I just wanted to add my perspective as someone who's been through this multiple times with different LLCs. The confusion you're experiencing is totally normal - the relationship between LLC structure and tax filing can be really counterintuitive at first. One thing that might help is thinking of it this way: your LLC is like a legal "wrapper" around your business activities, but for tax purposes, the IRS basically looks right through that wrapper and sees your business income as personal income. That's why they call it a "disregarded entity." So when TurboTax asks for your business information and you enter your LLC name and EIN, you're just providing organizational details. The actual income reporting works the same whether your 1099s have your SSN or EIN - it all flows to the same place on your tax return. I'd also suggest keeping a simple spreadsheet of your 1099s showing which ones came with which identifier. It's not required, but it's helpful for your own records and gives you peace of mind if any questions come up later. You're definitely on the right track though!

I went through this exact same situation when I first started my single-member LLC! The key thing that helped me understand it was realizing that for tax purposes, your LLC is completely transparent to the IRS - they literally "disregard" it and treat all your business income as personal income. So even though you have an EIN and LLC name, and some of your 1099s might have your SSN instead, it doesn't create any filing issues. Everything should go in the business section of TurboTax just like you planned. The software will automatically flow your business profit through Schedule C to your personal return. What I learned from my accountant is that the IRS systems are specifically designed to handle these mixed identifier situations because they're incredibly common with single-member LLCs. Many clients don't know whether to use your SSN or EIN, so you end up with a mix. For next year, I'd definitely recommend sending updated W-9 forms to all your clients with your EIN and exact business name. It won't change your taxes, but it's better for privacy and helps establish your business identity for credit purposes. You're handling this correctly - don't overthink it! This is one of those situations that seems way more complicated than it actually is.

I went through this exact same situation with my freelance business EIN last year! The mistake is super common - the IRS application can be confusing about employee intentions. I'd recommend calling the IRS Business & Specialty Tax Line first (800-829-4933) as others mentioned, but if you can't get through after a few tries, the written request route works great too. I sent a simple letter explaining the error and got it resolved in about 4 weeks. The key thing is to act on this soon - don't let it sit like some people do. The IRS is actually pretty reasonable about fixing these application errors, especially when you're proactive about it. Once it's corrected, you'll get peace of mind knowing you won't have to deal with those quarterly employment forms you don't need.

I had this same issue with my single-member LLC about 6 months ago! The good news is you definitely don't need to get a new EIN - that would actually create more complications down the road. What worked best for me was calling the IRS Business & Specialty Tax Line (800-829-4933) early in the morning, around 7-8 AM. The wait times are usually shorter then. When you get through, just explain that you made an error on your EIN application by indicating you would have employees when you don't, and ask them to update your filing requirements to remove Forms 940 and 941. The representative will ask for your EIN, business name, and some basic verification info. They can make the change right there on the call - it literally takes about 5 minutes once you're connected. Make sure to ask them to send you a confirmation letter showing the updated requirements for your records. One tip: have your EIN confirmation letter handy when you call, as they might reference the original application details. The whole process was way easier than I expected, and now I only have to worry about my regular business tax returns instead of those quarterly employment forms I never needed in the first place!

This thread is incredibly thorough - thank you everyone for sharing your experiences! I'm in a similar boat with a family LLC that's had losses for years, and I never realized I should have been tracking these on Form 8582. One thing I want to add for anyone else reading this: make sure you understand the "material participation" aspect too. Even if you think you're not materially participating in the LLC activities, the IRS has specific tests for this. If you accidentally qualify as a material participant in some years, those losses wouldn't be subject to passive activity limitations and the carryforward calculations get more complicated. I learned this when reviewing my situation - there were a couple years where I spent significant time helping with property management that might have pushed me over the material participation threshold. This means some of my losses might not have been passive losses at all, which affects both the Form 8582 carryforward amounts and how much I can actually claim. Has anyone else run into this material participation complication when reconstructing their passive loss history? I'm wondering if it's worth the extra complexity to analyze each year individually or if most people just treat all LLC losses as passive for simplicity.

This is such a valuable discussion - I'm learning so much! I've been in a similar situation with passive losses from a family partnership that I never properly tracked on Form 8582. One additional consideration I haven't seen mentioned yet: if you're planning to eventually dispose of your interest in the LLC, make sure you understand the "complete disposition" rules. When you completely dispose of your entire interest in a passive activity, you can deduct all suspended passive losses against any type of income (not just passive income). This can make those accumulated losses even more valuable! The timing of when you dispose vs when you have passive income to offset can make a big difference in your tax strategy. If you're planning to sell your LLC interest or if the LLC might liquidate in the future, it might be worth holding onto those suspended losses for the complete disposition rather than using them against small amounts of passive income. I'm curious - for those of you who successfully reconstructed your passive loss carryforwards, did you also factor in potential future scenarios like complete disposition when deciding whether to pursue the analysis? And did your tax professionals help you think through the timing strategy, or did they mainly focus on getting the historical numbers correct?

I completely understand your anxiety about mailing tax returns - that waiting period is genuinely stressful! The "In Transit" status you're seeing is completely normal for IRS deliveries. USPS tracking for government facilities often doesn't provide detailed updates until the package actually reaches the destination. Here's what helped me when I went through this same situation: create a simple timeline to manage expectations and reduce the urge to constantly check. Once USPS shows "Delivered" (which should happen by your expected Thursday), the IRS typically takes 4-6 weeks to process mailed returns during tax season. Since you mailed in mid-April, you're actually in good timing - before the last-minute deadline rush that really slows things down. My recommendation: take a screenshot when it shows delivered, then mark your calendar for 4 weeks after that date to start checking "Where's My Refund." Checking before then will just show nothing and increase your anxiety unnecessarily. The good news is that once your return does appear in their system, refund processing happens at normal speed (2-3 weeks). And definitely resist any urge to send duplicates if there are small delays - that can actually slow things down as they have to sort out multiple submissions. The IRS processes millions of mailed returns successfully every year, so while it feels like your envelope could disappear into a void, their systems are actually quite reliable. The waiting is definitely the hardest part!

I can totally relate to that anxiety about mailing returns! I went through the exact same stress last year when I had to mail mine for the first time due to some complicated business deductions that my software couldn't handle. The "In Transit" status is completely normal - USPS tracking for IRS deliveries tends to be pretty basic until it actually gets delivered. Don't read anything negative into the lack of detailed updates. Here's what I learned that really helped: once it shows "Delivered," give yourself permission to stop thinking about it for at least 3-4 weeks. I made the mistake of checking "Where's My Refund" starting the day after delivery, which just created unnecessary stress when nothing appeared for weeks. Since you mailed in mid-April, you're actually in a sweet spot timing-wise. You beat the last-minute rush but it's still early enough in the season that processing centers aren't completely overwhelmed. Most people I know who mailed around this time saw their returns appear in the system closer to 4 weeks rather than the full 6 weeks. One thing that gave me peace of mind: keep detailed records of everything (tracking number, screenshots of delivery confirmation, copies of what you sent). The IRS processes millions of mailed returns every year - your envelope isn't going to disappear into thin air, even though it feels that way when you're waiting! The anticipation is definitely the worst part, but once it's in their system, everything moves at normal speed for refunds.

Just to add another data point - I'm a CPA and deal with this question constantly during tax season. The partial account numbers on 1099 forms are absolutely fine to use as-is. In fact, I tell my clients never to try to "complete" or guess at the full account number, as that could actually cause matching issues with the IRS system. The IRS computer systems are specifically programmed to expect these masked account numbers. What they're really matching on is your SSN, the payer's EIN, and the dollar amounts reported. The account number field is more for your own record-keeping than for IRS matching purposes. So Kaitlyn, you can confidently file your return with just those last 4 digits exactly as they appear on your 1099-INT. No need to torture yourself with bank customer service!

I went through this exact same situation last year with multiple closed accounts! I was panicking thinking I needed to somehow get the full account numbers, but after filing with just the masked numbers (exactly as shown on the forms), everything went through perfectly fine with no issues from the IRS. What really helped me was realizing that the banks are literally required to mask those account numbers for privacy/security reasons - it's not like they forgot to include the full number. The IRS system is completely set up to handle this standard practice. Your 1099-INT with "xxxx1234" is exactly what you should enter on your tax return. Don't try to guess or reconstruct the full number, and definitely don't stress about calling the bank. The interest amount and the bank's EIN are what really matter for matching purposes.