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    sri123's Avatar
    sri123 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 13, 2007, 09:20 PM
    H1B Google adsense income
    Hi,

    Iam on H1B Visa ,I was running a blog out hobby and it became popular .Now I have generated some income out of it through Google adsense .I have received a cheque from Google also for $200.

    To my understanding Google will be sending 1099 tax form to me and to IRS for tax filing .I just couldnot make out whether I am eligible to earn this money and file the tax.

    I don't want to get into complications as I am planning to file my GC.

    Please suggest me some way around without any complications as my blog is really picking up.

    Appreciate some valuable asnwers.

    Thanks in advance
    Sri
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Dec 14, 2007, 01:16 AM
    I am not sure about if persons with H1-B visa can have 1099 income.
    But you must report this income on your tax return Form 1040. For your 1099 income (self employed income) you will file schedule C (Form 1040) where you will report your income and this business related expenses to calculate your net income.
    If this is a business activity, then your expenses can even be more than your income from this activity. But if it is a hobby, than your expenses can't exceed your income from this activity.
    The net income is subject to SE tax at 15.3%, for which you will file schedule SE (Form 1040).

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