I don't understand what I am supposed to do with 1099 since all of my credit card sales are reported through sales receipts? Will this duplicate my credit card sales?

[dbksalon]

Credit card processing company send me a 1099. Concerned that it will duplicate income already recorded through sales receipts. How is this handled.

[VolvoGirl · Accepted solution]

Right.  Only enter your income once.  It’s ok if you already accounted for it.  As long as your gross income is the same or more than all the 1099Misc you get.