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Investors & landlords
I would not recommend that you use the LLC EIN on form 6781; which would require an override.
This would most likely cause confusion at the IRS with it being attached to your 1040.
As was noted, a single-member LLC is considered a disregarded entity and all activity is reported on your individual tax return. Use your SS# and name on the form 6781.
I would not worry about the 1099-B being reported with the LLC EIN. Should you ever get a notice, this can easily be explained in a reply to the IRS.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎January 3, 2024
1:32 PM
1,549 Views