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What should I put for accounting method on my 1099-misc?

the options are Cash, Accrual, and Other?
the way my husband was paid was direct deposit so do I just select Other and type in Direct deposit?
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2 Replies
Heather14
New Member

What should I put for accounting method on my 1099-misc?

The question is asking how you pay your business expenses and record your income made during the tax year.  You can read the following TurboTax FAQ's for more information on Cash Method of Accounting:

https://ttlc.intuit.com/replies/3300094

For the Accrual Method of Accounting see below: 
https://ttlc.intuit.com/replies/3301956

rothrock
New Member

What should I put for accounting method on my 1099-misc?

TYPO??? - The example for Accrual says that the Cash method would also record the income in 2016.
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