Just checking - have you contacted the original company that sponsored your H2B visa? They're the ones who are legally responsible for your employment, and they might not even know this "contractor" is handling things improperly. When I worked on an H2B at a resort, something similar happened, and when I contacted HR at the main company, they were horrified and fixed the situation immediately.

This situation is absolutely unacceptable and potentially illegal. As an H2B visa holder, you have specific legal protections that are being violated here. The fact that you're working through a "contractor" instead of your actual visa sponsor, receiving payments from various bank accounts, and getting payslips via WhatsApp are all major red flags indicating potential visa fraud and tax evasion. DO NOT provide your SSN for a 1099 - this would make you complicit in tax fraud since H2B workers must be W-2 employees with proper withholding. I'd recommend taking these immediate steps: 1) Contact the DOL's National H-2B Fraud Detection Unit at 1-866-4-USWAGE, 2) Report this to ICE since it involves visa fraud, and 3) Contact an immigration attorney who handles H2B cases. Document everything - those WhatsApp messages, payment records, and any communication about the 1099. This contractor setup is designed to avoid paying proper taxes and could jeopardize your visa status. Your sponsoring employer needs to be made aware immediately as they're legally responsible for ensuring you're properly employed and classified.

Based on my experience managing partnership returns for investment LLCs, I'd strongly recommend looking into the professional-grade options mentioned here, especially if you're dealing with 50+ K-1s across two entities. I made the mistake of trying to scale up with TurboTax Business when I went from one small LLC to multiple entities, and it became a nightmare. The software kept crashing when generating bulk K-1s, and there was no good way to manage member data across different partnerships. Drake Tax is expensive upfront, but the time savings are incredible once you're dealing with dozens of K-1s. The member database feature alone will save you hours each year. I also second the recommendation for taxr.ai - I've heard great things from other LLC managers, particularly for the automated allocation calculations. One tip regardless of which software you choose: make sure to test the K-1 generation process with a few sample members before committing to any platform. Some software handles complex ownership structures better than others, and you don't want to discover limitations after you've already input all your data. Also, consider the ongoing support costs. Professional software typically includes phone support during tax season, which can be a lifesaver when you're dealing with unusual situations that investment LLCs often encounter.

I've been using UltimateTax for my three investment LLCs (about 60 K-1s total) for the past two years, and it's been a solid middle-ground option that might work well for your situation. The software costs around $400-500 per year for unlimited 1065 returns, which is much more reasonable than Drake but more robust than consumer options. It has a decent member database that carries forward year to year, and crucially, it can share member information across multiple entities - so if you have the same investors in both LLCs, you only need to enter their details once. The K-1 generation is batch-friendly and creates PDFs that are easy to email to members. E-filing works smoothly in my experience. The interface isn't as polished as TurboTax, but it's specifically designed for tax professionals and handles partnership complexities much better than consumer software. One thing I really appreciate is their phone support during tax season - you actually get to talk to CPAs who understand partnership taxation, not generic customer service reps. When I had questions about reporting cryptocurrency gains from one of our portfolio companies, they walked me through the proper allocation methods. Given that you're managing two similar investment vehicles, UltimateTax might be the sweet spot between functionality and cost for your needs.

Has anyone dealt with this situation where the escrow company issued the 1099-S incorrectly? My brother and I sold our parents' house but the escrow company put the entire amount under my SSN even though we split it 50/50. Will this cause problems with the IRS?

I went through something very similar when my sister and I inherited and sold our dad's rental property. One thing I'd add is to make sure you have the proper estate documentation showing the stepped-up basis value. We had to get a formal appraisal done as of the date of death because the estate didn't have one initially. Also, since you mentioned using TurboTax - when you get to the Schedule D section, there's a specific checkbox for "inherited property" that ensures the software treats it correctly for the stepped-up basis calculation. Make sure you check that box, otherwise it might try to use your parents' original purchase price as the basis, which would result in a much higher taxable gain. One last tip - if the house had any improvements made between the date of death and the sale date, you can add those to your basis as well. We had to do some minor repairs before selling and those costs reduced our taxable gain.

Just wanted to add that for $127 of interest income, you're looking at a very small additional tax liability - probably around $15-30 depending on your tax bracket. Don't stress too much about this! One thing I'd recommend is double-checking your math before filing the superseded return. Make sure you're including the interest on the correct line of Form 1040 (it goes on Schedule B if your total interest exceeds $1,500, otherwise directly on Form 1040). Also, since this is your son's college savings account, make sure you understand whether it's a 529 plan or just a regular savings account. If it's a 529 plan, the earnings might not be taxable at all if used for qualified education expenses. The $127 you mentioned - is that actually taxable interest or could it be 529 earnings that aren't subject to tax? Worth clarifying this before you go through the trouble of filing a superseded return, especially since the amount is relatively small.

Just to add some clarity on the process - when you file a superseded return, make sure you're using the exact same filing status, Social Security numbers, and other key identifying information as your original return. This helps the IRS match it up correctly with your original filing. Also, since you mentioned you used IRS Free File originally, you won't be able to use that system again for the superseded return (as others mentioned). You'll need to either use commercial tax software that can print forms, download the forms directly from IRS.gov, or visit a VITA site if you qualify for free help. One more tip: when you calculate the difference you owe, remember that the $127 interest income might also affect other parts of your return slightly (like if you're close to any income thresholds), so make sure you recalculate the entire return rather than just adding the tax on $127. The good news is this is exactly the kind of situation superseded returns are designed for - you caught the error before the deadline and you're being proactive about fixing it. The IRS appreciates that!

This is definitely not normal professional behavior. I've been doing my own taxes for years, but when I used an accountant, they always communicated major decisions like extensions beforehand. What really concerns me is that you've been owing significant amounts ($7,500 last year) and your accountant isn't helping you plan for this. A good tax professional should be proactive about estimated payments or adjusting withholdings to avoid these large year-end bills, especially when it's a recurring pattern. The communication issue is the biggest red flag though. Tax season is busy, but that doesn't excuse going radio silent or making unilateral decisions about your finances. You're paying for a service, and part of that service should be keeping you informed about what's happening with your return. I'd strongly recommend looking for a new accountant. When you interview potential replacements, ask specifically about their communication practices and how they handle extensions. A professional will have clear processes for both.

I'm dealing with something very similar and this thread has been so helpful! My accountant also filed an extension without telling me, and like you, we consistently owe money each year. What really gets me is that we're basically giving the IRS an interest-free loan through our withholdings all year, then getting surprised with a big bill months later. After reading through everyone's experiences here, I'm realizing this is more about finding an accountant who treats you like a partner in managing your taxes rather than just someone who fills out forms once a year. The fact that your guy never suggested adjusting withholdings after multiple years of owing $7,500+ is pretty telling. I think I'm going to follow some of the advice here about interviewing new accountants with specific questions about communication and proactive planning. Thanks for posting this - it's reassuring to know we're not the only ones dealing with this kind of frustration!