[dlf3]

I'm a sub-contractor with a company that's gotten behind on their payments. They figure out what I'm to be paid each week, but don't release the funds until later. Will my 1099-misc show what I should have been paid or what I actually was paid?

[Fr_Chuck]

It should show what you were paid. Also what terms do you have with them, late fee and interest if not paid as scheduled

[AtlantaTaxExpert]

You are considered to be a cash-basis taxpayer (unless you have petitioned the IRS to be an accrual-basis taxpayer).

That being the case, you will be taxed on the money you actually received in 2008.