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June 3, 2019
Solved

Does an LLC need to report a 1099-K received from a Merchant separately if the sales are already included in gross sales for the company?

  • June 3, 2019
  • 1 reply
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Best answer by RichardK

No, the receipts from the 1099-K are included with other similar LLC income. 

1 reply

RichardKAnswer
Employee
June 3, 2019

No, the receipts from the 1099-K are included with other similar LLC income.