Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Where do I enter EIN for single member LLC on the Schedule E of Form 1040?

Highlighted
Level 1
last updated ‎January 09, 2020 10:30 AM
 
Labels (1)
0 Cheers
4 Replies 4
Highlighted
Level 9
Level 9
last updated ‎January 09, 2020 10:30 AM
It doesn't get entered since it is a disregarded entity.
Highlighted
Level 1
last updated ‎January 09, 2020 10:30 AM

thank you - 

My greatest concern is that From 1099-Misc are being issued under the LLC EIN and without reporting, there is no way for the IRS to match.

0 Cheers
Highlighted
Level 12
last updated ‎January 09, 2020 10:30 AM

The 1099-MISC should not be issued to the disregarded LLC.  The instructions on the W-9 are quite clear that it should be to the individual's name and ID number.

Spoiler
I'm hiding.  Smiley Very Happy


 

Highlighted
Level 15
Level 15
last updated ‎January 09, 2020 10:30 AM

@TaxGuyBill wrote:

The 1099-MISC should not be issued to the disregarded LLC.  The instructions on the W-9 are quite clear that it should be to the individual's name and ID number.


BILL!   Long time no see!   We've missed you around here!   🙂


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪