Question

I am a single-member LLC owner. Under which number should I receive 1099-MISC forms: SSN or EIN? Which number should I give to my corporate clients?

Forum|Forum|7 years ago
June 6, 2019
1 reply
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TurboTax Self Employed Online

Employee

Just for personal security reasons, you will want to give your corporate clients your LLC's EIN. Even though you will be reporting this income under your SSN on your Schedule C (or Schedule E if a rental property LLC) as a disregarded entity, the IRS will know this is the situation and will be able to match your LLC income to the IRS records.

T

Taxathrone

@DS30 -- the IRS (see page 4 of the W-9) specifically says not to do this, though: "If you are a single-member LLC that is disregarded as an entity separate from its owner, enter the owner’s SSN (or EIN, if the owner has one). Do not enter the disregarded entity’s EIN."

I

Irene2805

Taxathrone is correct. It comes down to whether the EIN is issued to you personally, or the LLC:

If the EIN was issued to you, give your clients the EIN number.
If the EIN was issued in the name of the LLC, give your clients your SSN.

For more information see the IRS Instructions for the W-9 (starting on p. 4)