1099

Hi, I have two (one under my name and other under my son name) s-corporate, the company we work with, put all income under one company, can I make a 1099 for second company from first company (which recieved total amount)?

posted

Yes, you can create a new 1099 from the entity that received the full amount and direct it to the alternate EIN so that each S Corp is allocated the correct revenue.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"