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New Member
posted Oct 30, 2019 4:17:53 PM

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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1 Replies
Level 2
Oct 30, 2019 4:17:55 PM

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