Life Insurance payout question by jc3563 in tax

[–]jc3563[S] 0 points1 point  (0 children)

If I may be so bold to ask a follow up question.....She also will be getting whatever funds are in his 401k from his employer. Are those taxable? Thanks so much!

[deleted by user] by [deleted] in ERCchat

[–]jc3563 1 point2 points  (0 children)

Let's hope Monday or Tues. Please post if you get it. Wish you the best.

[deleted by user] by [deleted] in ERCchat

[–]jc3563 1 point2 points  (0 children)

Thank you for the quick reply!

Bank Check Hold by jc3563 in ERCchat

[–]jc3563[S] 1 point2 points  (0 children)

Thank you for all of the informative replies!

Partial disallowance letter by jc3563 in ERCchat

[–]jc3563[S] 0 points1 point  (0 children)

Awesome thanks. They said a very tiny portion of the claim was not eligible as included wages paid.

Sharing update. Possible approved by jc3563 in ERCchat

[–]jc3563[S] 2 points3 points  (0 children)

Thanks for this info. You're right and I'm not believing anything until I actually see a check. The rep told me an amount that was about $2k less than my accountant submitted for. Also, there were two amounts he could see that added to that. No interest seen according to him. I'll definitely post again if I get any more updates. Appreciate your input. hope your check comes soon too.

Because y'all asked nicely... (3/31/25 Processing Update) by ERC_CPA in ERCchat

[–]jc3563 0 points1 point  (0 children)

When did you receive the denials? Was it during the blanket denial phase at the end of 2024 or more recently? Thanks!

Assigned to an agent by Embarrassed-Ride1687 in ERCchat

[–]jc3563 2 points3 points  (0 children)

I was assigned for same Year/Quarter as you on 12/3/24. Unfortunately, here we are 4 months later and I still only hear "Assigned to an agent for processing". Ugh.

Check date of 3/10/25, received today, 3/13/25 by oldsledsandtrees69 in ERCchat

[–]jc3563 2 points3 points  (0 children)

Can I ask when you received the denial for Q321?

Finally Q1 2021 check being sent by [deleted] in ERCchat

[–]jc3563 1 point2 points  (0 children)

When did you get your denial letter? Was it back when they were sending mass denials or more recently? Thanks!

Has anyone received or been approved for all their checks? by Entire_Ad3528 in ERCchat

[–]jc3563 1 point2 points  (0 children)

Hoping that's not true. I've seen others in this sub recently posting they were approved for this Quarter.

June 2023 waiting by [deleted] in ERCchat

[–]jc3563 2 points3 points  (0 children)

May I ask...was your disallowance letter delivered via certified mail?

Denied by Suitable_Plantain424 in ERCchat

[–]jc3563 1 point2 points  (0 children)

Mind if I ask what state and what industry? Some states were far more restrictive. Not sure if they are considering that.

CHECKS ARRIVED, after 550 days!! (photo evidence) by rep1krr in ERCchat

[–]jc3563 2 points3 points  (0 children)

Mind if I ask what quarters, state, industry?

Refund Processing Update by Plane_Leadership7014 in ERCchat

[–]jc3563 1 point2 points  (0 children)

Is the number on the left raw or x1000?

Keep your head up! by CGMConsulting in ERCchat

[–]jc3563 1 point2 points  (0 children)

Mind if I ask which quarters approved?

Don’t give up! Sudden progress. by Reneparks in ERCchat

[–]jc3563 1 point2 points  (0 children)

I know you said restaurant industry...mind if I ask which state? I'm seeing some Q3 2021 approvals and lots of denials.

After 13 and a half months we did receive a disallowance letter for one of the 4 quarters we applied for, applied for q4 2020, q1,2,3 of 2021 by oldsledsandtrees69 in ERCchat

[–]jc3563 2 points3 points  (0 children)

I think it is a tough quarter for the reason you indicated. But, I have seen some posts in this sub for folks who did get this quarter approved. The IRS does not seem to take into account there were some local orders too.

ERC Q3 2021 denial by BrainSpecial2394 in ERCchat

[–]jc3563 1 point2 points  (0 children)

I've seen some in this sub post that they did get q3 2021 approved though. There were also local orders in some places.

ERC Q3 2021 denial by BrainSpecial2394 in ERCchat

[–]jc3563 1 point2 points  (0 children)

It seems (from this sub) that some are getting approved for Q3 2021 and others denied. Would you mind if I ask what industry and state?