Thread: Tax write offs
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Old Fri Mar 21, 2008, 01:14pm
vbzebra vbzebra is offline
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Quote:
Originally Posted by bob jenkins
I am not a tax accountant, but most taxpayers are on a cash basis, so you'd report the income in the year in which it was received. So, if you worked in 2007, but were paid in 2008, you'd report the income on your 2008 taxes (usually filed in 2009).
Thanks for the help. I worked and was paid in 2008, so that mean's I'll file it in the 2009 taxes. I appreciate it!
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