topic If services rendered and expenses incurred happen in 2018 but compensation for services don't occur until 2019, how is that handled? in Deductions & credits

topic If services rendered and expenses incurred happen in 2018 but compensation for services don't occur until 2019, how is that handled? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-services-rendered-and-expenses-incurred-happen-in-2018-but-compensation-for-services-don-t-occur/01/654140#M85549 Thu, 06 Jun 2019 09:01:38 GMT tjadersullivan 2019-06-06T09:01:38Z If services rendered and expenses incurred happen in 2018 but compensation for services don't occur until 2019, how is that handled? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-services-rendered-and-expenses-incurred-happen-in-2018-but-compensation-for-services-don-t-occur/01/654140#M85549 Thu, 06 Jun 2019 09:01:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-services-rendered-and-expenses-incurred-happen-in-2018-but-compensation-for-services-don-t-occur/01/654140#M85549 tjadersullivan 2019-06-06T09:01:38Z Assuming that you are asking this question as an individu... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/assuming-that-you-are-asking-this-question-as-an-individu/01/654143#M85551 Assuming that you are asking this question as an individual, you are a Cash Basis taxpayer.  Income is taxable to you in the year that you receive the money.  Note that if you are received funds in 2019, the payer should also furnish you with a 1099 for 2019 in 2020.     Thu, 06 Jun 2019 09:01:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/assuming-that-you-are-asking-this-question-as-an-individu/01/654143#M85551 dr5 2019-06-06T09:01:38Z