24d • IRS INFORMATION
⚠️ IMPORTANT: 1099 Reporting Must Be in the Name of the TRUST
Please be advised:
All **1099 reporting and filing must be completed in the name of the Trust, using the Trust’s legal name and EIN.
❌ Do NOT file or process any 1099 forms using an individual’s personal name, SSN, or any “Ens Legis” styled designation.
✅ Correct reporting requires:
- Trust’s full legal name (exactly as registered)
- Trust’s EIN
- Trust listed as the payee or recipient where applicable
- Supporting agreements or resolutions showing the Trust as the proper party
📌 Why this matters
1099 forms are tax information returns. Filing them under an individual’s name or SSN when the Trust is the operating or receiving entity can create:
- IRS mismatches
- Reporting errors
- Personal liability exposure
- Delays or rejections in processing
Stay clean. Stay compliant. Structure matters.
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⚠️ IMPORTANT: 1099 Reporting Must Be in the Name of the TRUST
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