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Yes, an LLC can receive a 1099 form if it is treated as a sole proprietorship or partnership for tax purposes. This typically occurs when a business pays the LLC $600 or more for services rendered. However, if the LLC has elected to be taxed as a corporation, it generally does not receive a 1099. Always consult with a tax professional for specific situations.
What else can I help you with?
When will you we receive a 2009 Form 1099-R from Pershing LLC?
You should receive your 2009 Form 1099-R from Pershing LLC by January 31, 2010, as financial institutions typically send out these forms by this date for the previous tax year. If you have not received it by then, it is advisable to check with Pershing LLC directly or access your account online to download the form.
Is a 1099 Misc form required for rent paid to a landlord?
I am the owner of a small LLC, and pay rent every month for a small office to the building owner. Am I required tom Ile a 1099 Misc to report this amount?
Where do i find 1099 r and 1099 c forms for 2008?
1099-r and 1099-c forms for 2008 is find at www.irs.gov.
Have the 1099 forms been mailed?
The mailing of 1099 Forms vary by its number and filing requirements. Check the IRS Forms and Publication Website by its specific number, 1099-A, 1099-MISC, or 1099-SA instructions for mailing and available dates as posted.
Should board member compensation be reported on w2 or 1099?
1099
Does an LLC corporation receive a 1099 form?
No, an LLC corporation does not receive a 1099 form.
Was the 1099 issued to an individual instead of an LLC?
Yes, the 1099 was issued to an individual instead of an LLC.
Do LLC partnerships receive a 1099 form?
No, LLC partnerships do not receive a 1099 form. Instead, the individual members of the LLC may receive a 1099 form for their share of the income.
Does an LLC operating as an S corporation receive a 1099?
No, an LLC operating as an S corporation does not receive a 1099.
Does an LLC taxed as a corporation receive a 1099 form?
No, an LLC taxed as a corporation does not receive a 1099 form.
Does an LLC structured as a C corporation receive a 1099 form?
No, an LLC structured as a C corporation does not receive a 1099 form.
Does an LLC taxed as an S Corp receive a 1099 form?
No, an LLC taxed as an S Corp does not receive a 1099 form.
Does an LLC taxed as an S Corporation receive a 1099 form?
No, an LLC taxed as an S Corporation does not receive a 1099 form.
Do you need to issue a 1099 form to an LLC?
Yes, if you paid an LLC 600 or more for services rendered during the tax year, you are required to issue a 1099 form to the LLC.
Do you have to send a 1099 to an LLC?
Yes, if you paid an LLC 600 or more for services during the tax year, you are required to send them a 1099 form.
Does an LLC receive a 1099 form?
Yes, an LLC can receive a 1099 form if it receives income that meets the reporting requirements set by the IRS.
Does an LLC that has elected to be taxed as an S Corporation receive a 1099 form?
No, an LLC that has elected to be taxed as an S Corporation does not receive a 1099 form.
