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1099 reported to a DBA entity

March 10, 2023
March 10, 2023


Q. What obligation do I have if I reported the 1099 to the IRS for a company based on their W-9 which showed the DBA at the entity level? A. (Answered by IOFM's third-party tax experts) A DBA name is not a reportable Recipient on Form 1099, because a DBA name doesn't file an income tax return; the DBA's receipts flow upward to the owner that is using the DBA name.  On Form W-9, the name of the owner goes on Line 1 (as the line 1 caption/instruction says, "as shown on your income tax return")…

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