Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Google Adsense , MLMs like quixtar (https://www.askmehelpdesk.com/showthread.php?t=49925)

  • Dec 21, 2006, 03:32 PM
    rags007
    Google Adsense , MLMs like quixtar
    Hello Could you please let me know if a person is on H1 work visa , could consider to start this as a business as they would be getting 1099 misc and can they file schedule C.

    We also know that winning more than $600 in gambling will also get a 1099 Misc.

    So is it legal to start quixtar or Google adsense kind if mlm or publishing business ? As this H1 person is not working for any one other than his employeer.

    Regards
    :confused:
  • Dec 21, 2006, 07:03 PM
    AtlantaTaxExpert
    Whether you can embark on a separate independent business while on a H-1 visa for a different employer is a legal question best answered by an immigration attorney. Recommend you post that question on the LAW forum of AskMeHelpDesk.

    If you decide to enter into such a business, you must report the income and expenses on Schedule C and Form 1040.

    Gambling winnings are usually reported on a Form W-2G.

  • All times are GMT -7. The time now is 02:04 AM.