Hi, I have been looking into changing my LLC filing status to S corp due to an large increase in my freelance work income on top of my W2 job (and also filing jointly with my wife).
However, it would be from the same client and I don't plan to change my business/LLC so the EIN will be the same and thus I'm assuming they will only send out a single 1099 for before and after my tax filing change.
I haven't met with an accountant yet, but from what I've been reading it seems I cannot split a single 1099 into two different filings for my individual and also the S corp? So it would be better to just change the filing status to align with the new tax year/calendar year? Thanks!
