You'll need to sign in or create an account to connect with an expert.
No.
if you want to get 1099's in business name you'll need to get an EIN. this is advisable so you can keep your SSN private. you would then need to give the vendors a w-9 using the EIN
https://www.irs.gov/pub/irs-pdf/fw9.pdf
if you do this expect two 1099s from vendors - one using your SSN and the other the EIN
If your business is a sole proprietorship or single member LLC that reports business income/expenses on SCH C as a part of your personal 1040 tax return, then under no circumstances will you issue yourself any type of tax reporting document. There are no exceptions to this.
Actually you can just enter it as Other self employment income or as Cash or General income. You should be keeping your own records. You don't need to get a 1099NEC or 1099Misc or 1099K. Even if you did you can enter all your income as Cash. Only the total goes to schedule C.
How to enter income from Self Employment
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
rowdybis
New Member
Mahmoud_1
New Member
jen-williams
New Member
wilsonjamie35
New Member
deca524373
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.