A large Federal agency issued me (2) 1099 Misc (box 6). Part of the year was assigned to my S-Corp FEIN. The remaining 8 months was assigned to my name and SS#. They are REFUSING to amend this. I know I need to report the income on my personal tax return, then create a nominee 1099 misc from my personal tax return issuing the revenues from my SS# back to the S Corp's FEIN. When I enter the 1099 misc. on my personal tax form, Turbo tax wants to set up an Schedule C. (I normally complete Form 1120S and issue myself a K-1). Do I need to set up a business under my name/SS# in order to complete the Nominee 1099 misc returning these funds back to the S Corp? Can this be done without setting up a business return (Schedule C) for an entity I did not run in any sense of the word?
