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I have a 1099-NEC from one of my company's customers. Under Recipient's TIN it lists the company EIN. Do I have to report this as belonging to me personally?

1099-NEC TIN is EIN
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2 Replies

I have a 1099-NEC from one of my company's customers. Under Recipient's TIN it lists the company EIN. Do I have to report this as belonging to me personally?

You have to accurately report your business income regardless of the paperwork, but you don't have to report income that isn't yours if the paperwork is wrong.

 

Your question doesn't really make sense to me.  If you have a sole proprietorship (you are an independent contractor) and your sole prop has its own EIN, you still report all your independent contractor income on schedule C regardless of whether the client used your EIN or your SSN.

 

If the payer made a mistake and used their EIN instead of your EIN, it's still your business income (if you did the work) and you are required to report it.  You should probably inform them of the mistake.  

I have a 1099-NEC from one of my company's customers. Under Recipient's TIN it lists the company EIN. Do I have to report this as belonging to me personally?

OK ... if you are filing a Sch C then all income reported in your SS# AND the company's EIN are both entered on the same Sch C form.  Remember when you got the EIN for the Sch C business you used your SS# as the responsible party for that business and the 2 were interlocked.   LOOK at the Sch C ... both numbers should be on the form if you correctly entered it in the business info section.

 

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