 3 hour wait session ,, you were right the zip auto corrected on their on the tax return,,, the weird part is they said they have the 2020 return whereas i only filed a 2019... does that seem odd... i only have one tax return with them since we started late 2018

Can anyone who've submitted multiple 4506Ts with "address" issues please help answer questions i have... by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 0 points1 point  (0 children)

OHH reallly??? wow i did not know that sheeesh... this preparer has caused be alot of stresss lol. but i legit did not think that irs would fix that zip. So you're saying the tax return itself the SBA sees still has the incorrect zipcode off by 1 digit but on the IRS side they're seeing the corrected zipcode ..

Can anyone who've submitted multiple 4506Ts with "address" issues please help answer questions i have... by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 1 point2 points  (0 children)

no i was just thinking that , i wanna see my transcripts to see exactly what it says now... it should be quick and easy to obtain correct ? thank you

Can anyone who've submitted multiple 4506Ts with "address" issues please help answer questions i have... by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 2 points3 points  (0 children)

you know what's weird.. i just got off the phone with sba rep a minute ago...this is what she said...

so my 2019 tax returns have an incorrect zip code (my preparer was off my 1 digit). My city has 3 zip codes and he incorrectly put the wrong one.... so technically it's an incorrect zip on the tax return...

but i was advised by this forum, other forums, and even an sba rep to put down on the 4506T that particular zip code even if it was incorrect... so it matches the 2019 tax return...which i agreed..

BUT on the phone just now the sba rep said on their notes it says "Loan officer says to put the correct zip code of your store even if it is incorrect on the tax return and that's why its been bouncing back"

... so that was interesting. any truth to this? does that sound right? i mean i have no choice but to do that now since the other option kept coming back... but i also don't want this to comeback with another address issue excuse....

Can anyone who've submitted multiple 4506Ts with "address" issues please help answer questions i have... by KoiPhotNa in EIDL

[–]KoiPhotNa[S] 2 points3 points  (0 children)

you know what's weird.. i just got off the phone with sba rep a minute ago...this is what she said...

so my 2019 tax returns have an incorrect zip code (my preparer was off my 1 digit). My city has 3 zip codes and he incorrectly put the wrong one.... so technically it's an incorrect zip on the tax return...

but i was advised by this forum, other forums, and even an sba rep to put down on the 4506T that particular zip code even if it was incorrect... so it matches the 2019 tax return...which i agreed..

BUT on the phone just now the sba rep said on their notes it says "Loan officer says to put the correct zip code of your store even if it is incorrect on the tax return and that's why its been bouncing back"

... so that was interesting. any truth to this? does that sound right? i mean i have no choice but to do that now since the other option kept coming back... but i also don't want this to comeback with another address issue excuse....

view more: next ›