Make sure you've updated your name with ALL these places too or you'll have a nightmare at tax time: - Social Security Administration (sounds like you did this) - Your employer's HR department for W-2 purposes - Any banks or investment accounts that issue 1099s - State tax authority - Any retirement accounts - Property records if you own real estate I learned this the hard way after changing my name. The W9 for Capital One is just one piece - if these other places have different versions of your name, it creates red flags in automated matching systems.

Just went through this exact situation last month! Since you've already updated your name with the Social Security Administration and have your new card, you're in good shape. Simply fill out the W9 with your current legal name (new first and middle name) exactly as it appears on your updated Social Security card. The key thing to remember is that the IRS tracks everything by your SSN, not your name. As long as your SSN and name match what's in the Social Security Administration's records, you won't have any issues. I'd recommend including a copy of your legal name change documentation with the W9 when you submit it to Capital One - not because it's required, but because it helps prevent any confusion on their end if they have older records under your previous name. This extra step can save you from potential follow-up questions or delays in processing your credit card application. The W9 form's instructions focus on last name changes because those are more common and can affect how businesses search for you in their systems, but the same principle applies to any legal name change - just use your current legal name and you're all set!

As someone who just went through this exact process last month with my German-owned LLC, I can confirm that the $500 estimate is pretty accurate if you handle most of it yourself with online tools. Here's my actual breakdown: - State dissolution filing (Delaware): $220 - taxr.ai subscription for the tax forms: $89 - Bank account closure fees: $25 Total: $334 The taxr.ai platform absolutely handled the Form 5472 and pro forma Form 1120 - that's exactly why I chose it after reading similar threads. It walked me through each section and even caught a mistake I made in the ownership percentage reporting. The system is specifically designed for these foreign ownership scenarios. What really impressed me was how it handled the timing. It recommended I complete all tax filings before submitting the state dissolution paperwork, which several people here have mentioned is important. The platform also generated a dissolution checklist specific to my state's requirements. One tip: start with the free assessment on taxr.ai to see exactly which forms your brother needs before committing to anything. In my case, it confirmed I needed the 5472/1120 combo plus a final 1040-NR, but it might be different depending on his specific situation and the state where the LLC was formed. The $25,000 penalty is real and they're not kidding about enforcement - I know someone who got hit with it two years after their "ghost dissolution" attempt. Worth every penny to do this right.

I've been lurking in this community for a while and finally decided to jump in because this thread perfectly captures the confusion I had when closing my own foreign-owned LLC earlier this year. What strikes me most about all the advice here is how consistent everyone is about NOT taking the "ghost dissolution" route. I almost made that mistake myself - it seems so tempting when you're broke and the business failed, but the potential consequences are genuinely scary. One thing I haven't seen mentioned yet is the importance of properly closing any business bank accounts AFTER you handle the tax filings but BEFORE the state dissolution is complete. I learned this the hard way when my bank froze my account mid-dissolution because they couldn't verify the entity status. Had to provide them with copies of all the tax filings to prove everything was being handled properly. For anyone considering the DIY route with online tools, I'd also recommend keeping detailed records of every step you take. Screenshot confirmations, save all PDF copies, keep email receipts - basically create a paper trail that proves you handled everything by the book. If the IRS or state ever questions something years later, having that documentation is invaluable. The foreign ownership reporting requirements really are as complex as everyone is saying, but they're not impossible to navigate if you use the right resources and don't try to cut corners. Better to spend a few hundred dollars now than potentially deal with five-figure penalties later.

called the irs about this last month - got transferred 3 times just to get the same answer: no weekend deposits period.

Just to add some context - this is actually due to the Federal Reserve's payment processing system (ACH) which doesn't operate on weekends or federal holidays. It's not just the IRS being old-fashioned, it's the entire banking infrastructure. Your refund gets queued up and processes on the next business day. Most banks will show "pending" deposits over the weekend but won't actually credit your account until Monday.

Your probably in a higher tax bracket now with both incomes combined. Its like the govt thinks your making less than you are when each W2 gets procesed separately so they take less tax. Then when you combine them its like "surprise you make more than we thought so give us more money now!" I had this same problm last year when I had two jobs. My tax guy said to always check the "withhold at higher single rate" box on your W4 if you have multiple income sources or just put an extra $50 per check in the "additional withholding" line. Saves the surprize bill in April!

This exact thing happened to me last year! The frustrating part is that both payroll systems were technically calculating withholding "correctly" based on what they knew, but they had incomplete information. What helped me understand it was thinking about it like this: if you make $30k total but each payroll system only sees $15k, they each calculate withholding as if you're in the lower tax brackets for the full year. But when the IRS sees your actual $30k income, some of that money should have been taxed at higher rates. For next year, I'd definitely recommend using the IRS withholding calculator mid-year to check if you're on track. You can also ask HR to withhold an extra $20-30 per paycheck on your W-4 form (line 4c) as a buffer. Better to get a small refund than owe money again! The good news is that once you understand why it happened, it's pretty easy to prevent in the future. Just gotta make sure your withholding accounts for your total expected income, not just what each individual employer sees.

I'm dealing with a very similar situation right now! Filed an extension, made an overpayment, then mailed my completed return in August with Form 8958 (also MFS in a community property state). USPS shows delivered but the IRS has no record of it. Reading through all these responses, I'm definitely going to try calling and asking specifically for "Accounts Management" - that tip about Form 8958 filings getting stuck in manual review makes perfect sense. I had no idea there were different departments with access to different systems. For what it's worth, I also tried the "Where's My Refund" tool online and it just says my information doesn't match their records, which is exactly what you'd expect if the return is sitting in some processing limbo. The frustrating part is that I'm also owed a refund (about $900) from my extension overpayment, so this delay is costing me money I could really use right now. But it sounds like once you get to the right department, they can actually resolve these issues pretty quickly. Thanks everyone for sharing your experiences - this thread has been way more helpful than the three different IRS reps I've spoken with so far!

This is such a frustrating situation, but you're definitely not alone! Based on what I'm reading here, it sounds like your return might be caught up in the same manual review process that affects a lot of MFS filers with Form 8958. A few additional thoughts that might help: - Keep detailed records of every phone call you make to the IRS, including date, time, rep name (if they give it), and what they tell you. This documentation will be crucial if you need to escalate later. - When you do get through to Accounts Management, ask them to put notes in your file about the missing return and the steps they're taking. This way if you have to call back, the next rep can see the history. - Consider also requesting a "wage and income transcript" while you're on the call - this will show if your employer's W-2 information matches what you filed, which can help rule out other processing issues. The good news is that since you have USPS tracking showing delivery, you should be protected from any late filing penalties even if this takes longer to resolve. The IRS generally accepts postal service delivery confirmation as proof of timely filing. Hang in there - it sounds like most people in this thread eventually got their situations resolved once they reached the right department. Your $1,400 refund is definitely worth the effort to track down!