turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jgg5720
New Member

Does deferred income payment not reported to the IRS get reported on the current year's tax return. If so, were does it go in TurboTax?. If not, when/how is it reported?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Does deferred income payment not reported to the IRS get reported on the current year's tax return. If so, were does it go in TurboTax?. If not, when/how is it reported?

This would go on the 2019 return and you will get paperwork that will allow you to report this when you will be filing the 2019 return.

View solution in original post

3 Replies

Does deferred income payment not reported to the IRS get reported on the current year's tax return. If so, were does it go in TurboTax?. If not, when/how is it reported?

Did you get the deferred payment in 2018?

Was it deferred compensation from the employer?
jgg5720
New Member

Does deferred income payment not reported to the IRS get reported on the current year's tax return. If so, were does it go in TurboTax?. If not, when/how is it reported?

no.  It is a related to Annaly Capital. Annaly Capital Management, Inc. is a leading diversified capital manager that invests in and finances residential and commercial assets. It shows a deferred date of 1/31/19 on my TD Ameritrade Statement, so I would assume its a dividend that occurred in 2019, so probably would not be report on this year's tax return?

Does deferred income payment not reported to the IRS get reported on the current year's tax return. If so, were does it go in TurboTax?. If not, when/how is it reported?

This would go on the 2019 return and you will get paperwork that will allow you to report this when you will be filing the 2019 return.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies