I acquired an LLC (single-member, California) in April 2019. I have a number of 1099s to generate for people who did work for the LLC for the full year.
Do I generate full-year 1099s for each contractor and "behind the scene" breakdown the payouts for myself and the previous owner's estate for tax returns, or do I do two sets of 1099s for each contractor, one from the previous owner and one from myself, each for the partial year they worked for the respective owners?
The LLC has remained unchanged, other than the name of the owner. The previous owner willed it to me