I have a multimember WY parent LLC 100% owns subsidiary TX single member LLC.
The EIN of TX LLC now its tied to a person only SSN, it cannot be another EIN anymore, which is the person responsible for the parent LLC.
If the TX LLC gets a 1099 the person will have to include that income on their personal taxes separate from K1, so IRS match the EIN with SSN. and what would happen with the income reported at the 1065?
Also how to file the TX LLC not as partnership with the state?