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Level 1
June 1, 2026
Question

if a tax payer has a fiscal year that starts in 2022 and ends in 2023 which year forms do they use?

  • June 1, 2026
  • 1 reply
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if a tax payer has a fiscal year that starts in 2022 and ends in 2023 which year forms do they use?

1 reply

Level 10
June 1, 2026

2022. That is a 2022 tax return.

 

edit: I just now read that different entities can have different filing requirements.  So, this is a nuance that might need research.  However, I know that if your taxpayer is a corporation, then the tax return is a 2022 tax return.

Level 15
June 1, 2026

I'll add that while the entity files a 2022 income tax return, if the entity issues a K-1, that K-1 is reported on the individual's personal 2023 income tax return.