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ficco-va
New Member

Do I need to amend a return I've filed if I added both w2 income and 1099 income under the same SSN? The 1099 income was actually sent to the EIN of my LLC.

LLC has just one owner, but I can't see where I can change the info on the 1099.  I think TurboTax asked the question during the beginning but I can't get back to it.

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1 Best answer

Accepted Solutions
DS30
New Member

Do I need to amend a return I've filed if I added both w2 income and 1099 income under the same SSN? The 1099 income was actually sent to the EIN of my LLC.

No, you will not need to amend your return related to this EIN on your LLC's 1099-MISC.

Since your LLC is considered a disregarded entity for federal income tax purposes, you will report this 1099-MISC income on Schedule C under your SSN. The IRS knows that disregarded LLC's income and expense amounts will be reported this way so having an EIN for the LLC on your 1099-MISC will not be an issue.

Just keep a copy of your 1099-MISC with your tax files for future reference.

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1 Reply
DS30
New Member

Do I need to amend a return I've filed if I added both w2 income and 1099 income under the same SSN? The 1099 income was actually sent to the EIN of my LLC.

No, you will not need to amend your return related to this EIN on your LLC's 1099-MISC.

Since your LLC is considered a disregarded entity for federal income tax purposes, you will report this 1099-MISC income on Schedule C under your SSN. The IRS knows that disregarded LLC's income and expense amounts will be reported this way so having an EIN for the LLC on your 1099-MISC will not be an issue.

Just keep a copy of your 1099-MISC with your tax files for future reference.

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