GeorgeM777
Expert Alumni

Self employed

If you received the income in 2021 then you should report such income on your 2021 return.  Can you provide some more information about the portfolio income.  For example, is it dividend income?  Or is it capital gain income?  Portfolio income could be your share of profits from a managed account.  Thus, if you could provide some additional information about the nature of the portfolio income that would help us to better understand your tax situation.

 

Are you filing a joint return?  If so, then the income from both spouses gets reported on one return.  

 

@gpause1264

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