Question

Double Income Reported 1099-Misc

Forum|Forum|3 years ago
February 2, 2023
1 reply
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I recently got two 1099-Misc which reporting same income on both.

One was received by Youtube which now pays me directly and reports tax documents to me however they are reporting the whole year income now directly to me on their 1099-Misc.

The other 1099-Misc is by a third party network that paid me directly for 6 months last year but essentially they were paid by youtube to pay me.

Due to youtube changes now I'm getting double income reported and making what I earned not correct.

There is no way for me to have this corrected by both parties.

These two companies are reporting me income. I want to offset the screen wave media 1099-Misc.

On turbo tax do I do it as miscellaneous expense?

what do i have to do please help

Not A Product Question

V

Vanessa A

If you received two 1099-Miscellanouses for the same income, you will only enter the one 1099-Misc. There is no accurate way to remove the income since they are both reporting the same payments and you did not make a payment to anyone else.

Keep both forms for your records.

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J

JohnnyBoiiAuthor

Even if its from two different companies?

D

DavidD66

I think that since the 1099s are from two different companies, you would be better off going with your initial inclination: Report the income from both 1099s, and then create a miscellaneous expense for the amount of duplicate reporting.

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