BrittanyS
Expert Alumni

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.  

 

@Kandyrob

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