Originated From
AOL Search

How do I record income for checks dated before fiscal years but received after fiscal year ends for accural accounting

Liked this question? Tell your friends about it

Answers

The IRS goes by "constructive receipt".  If you had control of the funds in 2011 but didn't make the deposit until 2012, it's 2011 income.  If you didn't receive the check until 2012 (no matter what the date is on the check), it's 2012 income.

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: What is auto financing?

What is auto financing?

Asked: Finance

If a company is going to finance a project entirely with retained earnings, what would be the cost of that capital

Asked: How do I pay for College?

how do I pay for college?

Ask a Question... We'll forward it to people who know

More Questions

AOL has closed my account and I don't know why

Your account might have been closed for violation of Terms of Service, such as sending spam, or harassment in chat rooms, or obscenity or profanity. Possibly it was someone else who got your password and used your account, or closed your account (a vindictive ex?). You could call up and ask for ...

Played w/ 50 years ago, could talk whistle. Some ...

Spencers is a kind of modern novelty shop with neat stuff. It's found primarily in malls. But they carry the old fashioned gags too, so worth a look. I'm sure it's probably in the catalog I mentioned, but I can't remember the name of the place. I remember the little doohickeys. Half circles with a ...

How long is a google year?

You can get youtube views from [Famecrowd](http://famecrowd.com/), they start delivering the views within the same day and they even have a tracking area for clients.

ONLINEPHARMACYWALMART.COM I was told I could a total perscription drug

all you need to do is go to any pharmacy you have gotten medication from and ask them for a print out of all of the medications you have received for whatever year you are inquiring about.