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Business & farm
When it comes to federal taxes, the only difference between an LLC (single or multi) and a partnership, is the spelling. (Literally!) The IRS considers both types to be disregarded entities. Under no circumstances and with no exceptions will the owner of a disregarded entity issue themselves a W-2, 1099-MISC.
For a partnership or multi-member LLC, each owner will be issued a K-1 which each owner will need in order to complete their individual personal 1040 tax returns.
Do not confuse this with a multi-member LLC that has elected to be "treated like a S-Corp or C-Corp". This election is moot in your case, as if you had made that election, you would know it and would have told us.
‎January 1, 2020
4:22 PM