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jkamyiu
Returning Member

Tax Year Prior to 2020: Do I need to send two separate 1099-MISC forms if I incorporated in the middle of the year?

Last year, I operated my company as an LLC until April, where I then incorporated into S-Corp. Therefore, I have two different TINs the last year.
 
For each subcontractor, do I need to file two separate 1099-MISC forms, where one includes my previous TIN and amount paid while as an LLC, and another one with my new TIN and amount paid as an S-Corp?
 
Or can I just file everything under my current TIN and lump everything together for the year?
 
Thanks,
John

4 Replies
VictorW9
Expert Alumni

Tax Year Prior to 2020: Do I need to send two separate 1099-MISC forms if I incorporated in the middle of the year?

No, you may have to file 1099 Misc for both EINs separately and issue them to your contractors. 

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jkamyiu
Returning Member

Tax Year Prior to 2020: Do I need to send two separate 1099-MISC forms if I incorporated in the middle of the year?

Thanks, to clarify you are suggesting that I do two separate forms for each EIN? Thanks!

VictorW9
Expert Alumni

Tax Year Prior to 2020: Do I need to send two separate 1099-MISC forms if I incorporated in the middle of the year?

Yes, that's what I'm suggesting.

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jkamyiu
Returning Member

Tax Year Prior to 2020: Do I need to send two separate 1099-MISC forms if I incorporated in the middle of the year?

Thank you!

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