I operate an e-commerce business as a single member LLC. My LLC is registered in Illinois, but I live in Iowa.
Shopify sent me a 1099-K that was issued to my LLC (not my personal name & address), so it lists my business address on the return and state of IL in box 6.
Does this need to be corrected? I lived in Iowa the entire year of 2023 and operated the business from my home in Iowa, so I assume because a single member LLC is a pass-through entity than I would pay the state income taxes to Iowa.