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June 3, 2019
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If sales income was made on 12/31/17, but deposited to my business account by Square Inc on 1/2/18; which year should I claim it 2017 or 2018?

  • June 3, 2019
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Best answer by Ashby

Are you working on a 2017 return? The real question is did you report it in 2017. 

The income should have been claimed for 2017 because you accepted the payment on that date

1 reply

AshbyAnswer
June 3, 2019

Are you working on a 2017 return? The real question is did you report it in 2017. 

The income should have been claimed for 2017 because you accepted the payment on that date