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How do I change from the cash method to the accrual method?

I have always used the accrual method.  

 

When I started my tax preparation in TurboTax, the system prompted me to choose my accounting method.  I incorrectly selected "cash" when I was prompted in TurboTax. 

 

Where within TurboTax can I navigate to so that the system knows that my method is actually "accrual."

 

Thank you

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4 Replies

How do I change from the cash method to the accrual method?

How do I change from the cash method to the accrual method?

Hello.  To clarify, I have always used the accrual method.  

 

The issue is that I incorrectly selected "cash" when I was prompted in TurboTax.  I do not know how to change this in TurboTax so that the system knows that my method is actually "accrual."

 

Thank you

How do I change from the cash method to the accrual method?

go back and start the interview from the beginning and the question will come up again.

 

@rodney-trustedtr 

How do I change from the cash method to the accrual method?

I found it!  Issue resolved.  Thanks.

 

Wages & Income > Your income and expenses > Self-employment income and expenses > Review > General Income

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