which year is a check taxable if issued in one year and cashed the next year

mackiestuart · ‎December 28, 2024

xmasbaby0 · ‎December 28, 2024

If an employer, a client or a financial institution issues a check to you in 2024, they are going to include that amount on the tax document--like your W-2 or whatever kind of 1099--- for 2024, so the amounts you enter on your 2024 tax return have to match what is on the tax documents you receive. Whether you wait to cash the check is irrelevant.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Bsch4477 · ‎December 28, 2024

If you received a check in 2025 that was issued in 2024 it is taxed in 2025.

VolvoGirl · ‎December 28, 2024

A check for what? Usually when it is issued.

xmasbaby0 · ‎December 28, 2024

If an employer, a client or a financial institution issues a check to you in 2024, they are going to include that amount on the tax document--like your W-2 or whatever kind of 1099--- for 2024, so the amounts you enter on your 2024 tax return have to match what is on the tax documents you receive. Whether you wait to cash the check is irrelevant.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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which year is a check taxable if issued in one year and cashed the next year