LeticiaF1
Expert Alumni

Get your taxes done using TurboTax

You must report all income you receive on your tax return. That includes Forms 1099-K, 1099-NEC, and 1099-MISC, and also any cash, property or goods you received that were not reported on a form.  If the amounts are duplicates then you can expense the duplicate amount on your Schedule C (Self-employed profit or loss), as Other miscellaneous expenses.  For the description, put in "1099 income reported twice" and then enter the amount of the duplicate income.  

 

If you would like more information about 1099K click here.