1099 K and 1099 NEC double reporting
eve661
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Posted on
Feb-03-2021
01:56 PM
Has anyone experienced the same problem. I had transactions that appeared on 1099K issued by Paypal and the same issued by a survey panel (1099NEC). I always claimed my earnings from from survey panels using paypal and they issued me a 1099NEC which reported those earnings and Paypal also report them as accepting cash from another party. I cannot get any answers from Paypal or my survey panels, both stating it is required by law to report but my problem is it is double reporting.
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1 REPLY 1
Colemangal85
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Jul-12-2021
11:50 AM
This is happening to me too - have you figured out what to do about it or how to fix it?
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