Michael B. asked

💰  Tax

If a client mails a $15,000 check postmarked today for Tesla credit, and the subcontractor receives it next week, does the subcontractor have to pay tax on it in 2023? Does the client have to include it in their 2023 1099?

May 29th, 2023

Robert S. answered

The subcontractor reports the income in the year the check is physically received, which would be 20...

May 29th, 2023

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