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H4 dependent and taxation
surgimg
Jul 23, 2007, 02:28 PM
I am an h4 dependent , entered the usa on July 19 2007. If I deposit a demand draft in my name issued by my dad will it be taxed next year?
AtlantaTaxExpert
Jul 27, 2007, 10:50 PM
No. That money is NOT taxable income.