Question

What should I do? My wife was issued 1099s with her SSN, but the business is an LLC taxed as an S-Corp.

Forum|Forum|1 year ago
March 9, 2025
1 reply
0 views

No text available

If your wife is a shareholder of the S-Corp and the income reported on Forms 1099 belongs to the S-Corp, you can report that on the S-Corp Form 1120S return. As long as the 1099 income is reported on a tax return, you have satisfied the IRS requirements.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"