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-   -   Taxes on money from foreign country? (https://www.askmehelpdesk.com/showthread.php?t=636886)

  • Feb 17, 2012, 07:21 PM
    carolinegwen
    Taxes on money from foreign country?
    Hi: I am a freelance writer working at home for a company based in China. All my payments have been wire-transferred to me; I have no 1099s. Do I need to declare this income entirely, or does the $10K and over rule apply to me?
  • Feb 18, 2012, 06:53 AM
    AK lawyer
    You are not clear on this point: what country are you in?
  • Feb 18, 2012, 08:27 AM
    carolinegwen
    Hi: I am a freelance writer working at home for a company based in China. All my payments have been wire-transferred to me; I have no 1099s. Do I need to declare this income entirely, or does the $10K and over rule apply to me?

    SORRY - I LIVE IN THE U.S.
  • Feb 18, 2012, 08:48 AM
    AK lawyer
    If it is income earned by you while working in the U.S. it is taxable.

    It is possible that you may qualify for a credit for any taxes you paid to a foreign country. See this publication.
  • Apr 26, 2012, 10:11 AM
    kundi212
    I teach students in foreign countries from Pakistan and they pay me through western union should I pay tax to the Govt?
  • Apr 26, 2012, 10:22 AM
    AK lawyer
    Quote:

    Originally Posted by kundi212 View Post
    i teach students in foreign countries from Pakistan and they pay me through western union should i pay tax to the Govt?

    Assuming that you are in the U.S. sure. It is income, after all.
  • Apr 26, 2012, 10:30 AM
    kundi212
    Quote:

    Originally Posted by AK lawyer View Post
    Assuming that you are in the U.S., sure. It is income, after all.

    I teach them online from pakistan... students are in USA,UK,Russia etc
  • Apr 26, 2012, 10:53 AM
    AK lawyer
    Quote:

    Originally Posted by kundi212 View Post
    i teach them online from pakistan...students are in USA,UK,Russia etc

    Oh. You are in Pakistan? If Pakistan taxes income it may be taxible there. But you don't owe the (U.S.) IRS any tax.

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