1099-B for business?

dbreland · ‎January 30, 2021

Hello,

I have a 1099-B from brokerage accounts personally and for my single-member LLC. I see where to enter the information in the personal section, but do not see a 1099-B or broker statements function on the business side.

Where do I enter stock/options info from my broker for the LLC?

Thanks!

Anonymous_ · ‎January 30, 2021

@dbreland wrote:
Where do I enter stock/options info from my broker for the LLC?

In the same section you entered it previously; in the Personal tab (personal section).

If you are a sole proprietor (including a single-member LLC filing on Schedule C), dividends, capital gains, and the like are not "business income" unless you are considered to be a dealer in securities.

View solution in original post

Anonymous_ · ‎January 30, 2021

@dbreland wrote:
Where do I enter stock/options info from my broker for the LLC?

In the same section you entered it previously; in the Personal tab (personal section).

If you are a sole proprietor (including a single-member LLC filing on Schedule C), dividends, capital gains, and the like are not "business income" unless you are considered to be a dealer in securities.