CathysTaxes Posted February 19, 2013 Report Posted February 19, 2013 Well, it looks like the changes the IRS made to Schedule C, E, and forms 1120-S and 1065 regarding the issuing of 1099s is making an impact. One sole proprietor client WHO NEVER gave me a 1099, just gave me ten. Five use his social security number and five use the FEIN. To get past the IRS matching, anyone know how I can input his FEIN into the 1099? Quote
jklcpa Posted February 20, 2013 Report Posted February 20, 2013 Enter the FEIN on the Sch C and enter the 1099s as usual. There is nowhere on the 1099-misc input to even indicate an FEIN, but linking it to the proper schedule C and indicate whether it is for the taxpayer or spouse should be all you need to do. The Sch C shows both the the SSN and the FEIN so the IRS *should* be able to match it up. If you get a notice, you will be able to show that all of the 1099's were reported on the Sch C and explain why. Quote
CathysTaxes Posted February 20, 2013 Author Report Posted February 20, 2013 Enter the FEIN on the Sch C and enter the 1099s as usual. There is nowhere on the 1099-misc input to even indicate an FEIN, but linking it to the proper schedule C and indicate whether it is for the taxpayer or spouse should be all you need to do. The Sch C shows both the the SSN and the FEIN so the IRS *should* be able to match it up. If you get a notice, you will be able to show that all of the 1099's were reported on the Sch C and explain why. OK, thanks. I do have the FEIN on the Sch C, I was just wondering if the IRS had their programming setup to use that for matching. Quote
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