If I drop off a load on 12/28/21 and send in the paperwork but the broker doesn't send a check until 1/28/22 would that payment be part of my 2021 taxes or my 2022 taxes?
Do you get taxed based on work date or payment date?
Discussion in 'Trucker Taxes and Truck Financing' started by RunningAces, Aug 6, 2022.
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
2022
D.Tibbitt, Opus, RunningAces and 1 other person Thank this. -
Accidental Trucker Thanks this.
-
For you, 99.99% chance it's 2022, but the complete answer is:
2022 if you are using cash accounting
2021 if you are using accrual accounting.RockinChair and RunningAces Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.