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As an LLC, do I have to enter each 1099 misc received separately or I can record them as "total sales"?
I'm in the transportation industry and received about 50 1099 Misc forms. I have 1099 Misc from brokers but also from my factoring company. Do I have to enter each 1099 misc separately or can I record my revenues are sales revenue and move on? I'm concerned because first, I have over 50 of them, and, second, some may be duplicated due to the fact that my factoring company also sends me the 1099 Misc form.
‎June 15, 2020
3:12 PM