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Can an llc filing as a SCORP file a 1099? I know they should file a w-2 but do they have to?

chipfp
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IRonMaN
Level 15

Yes, they have to file W-2s.  It's pretty hard to say someone is an independent contractor when they are in effect working for themselves.  Time to file late payroll tax returns and make those payroll tax payments ………………. and then be ready for the penalties.  People really need to sit down with a professional before they start these hair brained journeys rather than after.

ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)

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IRonMaN
Level 15

Yes, they have to file W-2s.  It's pretty hard to say someone is an independent contractor when they are in effect working for themselves.  Time to file late payroll tax returns and make those payroll tax payments ………………. and then be ready for the penalties.  People really need to sit down with a professional before they start these hair brained journeys rather than after.

ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)

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abctax55
Level 15

Similar thread, same answer:

https://accountants-community.intuit.com/questions/1814553-100-owner-of-scorp-need-to-issue-1099-to-...

W-2 is required.

Former Chump..oops..AllStar...I used to be a people person, then people ruined it


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