- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Yes, you can report the 1099 on the Schedule C for the LLC. The IRS looks for the business owner's SSN or EIN when receiving a 1099 form. However, the IRS is matching income to the return. If you choose to use the LLC's EIN, you may receive a follow-up from the IRS requesting information to ensure the income was reported properly.
Be sure to maintain accurate records to show the income was received and reported on your tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 31, 2023
6:10 AM