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New Member
posted Jun 4, 2019 5:54:31 PM

Im showing a net loss but 2 jobs havent paid yet for Dec 18. The missing income would show profit.

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1 Replies
New Member
Jun 4, 2019 5:54:33 PM

Hi mastercarpenter1 - If you are a cash basis taxpayer (most people are), then you will report the income when you receive it, not when the work happened. Most likely you should report the missing income once the 2 jobs have paid you (i.e. on your 2019 return).