1099-NEC - EIN or SS# for recipients TIN?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
Post Reply
Topic Author
ThankYouJack
Posts: 4928
Joined: Wed Oct 08, 2014 7:27 pm

1099-NEC - EIN or SS# for recipients TIN?

Post by ThankYouJack »

I started doing some consulting in 2022 and created an EIN so I could have a Solo 401k. The company I work for sent me a 1099-NEC and everything looks good and the recipients TIN is my SS#. I believe that's fine, but wanted to double check here to make sure everything aligns tax (ID) wise. Does it matter if the recipient's TIN is my EIN or SS# on the 1099-NEC?
jebmke
Posts: 19529
Joined: Thu Apr 05, 2007 2:44 pm
Location: Delmarva Peninsula

Re: 1099-NEC - EIN or SS# for recipients TIN?

Post by jebmke »

No problem. Just complete Schedule C as you normally would.
When you discover that you are riding a dead horse, the best strategy is to dismount.
toddthebod
Posts: 1176
Joined: Wed May 18, 2022 12:42 pm

Re: 1099-NEC - EIN or SS# for recipients TIN?

Post by toddthebod »

ThankYouJack wrote: Tue Jan 24, 2023 8:45 am I started doing some consulting in 2022 and created an EIN so I could have a Solo 401k. The company I work for sent me a 1099-NEC and everything looks good and the recipients TIN is my SS#. I believe that's fine, but wanted to double check here to make sure everything aligns tax (ID) wise. Does it matter if the recipient's TIN is my EIN or SS# on the 1099-NEC?
It makes no difference whatsoever.
Backtests without cash flows are meaningless. Returns without dividends are lies.
terran
Posts: 2619
Joined: Sat Jan 10, 2015 9:50 pm

Re: 1099-NEC - EIN or SS# for recipients TIN?

Post by terran »

Yes, it's fine. I like to give my EIN when I file my Form W9 with various clients so my SS# is in fewer places, but it doesn't matter from a tax filing perspective.
Topic Author
ThankYouJack
Posts: 4928
Joined: Wed Oct 08, 2014 7:27 pm

Re: 1099-NEC - EIN or SS# for recipients TIN?

Post by ThankYouJack »

Great, thank you
Post Reply