I had a sale for a cap gain (Partnership income) i...

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I had a sale for a cap gain (Partnership income) in 2017, but the cash was received in Jan 2018. Do I record the cap gain in 2017 or 2018 for tax purposes?

 
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New Member

I had a sale for a cap gain (Partnership income) in 2017, but the cash was received in Jan 2018. Do I record the cap gain in 2017 or 2018 for tax purposes?

Did you receive a T5013 for it? It should be reported when the partnership income is transferred out. 

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