Self employed

Hi Mike9241,

 

The check arrived at my house some time between Jan 5th and Jan 16th while I was out of town.  The check is dated 12/23/22.  So which date determines the tax year it belongs in, the date the check was cut or the date I received it?  Also, I don't recall anyone asking me to elect whether I wanted to be on a cash or accrual basis when I was hired on as a contractor.  I only became aware of the terminology just recently.  Does it default to one or the other if you don't make an election?