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Sell now...defer payment til Jan. Anyone gunshy of this approach?
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TTB86
Posted 10/15/2020 10:04 (#8546994 - in reply to #8545744)
Subject: RE: Sell now...defer payment til Jan. Anyone gunshy of this approach?


Ks
Talked to accountant about this a couple days ago. He said I could sell now and defer contract to January and decide at tax time which year to take the income.. his thought was do it in small contracts because you have to take the whole contract in ether year.. cannot split contracts.
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