TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

1009 MISC to a client that changed from sole proprietor to LLC during the tax year

Forum|Forum|3 years ago
February 1, 2023
1 reply
0 views

I have a client that changed from a sole proprietorship to an LLC mid-year. Do I issue two 1099s? Or do I just issue one to the LLC since that is their current business structure? Not sure if it matters, but I manage a rental property for them and pay them rent I collect on their behalf monthly.

Not A Product Question

It does not matter that much. If they are a single member LLC, it is likely still a disregarded entity. This means they are still using their SSN as their tax ID with the IRS. So you can issue one 1099 to the LLC.

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

annetteireneAuthor

Thank you! I suspected I was overthinking it...