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-   -   1009 to limited liability corporations (https://www.askmehelpdesk.com/showthread.php?t=298183)

  • Jan 2, 2009, 11:42 AM
    ltvalibby
    1009 to limited liability corporations
    Are limited liablitliy corporations considered corporations for the purpose of 1099s?
  • Jan 2, 2009, 01:19 PM
    AtlantaTaxExpert
    No, they are not.

    LLC is a legal term for limited liability company. As a tax entity, they are either sole proprietorships, partnerships or, in some isolated caes, a subchapter-S corporation.

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