Ask Experts Questions for FREE Help !
Ask
    rags007's Avatar
    rags007 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 21, 2006, 03:32 PM
    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:
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Dec 21, 2006, 07:03 PM
    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.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Google Adsense Help. [ 7 Answers ]

I am always encountering registration errors at www.google.com/adsense So could you sign up for an account on my behalf with my registration details ? Thanks. >>>Endium<<<

View more questions Search