1099 LLC Filing As Corp

[Auto]

Hi, Does an LLC that has elected to file as a corporation still get a 1099?

[ChEAr$]

1099

Hi, Does an LLC that has elected to file as a corporation still get a 1099?

My answer was formulated just yesterday when a client sent me a copy of the W9
furnished them by such an organization .

Since IRS doesnt' really recognize an LLC as separate entity, my reasoning is that the
default organization form controls.

[Auto]

W9

That's what my client received. A W9 with corporation checked. I'm thinking they do not need a 1099.


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Just checked with the IRS. If the W9 is checked Corporation, they don't need a 1099 (unless they meet one of the exceptions for corporations i.e. attorneys, etc.)

[ChEAr$]

What???/

That's what my client received. A W9 with corporation checked. I'm thinking they do not need a 1099.


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Just checked with the IRS. If the W9 is checked Corporation, they don't need a 1099 (unless they meet one of the exceptions for corporations i.e. attorneys, etc.)

You actually checked with IRS?
why didn't I think of that? (grin)

[Auto]

checked with IRS

Yes. I like to get those ID numbers, names and dates and keep it with the tax return file. It could come in handy.