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June 6, 2019
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We received a check on 1/2/17 but it was dated 12/25/2016. The customer sent us a 1099-misc. for 2016. Do I show the income on 2016 tax return even if I did not receive it in 2016?

  • June 6, 2019
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Yes, if the 1099-MISC is for 2016 then you would report it on your 2016 return.  Because the check was cut in 2016 the income has to be reported on your 2016 return. 

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Answer
June 6, 2019

Yes, if the 1099-MISC is for 2016 then you would report it on your 2016 return.  Because the check was cut in 2016 the income has to be reported on your 2016 return.