BrittnayS,
I am familiar with what you have suggested but they don't address my original question.
Issue:
> Received a 1099-NEC for 2024
> Didn't receive the monies associated with that 1099-NEC until 2025.
Question:
> What is the best way to handle this situation?
Previous suggestions:
> create an expense to back out the income
> add supporting note similar to:
- "Not constructively received - reportable in 2025"
or
- "2024 1099-NEC income not received until 2025"
Thanks for your assistance!
Tom
