I'm trying to prepare my 2022 taxes (using TurboTax Deluxe, if you care).
In Jan I got hired as a software engineer for a non-US company who at the time was unable to hire me as W2.
Given the size of the monthly payments I expected to earn in 2022 from them, it looked like S corp would be advantageous. So, in the beginning of 2022, I created a 1-person LLC. I set myself up as a W-2 employee of my LLC and paid myself on payroll. I also created a solo 401k.
However, in May, they opened a US entity and were able to hire me as W2. I stopped doing work for my LLC (but I've kept the business legally open), since its only customer was the company who converted me to W2. So my LLC's earnings were less than $100k for the year, and it probably doesn't make sense to file a late election for S corp.
I'm starting to feel worried that I'm getting taxed "twice" (or more than I should). My 1-person LLC paying me W-2 payroll already had taxes withheld. (For example, I've paid FUTA and SUTA via payroll.)
How can I clear up this mess and minimize the "cost" of this "mistake"?
