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

    Apr 10, 2008, 12:12 PM
    Tax deduction for payment to foreign contractor
    I'm a Chinese American small business owner. I paid ~4,000 USD to a Chinese student abroad to design my website. It is a cost for business and I have the bank transaction record to show the payment. The payment was to an individual abroad who runs no business of his own. Can I deduct it for tax purposes without issuing a 1099?
    IntlTax's Avatar
    IntlTax Posts: 831, Reputation: 23
    Tax Expert
    		  
    #2

    Apr 10, 2008, 06:02 PM
    Yes.
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