TikTok and PayPal 1099, but ones in the wrong name

[Jtj111]

Hello, I made $43,000 on tiktok this year, Tiktoks only form of withdrawing the money is PayPal. The PayPal is in my husbands name. So I have now received a 1099 from tiktok in my name, and then a 1099k from PayPal showing the same income in my husbands name. I have now created a new PayPal to avoid this next year, but I have no idea how I’m supposed to file this? Do I add the 1099k from PayPal and then deduct the full amount to zero out and add a note that it’s an error or the same income from tiktok? I’m so nervous of doing something wrong. 

[JamesG1]

You received a 1099 and an IRS form 1099-K, each reporting the same $43,000 gross income from TikTok.

I presume that you are reporting this income on Schedule C as a self-employment activity.  If that is correct, report both of the gross income sources within the self-employment activity.  Report the 1099 income under the appropriate Form 1099.  Report the IRS form 1099-K under Form 1099-K.

Then under Expenses, select Add expenses for this work.  Select or create an expense to 'back out' the $43,000.

Within your tax records, maintain a clear record of how the transaction was handled should a tax authority have a question about this transaction at a later time.

If you are not reporting a self-employment activity, post again.