Single-member LLC issued a partnership k-1

[taxprepper]

Background info:

• Client is the sole member of a single-member LLC. 
• Single-member LLC is a partner in another LLC.
• The multi-member LLC issues 1 K-1 to client's single-member LLC.
• K-1 includes rental and ordinary business income.
• Single-member LLC has an EIN.

My questions:

• Should the K-1 rental income be entered into the Sch E screen and the business income into the Sch C screen?
• Or should all K-1 income info be entered into the partnership k-1 screen?

Thank you!

[sjrcpa]

Enter the K-1 the same way you would if it was issued to the individual.

[TaxGuyBill]

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@taxprepper wrote:

• The multi-member LLC issues 1 K-1 to client's single-member LLC.

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The multi-member LLC should have issued the K-1 in the name and SSN of the individual  person, NOT the name and EIN of the LLC.

The taxpayer should make sure that is corrected, at least for next year.