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I have two businesses that I operate and each of them has their individual business accounts both linked to my ssn but different emails.
My question is that with the 20k/200 transaction threshold for IRS reporting is would my transactions combined under my ssn or are both accounts income/transactions hold separate from each other?
Example; business account #1 makes 10k in sales 100 transactions and so does business account #2. These accounts under my SSN (different emails|banks) total 20k and 200 transactions which is the threshold to receive a 1099. Would I receive a 1099 or no because the accounts are separate?
i THINK YOU WILL RECEIVE TWO 1099 for the same SSN,but different business name.
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