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

royw1952
Level 1
 
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1 Comment 1
itonewbie
Level 15

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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Still an AllStar