The income from the 1099-Misc is already captured on the K-1 that is being filed for a multimember LLC. It seems as though the information will be redundant if I enter the 1099-MISC in Deluxe as well as the K-1 since the K-1 already takes into account all of the business information that was generated. Am I correct in my thinking? If so I should just hold onto the 1099-Misc for my tax records and not send off to IRS since not required with Form 1065?
