Almost all taxpayers are calendar year filers and cash-basis - not accrual. You report income and expenditures in the year the transaction occurred.
Payments for income of prior years but received in a following year are reported in the year received. This should be represented in the SSA-1099 that you have received (yes, they are already sent).
Scruffy Curmudgeon--PFFM/ IAFF, Locals 718/30, retired firefighter/medic; univ faculty NOT INTUIT EMPLOYEE
- Strategy & Quantitative Methods Med-M&M, Law discriminatory statistics, Med & PH - epidemiology statistics;
USAR 64-67 AIS/ASA MOS 9301 - O3
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-------------------------------------No Not an Intuit Employee - Just donating my time
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