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Investment real estate properties LLC was formed with 2
Investment real estate properties LLC was formed with 2 members and was filed in 1065. One member is individual and other member is single member LLC. Investment real estate properties LLC received Re… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,382 satisfied customers
IRS tax question: is there a way to get 1099-Misc reported
IRS tax question: is there a way to get 1099-Misc reported to the IRS to your EIN instead of SSN on some sort of wage and income transcript? If not, how can they connect the 1099 to your SSN? Please p… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
IRS Tax Question: Client registers in the State of Texas as
IRS Tax Question: Client registers in the State of Texas as an LLC for a rental property that they co-own with their spouse. For IRS purposes, they don't apply for the EIN as an LLC, but as a Partners… read more
Barbara
Barbara
Enrolled Agent, Paralegal
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Tax Experts Property was purchased in LLC Name (two
Tax ExpertsProperty was purchased in LLC Name (two partners). Partnership filed 1065 forms in 2014, 2015. In 2015 one partner bought interest of another and final partnership tax return has been filed… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
Maybe. How much will it cost me? I have a W-9 and 1099 misc
OK I started my own LLC about 5 months ago. Im the sole member so I understand that the IRS sees me as a disregarded entity. I also do not get taxed as a corporation and I do not at this time have any employees. I do construction and I very often have sub contractors do work for me. I do have an EIN under the name of the LLC. Of from what im reading the IRS asks that disregarded entities use their SSN on W-9 and 1099 Misc forms. I do not like this idea because of privacy issues. Thats why i thought I obtained an EIN. Do I in fact have to use my SSN on W-9 and 1099 misc? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have received a request from a payer for an incorrect TIN
Hi, I have received a request from a payer for an incorrect TIN (they received notice CP-2100A from IRS). I have a single member (myself) LLC and filled out the W-9 with my personal SSN. Should I use … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,382 satisfied customers
If i filed as an llc, should I elect to be an S corp? a
If i filed as an llc, should I elect to be an S corp? a customer is asking for W9 and I don't want to put my ss# ***** there. Also, when do i need to elect to be an S corp? Thanks… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,122 satisfied customers
I run an online business (translation services) I am very
Hello, I run an online business (translation services) I am very confused on how to file my taxes. It is an LLC registered in Delaware. How are these taxed? I use a merchant processor who is supplying… read more
Tax.appeal.168
Tax.appeal.168
Principal
8,674 satisfied customers
I am entering tax information to the place that i will receive
i am entering tax information to the place that i will receive royalty payments for my book, if it sells. i decided to enter my LLC as the payee. i am the only owner on the choices there are individua… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
I am currently a member with 10% ownership of an LLC which
I am currently a member with 10% ownership of an LLC which generates about $2 million annually in revenue and out of which I receive roughly $250,000 via payroll. I have decided to engage in a side bu… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,490 satisfied customers
I have a single-member LLC in a state (NY) that allows for
I have a single-member LLC in a state (NY) that allows for such things. I am a disregarded entity for tax purposes, and therefore file my income tax return under my social security number. However, fo… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife recently started an LLC business, but for tax purposes,
My wife recently started an LLC business, but for tax purposes, as a single-member LLC, she wishes to be taxed as a Sole Proprietor. I understand that on the W-9, the Name is ***** ***** of the busine… read more
taxmanrog
taxmanrog
Master's Degree
2,946 satisfied customers
Hi. I own a single-member LLC. I provide my SSN to my clients
Hi. I own a single-member LLC. I provide my SSN to my clients on form W-9 and my business income flows through to my personal. My question: When I'm completing 1099-MISC for those who have supported m… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Hello again Lev, the info you gave me yesterday was very helpful,
Hello again Lev, the info you gave me yesterday was very helpful, yet I am unable to make a decision. Being a foreigner wanting to engage in online business in the US. Which of the following is better… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,490 satisfied customers
We recently formed a single-member LLC (Texas) that is a disregarded
We recently formed a single-member LLC (Texas) that is a disregarded entity-sole proprietorship. Former sole proprietorship had its own EIN for payroll purposes. I am trying to find out if we can use … read more
Tax.appeal.168
Tax.appeal.168
Principal
8,674 satisfied customers
I formed a Single member LLC, with one of my friend but later
I formed a Single member LLC, with one of my friend but later he changed his mind and opted out. I went ahead to change into my name, and trying to find out where else i need to change so the records … read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
Only answer if you are sure .....I was a sole prop and I had
Only answer if you are sure .....I was a sole prop and I had an EIN with that,..I recently started a single member LLC on april, with default taxation,... I called he IRS to ask if I could use the pre… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I am a health care provider formed a single member LLC for
I am a health care provider formed a single member LLC for my business. I was assigned 2 EIN numbers and I have received different information on which number I should be using to apply and credential… read more
RD
RD
Self Employed
Master's Degree
5,572 satisfied customers
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