Hi Reader,

I’m still reeling from what happened this weekend at Stryker, the Wichita soccer complex where my kids play, and I’m holding the families directly affected in my heart. ❤️‍🩹

This week is part 3 of the 1099 series.

Whether an LLC gets a 1099 depends on how it’s taxed, and the business name won’t tell you that.

This past April, 3 clinicians at a practice I work with asked the same question: where’s my 1099?

The practice hadn’t sent one to any of them.

Each clinician’s W-9 had a corporation box checked. Corporations generally don’t get 1099s, so the practice crossed all 3 off the list. That’s what the forms said to do.

But all 3 were single-member LLCs.

They should have checked Individual/sole proprietor. Each one needed a 1099.

Nobody caught it until they sat down with their tax professionals.

Before you cross an LLC off your list, read the W-9 itself. A corporation box checked next to a Social Security number is the red flag most likely to catch what happened in April.

It’s 1 of 4 checks in the article’s 10-second W-9 read, plus the exception that matters most when the vendor is one of your clinicians.

👉 Why an LLC doesn’t automatically answer the 1099 question​

Got an LLC on your vendor list you’ve been crossing off every January? Hit reply and tell me which box their W-9 has checked.

Until next time,

Abby