1099-k and 1099-nec for same amounts. How should I report income without it doubling up?

[robbiehlewis]

I was paid for services by multiple companies that mailed me 1099-nec forms. Those amounts were paid via PayPal or Venmo who sent me 1099-k. If I claim both it will double the amounts that I was paid. How do I handle this?

[Vanessa A]

You can enter the 1099-NEC as normal and then enter the 1099-K and back the income out of it.

To enter the 1099 K and then back it out immediately take the following steps:

1. Income
2. 1099-K under Other Common Income
3. Enter the information from the 1099-K
4. Check the box that says, This amount in box 1a is too high or includes some personal transactions
5. Enter the amount that shouldn't be included