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Get your taxes done using TurboTax
Ah, okay. Thank you so much. With individual schedules, like Schedule E, can I somehow opt to be on an accrual basis? I do have income from work (W2) that is obviously calculated on a cash basis. So regular work income is on a cash basis. But isn't there an option to put business income (Schedule C) and royalty income (Schedule E) on an accrual basis?
Thanks again for any help you can give.
‎June 25, 2020
1:43 PM