My rental property is managed by Innago, Inc for whom Dwolla, Inc is the 3rd party payment processor.
Dwolla sent me a 1099-K for rental income received in 2024. The problem is the gross amount in line
item 1a includes rent for Jan 2025 as well. It appears the tenant sent the rent for Jan 2025 on 12/29/2024
(at least that's what the email from Innago says) and Dwolla presumably received it on 12/29/2024 but
Dwolla / Innago credited the rent to my bank account on 01/02/2025. Now, have I "constructively received"
the Jan Rent on 12/29/2024 or when it was actually credited to my bank account on 01/02/2025? This will
decide whether I need to adjust the 1099-K line 1a gross amount or not.
