I received a large commission in 2018. I reported it as income on my tax return. The client cancelled the policy in 2019. It is setup that the insurance company does not pay me until I pay off the owed commission. The new commissions I earned in 2019 reduces the liability of the owed commission. I won't be able to pay off by end of 2019. How should I file my 2019 tax return?
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