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Business & farm
You, as an individual, are a cash basis taxpayer, meaning you report income when you receive it. If you were not part owner and were to receive this bonus as an employee, you wouldn't even know the bonus was accrued. It makes no difference to your personal return if the company chose to make the entry in 2017 or 2018. You only care when you receive it.
‎June 6, 2019
1:32 PM