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mackey 01-27-2005 11:25 AM

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 01-27-2005 11:29 AM

you are suppose to report ALL income

GatorB 01-27-2005 11:38 AM

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

Sosa 01-27-2005 11:45 AM

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

bdld 01-27-2005 12:09 PM

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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