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It goes on Schedule E.
A Single Member LLC that has not made an election to be taxed as a corporation is a "disregarded entity". That pretty much means you ignore that the LLC exists (for income tax purposes). Because you ignore the LLC exists, you treat it as any other rental property, so it goes on Schedule E.
It goes on Schedule E.
A Single Member LLC that has not made an election to be taxed as a corporation is a "disregarded entity". That pretty much means you ignore that the LLC exists (for income tax purposes). Because you ignore the LLC exists, you treat it as any other rental property, so it goes on Schedule E.
If you paid to an individual then the below may not apply.
Exceptions. Some payments do not have to be reported on Form 1099-MISC, although they may be taxable to the recipient. Payments for which a Form 1099-MISC is not required include all of the following.
• Generally, payments to a corporation (including a limited liability company (LLC) that is treated as a C or S corporation). However, see Reportable payments to corporations, later.
Reportable payments to corporations. The following
payments made to corporations generally must be reported
on Form 1099-MISC.
• Medical and health care payments reported in box 6.
• Fish purchases for cash reported in box 7.
• Attorneys' fees reported in box 7.
• Gross proceeds paid to an attorney reported in box 14.
• Substitute payments in lieu of dividends or tax-exempt
interest reported in box 8.
• Payments by a federal executive agency for services
(vendors) reported in box 7.
https://www.irs.gov/pub/irs-pdf/i1099msc.pdf
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