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kymbo864
New Member

If I did a job in 2022 but didn’t get paid for it until 2023, which year do I claim the income for? 2022 or 2023?

 
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ThomasM125
Expert Alumni

If I did a job in 2022 but didn’t get paid for it until 2023, which year do I claim the income for? 2022 or 2023?

You would normally claim the income when your received it, in 2023 in this case. The only exception would be if you chose to consistently report your income on an accrual basis as opposed to the cash basis, but that is rare.

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1 Reply
ThomasM125
Expert Alumni

If I did a job in 2022 but didn’t get paid for it until 2023, which year do I claim the income for? 2022 or 2023?

You would normally claim the income when your received it, in 2023 in this case. The only exception would be if you chose to consistently report your income on an accrual basis as opposed to the cash basis, but that is rare.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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