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farm cash rent taxes
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Tileman2
Posted 1/3/2019 11:26 (#7217263 - in reply to #7217059)
Subject: RE: Regardless of the 1099-- you received cash in 2018, therefore taxed in 2018.


NW IN
I have a landlord who sometimes wants rent into next year. I write check this year, drop in mail to him so he gets it following year.

I send a 1099 since I took the expense in prior year, and he and his accountant have never complained or grumbled about it. He's always taken the income in the year he wants.
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