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Meli41
April 1, 2022
Solved

Which year do I claim income from a royalty check that was dated 2021 but I did not deposit it till 2022?

  • April 1, 2022
  • 1 reply
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This check (from oil royalty) was dated 6/25/2021.  I just discovered I had not deposited it last year (2021). Should this be put in the 2021 income section or should I wait till next year's taxes, since it will show as deposited in 2022.
Best answer by MayaD

If you received the check in 2021 then it is considered an income on your 2021 return even if you didn't deposit it.

1 reply

M
MayaDAnswer
April 1, 2022

If you received the check in 2021 then it is considered an income on your 2021 return even if you didn't deposit it.

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