Have a Tax Question? Ask a Tax Expert
If you are a multi-member LLC you should be filing a Form 1065 (partnership return) and issuing K-1's rather than 1099's for the members. The only exception would be if the LLC, and its members, have elected to be taxed as a corporation or S corporation. If that is the case there are some different filing requirements.
If you need additional information, assistance, or clarification, please let me know.