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royw1952
Level 1
March 21, 2020
Question

WHERE DOES ONE REPORT DEFERRED INCOME PAYMENT FROM A BROKERAGE STATEMENT (OTHER RECEIPTS AND RECONCILIATIONS)? THANK YOU.

  • March 21, 2020
  • 1 reply
  • 23 views
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1 reply

itonewbie
itonewbie
Level 15
March 24, 2020

That's not reportable this year.  It's there for information only and so that the taxpayer can reconcile what is reportable for 2020 versus actual income received during the year.

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