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Can I still file under my llc if the 1099 is in ny personal name?

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SabrinaD2
Employee Tax Expert

Can I still file under my llc if the 1099 is in ny personal name?

It depends on the type of LLC. You may be able to file under your LLC if the 1099 is in your personal name. 

 

Here are some key points to consider:

  • Sole Proprietorship/Single-Member LLC: If your LLC is a sole proprietorship or single-member LLC, you can report the income on Schedule C of your personal tax return
  • LLC Taxed as S-Corp, C-Corp, or Partnership, etc.. If your LLC is taxed as an S-Corp or partnership, the 1099s should ideally be issued in the LLC's EIN. You may need to ask for a corrected 1099.You should first file the business tax return as needed. Then, report your part of the LLC's earnings on your personal tax return using the K-1 form given to you by the LLC.
  • Type of 1099 Form: For a more complete answer, please let us know which type of 1099 it is (e.g., 1099-NEC, 1099-B, 1099-DIV, 1099-MISC)
  • The best course of action is to obtain a corrected 1099

If it is a 1099-NEC click here for additional instructions

 

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