Hi, I have a rental property and need to issue 1099 for contractors. I am a sole-proprietor and use an EIN to issue 1099s. I don't see a way to enter the EIN while filling out the Schedule E for my rental property. I understand that as I am a sole-prop, this EIN is a disregarded entity. I use the EIN also for my bank…
Hi everyone, I’m using FreeTaxUSA and need guidance on an edge case involving backup withholding with no 1099 issued. My situation: The BIZ bank account is for a single-member LLC (disregarded entity) The account is opened under my EIN only (my SSN is not on the account) I received a $400 bank account bonus The bank…
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