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Partner A performs $5,000 of contract-type Code Sec. 707(a) services for the ABC partnership in December of 2009, but does not get paid until January...

Partner A performs $5,000 of contract-type Code Sec. 707(a) services for the ABC partnership in December of 2009, but does not get paid until January of 2010. A and ABC are both calendar-year taxpayers, but A is on the cash basis and ABC is on the accrual basis. When will A recognize it, and when will ABC deduct it
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Accounting-8209228.doc

Partner A performs $5,000 of contract-type Code Sec. 707(a) services for the ABC partnership
in December of 2009, but does not get paid until January of 2010. A and ABC are both calendaryear...

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