Income from network marking

[mckinly16]

I received income from a network marketing company December of 2022 but didn’t deposited it till Jan 2023. Can I include this payment in my 2023 return?

[MayaD]

No. You need to report it on your 2022 return. Income is taxable when you receive it, even if you don’t cash it or use it right away.

For more information, check irs.gov