I am a general contractor to the LLC, I'm the one receiving the 1099 which includes the amount I received from the transactions plus the amount the LLC received from the same transactions. The LLC (not me) was issued lets say $10K, my portion was $7K which was paid to myself and the LLC kept the other $3K. Since I was assessed the $10K and will be deducting the $3K, do I need to issue a 1099 to the LLC?
