It is become more common that the same income is being reported on an IRS form 1099-NEC from one entity and on an IRS form 1099-K from a second entity.
Whether the issuer of the IRS form 1099-NEC was correct or not, we have to presume that the IRS form 1099-NEC was reported to the IRS and act accordingly.
Ideally, you are maintaining a record of your income and expense in an accounting system or in a spreadsheet and your record becomes the basis of what is reported to the IRS.
Then we react to these for 1099's as they show up. Maintain a complete record so that you can respond to a tax authority at a later time.
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