topic 1099K with EIN, but I am a single entity LLC in Business & farm

1099K with EIN, but I am a single entity LLC

OBAAT — Tue, 10 Mar 2026 07:24:48 GMT

Stripe stated they will be sending a 1099K with my business EIN, but I am a single entity LLC and I file using my SSN on Schedule C. Do I need to have the 1099K under my SSN?

Re: 1099K with EIN, but I am a single entity LLC

Mike9241 — Sat, 10 Dec 2022 17:20:52 GMT

NO an SMLLC can have an EIN. some use it to avoid having to give their SSN to suppliers but generally, you need a business bank account to get an EIN.

Re: 1099K with EIN, but I am a single entity LLC

OBAAT — Sat, 10 Dec 2022 17:30:26 GMT

But will I run into issues with tax reporting when the 1099 has the EIN but I don't use that as a SMLLC

Re: 1099K with EIN, but I am a single entity LLC

AmeliesUncle — Sat, 10 Dec 2022 20:19:34 GMT

The 1099 should be issued to YOU, using either your SSN or the EIN for YOU (not the LLC's EIN, which is only used for payroll or excise taxes).

Re: 1099K with EIN, but I am a single entity LLC

Critter-3 — Sun, 11 Dec 2022 18:17:31 GMT

OK ... FYI ... when you GOT the EIN for the SMLLC you linked it to your SS# (remember doing that on the SS-4 form ?) and then on the Sch C you file BOTH the EIN & SS# are listed on it so any 1099 issue to either number are automatically linked to that very Sch C. There is no issue to deal with ... you did everything correctly.

Re: 1099K with EIN, but I am a single entity LLC

Carl — Wed, 14 Dec 2022 01:50:33 GMT

It does not matter if the tax reporting document received has your SSN or EIN on it. Since the IRS issued you the EIN, they already know what SSN that EIN is tied to. Just enter the tax reporting document exactly as printed.