I have a direct deposit on 1/4/2024. But it is for work in 2023. So this should not be included in my 2024 w-2. Is this correct?
01220
1 Replies
MindyB
Expert Alumni
Apr 12, 2025 6:56:44 AM
It should be on your 2024 W-2. Individuals pay tax on a cash basis, meaning you report the income in the year received. The W-2 you received is correct.