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View Full Version : When is income considered earned?


getlo
Dec 9, 2010, 10:59 AM
If I was to start a new job before the end of this year BUT not get paid until on or after Jan 1st of 2011, will I be getting a W-2 for 2010 taxes or be considered as "earning" income from this job for 2010? Or is the income not considered earned until I actually receive a paycheck from the job?

Just Looking
Dec 9, 2010, 11:05 AM
W-2's are based on date the wages are paid. If paid in 2011, they will be on your 2011 W-2 regardless of when the work was done.

getlo
Dec 9, 2010, 11:08 AM
Thank you!