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You should not get a 1099-Misc if you are a partner in the LLC, you should get a K-1, so yes, removing the 1099's and adding the K-1 should have you properly reporting your income.
The LLC should have issued you a 1099-MISC for only your percentage share. You should request the LLC to provide you with a corrected 1099-MISC only showing your percentage share.
My dad just gave me a Schedule K-1 (Form 1065) for the same account. Would removing the 1099-MISC and adding the K-1 solve this problem as well?
You should not get a 1099-Misc if you are a partner in the LLC, you should get a K-1, so yes, removing the 1099's and adding the K-1 should have you properly reporting your income.
Thanks so much!
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