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Old 01-27-2005, 11:25 AM   #1
mackey
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Join Date: Feb 2004
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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?
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Old 01-27-2005, 11:29 AM   #2
mal
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you are suppose to report ALL income
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Old 01-27-2005, 11:38 AM   #3
GatorB
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Quote:
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
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Old 01-27-2005, 11:45 AM   #4
Sosa
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goto an accountant... Let them handle it all. Alot easier
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Old 01-27-2005, 12:09 PM   #5
bdld
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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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