Tax info help.

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  • mackey
    Confirmed User
    • Feb 2004
    • 622

    #1

    Tax info help.

    If I recieve a paycheck from a company based in Canada on a monthly basis, Do I have to claim that on my income taxes? if so, how do I do it?

    I've tried looking up info, but can't find anything.

    I wouldn't think so, considering the taxes are different... but out of curiousity, if I should do it?
  • mal
    Confirmed User
    • Dec 2003
    • 1899

    #2
    you are suppose to report ALL income

    Comment

    • GatorB
      The Demon & 12clicks
      • Oct 2001
      • 18208

      #3
      Originally posted by mackey
      If I recieve a paycheck from a company based in Canada on a monthly basis, Do I have to claim that on my income taxes? if so, how do I do it?

      I've tried looking up info, but can't find anything.

      I wouldn't think so, considering the taxes are different... but out of curiousity, if I should do it?
      Yes all income HAS to be reported. Since they are not an American company they don't have to send you a 1099. It's still up to you to report it to the IRS.

      here

      http://www.irs.gov/businesses/small/index.html

      Comment

      • Sosa
        In Tushy Land
        • Oct 2002
        • 40149

        #4
        goto an accountant... Let them handle it all. Alot easier

        Comment

        • bdld
          $100,000
          • Dec 2001
          • 11452

          #5
          since its canadian the IRS wouldnt know about it, however if you deposit your funds into your bank account, an audit would find it.

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