Re: If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

posted

If you received the sales proceeds only in 2025, then you'll report it on your 2025 tax return.

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

If she did not receive any income in 2024 then she does not have anything to file for that year. Her income received in 2025 will be reported for that year.

I received a notice from New Jersey that my gross income taxes were calculated improperly. I now owe an addl $2,000. I think this is a Turbo Tax error, what can I do?

in After you file

Expert does your taxes

Do it yourself

Resources

Support

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

Do you have an Intuit account?

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

If consigner for a vendor mall opened in dec 2024 but receive first income in 2025, does she file in 2024 or 2025?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert