1065 LLC

[Mike3232]

Client received 1099-NEC income in their name and SS# but this income was sent to their LLC name's bank account. LWhere is this income entered?  In the 1065 or the client's separate 1040/Sched C?  What about with an 1120S

[sjrcpa]

Sounds like it belongs on client's 1040 since he got the 1099.

I could deposit my paycheck in your bank account but that doesn't mean it's not my income.

[Mike3232]

Guess I should clarify.   Income was sent to the LLC bank account, but not attributed to it's EIN

[Just-Lisa-Now-]

Sounds like the partnership didnt fill out the W9 correctly, so the 1099 went to the wrong entity.  Have they contacted the issuer for a corrected document?