I started receiving payments from the insurance company for patients in a credit card form. I have to put this through the credit card machine. It will show up as a deposit on that machine.
I will also receive a 1099 misc from the same insurance company, showing year end payments.
I used to put 1099 misc for one form of payment from the insurance company. And the credit card end of year total for the other form of payment.
Should I subtract the insurance payments in the form of a credit card payment from the year end total from my credit card deposit total? I don't want to claim that money twice.