Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   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.

    • All times are GMT -7. The time now is 09:21 PM.