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Selecting the correct name to report the 1099 to
January 30, 2024
Q. We have received a W-9 with the individual's name on line one, their business name on line 2 and utilizing an EIN in Part I - checking the Individual/Sole proprietor or single member LLC box. When we check their information on the IRS TIN matching site, we get a match between the business name and the EIN, but not between the EIN and individual's name on line one. How should we be reporting their 1099?
A.
(Answered by IOFM's third-party tax experts)
The Form 1099 reports the individual name…
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