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TSarsany
New Member

Double w2s for same work

Some clients pay me through PayPal.  I recieved a 1099-K from PayPal for all the work I got paid for in 2024.  However, some of my clients are also going to send me a 1099.  How can I not pay taxes twice on the same payment?

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1 Reply
MinhT1
Expert Alumni

Double w2s for same work

If your clients pay you through  PayPal or Venmo or by credit or debit card, they do not have, and should not issue you form 1099-NEC.

 

Please see this QuickbooksHelp article.

 

If you receive such forms 1099-NEC, you should ask your clients to cancel them and report the cancellation with the IRS.

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