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Business & farm
I just want to be sure I understand this correctly. I have two businesses. One is an S-Corp and one is LLC. Both with different names. Can I prepare my S-Corp tax return (1120S) and prepare 1099-NEC with the LLC? I do not do a tax return for the LLC because I add that income on Schedule C personal return. I just want to prepare the 1099-NEC for the LLC business.
‎January 27, 2021
1:18 PM