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    ltvalibby's Avatar
    ltvalibby Posts: 3, Reputation: 1
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    #1

    Jan 2, 2009, 11:42 AM
    1009 to limited liability corporations
    Are limited liablitliy corporations considered corporations for the purpose of 1099s?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Jan 2, 2009, 01:19 PM
    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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