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.

What should I do? My wife was issued 1099s with her SSN, but the business is an LLC taxed as an S-Corp.

 
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 Reply
PatriciaV
Employee Tax Expert

What should I do? My wife was issued 1099s with her SSN, but the business is an LLC taxed as an S-Corp.

If your wife is a shareholder of the S-Corp and the income reported on Forms 1099 belongs to the S-Corp, you can report that on the S-Corp Form 1120S return. As long as the 1099 income is reported on a tax return, you have satisfied the IRS requirements.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question