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Level 2
October 3, 2022
Solved

FORM 1096

  • October 3, 2022
  • 1 reply
  • 7 views

Does a single member LLC file a 1096 if it is going to distribute 1099-nec or should they just add it to the schedule c on contractors.

Best answer by Anonymous_

See https://www.irs.gov/forms-pubs/about-form-1096

 

Form 1096 is the annual summary and transmittal form for certain information returns (such as 1099-NEC).

 

Also, your profile indicates you are using TurboTax Business which is not used to file a return for a single-member LLC unless there has been an election to be treated as a corporation for federal income tax purposes.

1 reply

Level 15
October 3, 2022

See https://www.irs.gov/forms-pubs/about-form-1096

 

Form 1096 is the annual summary and transmittal form for certain information returns (such as 1099-NEC).

 

Also, your profile indicates you are using TurboTax Business which is not used to file a return for a single-member LLC unless there has been an election to be treated as a corporation for federal income tax purposes.

Level 2
October 3, 2022

I'm using pro series and I was confused when someone asked me this.