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WiredGuy · 03-12-2003, 02:47 AM

Interesting, well there's something that's a bit difficult to figure out here. You own a residence in Canada and you rent in the USA and you say you live in Canada. Do you own a corporation in the states where the american income is earned or do you cash it in Canada.

If you cash those checks in Canada, then it seems to me that it should be claimed as foreign income to RevCanada. If you have a corporation cashing those checks in the states, then IRS collects on those earnings. What's the relationship between the entity cashing the checks in the states and yourself?

WG

03-12-2003, 02:47 AM
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,497	Interesting, well there's something that's a bit difficult to figure out here. You own a residence in Canada and you rent in the USA and you say you live in Canada. Do you own a corporation in the states where the american income is earned or do you cash it in Canada. If you cash those checks in Canada, then it seems to me that it should be claimed as foreign income to RevCanada. If you have a corporation cashing those checks in the states, then IRS collects on those earnings. What's the relationship between the entity cashing the checks in the states and yourself? WG __________________ I play with Google.