Hello everyone!
So I just talked with 2 different agents over the phone asking why my 1099K came under my name and my SSN instead of my LLC, since I have a business account. According to both of them ( regular Agent then a Supervisor) they are not sending out 1099's under your LLC Business when you are a "Sole Proprietor/Single member LLC", instead they sent them under your name and your SSN; They said they are just following IRS guidelines. They did say that in order for the 1099 to be under your business name is has to be:
1. Corporation
2. LLC with more than 1 member
3. Non profit Partnership
I do sell on another platforms and I received the 1099's under my LLC without any issues. I will have to double check with my accountant.
Has anybody else having the same issues and how have you addressed it?