turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Which 1099 do I prepare for the Accountant that did the taxes for my LLC last year (2022)?

What 1099 am I supposed to prepare, because the instructions are confusing?
I have a multi-member (partnership) LLC. Last year I paid $700 to an Accountant (from an Accounting LLC) to prepare my LLC 2021 taxes.  Using their billing system, I used my LLC Debit Card to make the full payment.
TT Business is not clear on whether to use a 1099-MISC or 1099-NEC.  Also, when trying either, at the bottom of the initial information page it says "Note: Do not include amounts paid electronically (ie. through debit/credit card,..."

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Which 1099 do I prepare for the Accountant that did the taxes for my LLC last year (2022)?

STOP ... no 1099 is required since you paid with a CC/debit card.  The accountant will get a 1099-K from the CC company. 

View solution in original post

2 Replies

Which 1099 do I prepare for the Accountant that did the taxes for my LLC last year (2022)?

STOP ... no 1099 is required since you paid with a CC/debit card.  The accountant will get a 1099-K from the CC company. 

Which 1099 do I prepare for the Accountant that did the taxes for my LLC last year (2022)?

Wow, thank you. The Accountant I worked with told me that I needed to file one with her group this year. Maybe she didn't realize that her company process preferred CC payments.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question