The relevant term is "Constructive Receipt."
Your income needs to be reported in the year that you have the ability to access the receipt of the funds, whether or not you open the check envelope or cash the check, but rather the governing determination is that you had the capacity to receive and use the monies, whether you did or not.
As end of year arrives, there is the problematic matter of a check mailed (not ACH, EFT, electronic deposit) in year 1 but because of postal handling time it is not received until year 2.
If this posted response is useful to you, please click on the upraised hand in the lower left of this post. Thank you. Scruffy Curmudgeon--PFFM/ IAFF, retired FireFighter/Paramedic - Locals 718/30, Veteran USAR O3 AIS/ASA '65-'67
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