Accounting method last year was checked other and hybrid
Turbo Tax wants to know what was the accounting method used on my 2018 tax return. The only options i have are cash and accrual. My 2018 taxes have a box checked next to other and hybrid is typed in. How do i answer this question on turbo tax?
02822
2 Replies
Critter-3
Level 15
Jul 4, 2020 4:54:45 AM
Switch to the FORMS mode to make the entry manually.
AmeliesUncle
Level 15
Jul 4, 2020 7:53:40 AM
And you NEED to know EXACTLY what that "hybrid" method is and report your income and expenses in that same manner.