yeknod
Level 3
04-02-2025
07:00 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
TP'S income is less than 1099's received. TP is on cash basis. Should the 1099 income be reported to avoid problems in the future? All deposits on bank statements were reported as income. Some of the checks were received in January 25 but were dated in 24. It is an S-Corp now for 2024 taxes.
Thoughts?
Thanks in advance.
Labels