Are LLC C- or S- corporations 1099-able?


LLCs whose tax category is that of C or S corporations are not reportable.  

Note, however, that due to FATCA, for new suppliers that are U.S. corporations, you must have documentation to prove that they are U.S. entities. The easiest way to do that is to get a W-9 from them. So even though corporations are not reportable, get a W-9 from them if they’re a new vendor to you. (Existing vendors are grandfathered—you don’t have to solicit W-9s from them.)

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