| Author | Message | ||
     Jkm Comedian Username: Jkm Post Number: 1622 Registered: 02-2008 Posted From: 216.235.145.222 Rating: N/A |
1099-misc issue chesthe nmeeke pampinchali. ala chesthe company payment for your services kind aistharu. meeru income tax pay cheyyalsi vastundi. india lo mee parents or relatives vunte valla peru meeda check immani cheppi aa check ni india bank lo deposit cheyyi. 1099-misc issue cheyyakapothe ikkada bank lo deposit chesukovachu. 98% problem vundadu. adrustam bagopothe 2% lo vundi income tax kattalsivastundi. ledante aa money mee friend company 1099-misc issue cheyyakunda same time vall tax filing lo include cheyyaddu ani gattiga cheppu. personal check kaakunda company check ante India operations expenses lo vestharanukunta. mee friend vunna apt company ki rent ki ichinattu choopistharemo. | ||
| Mallik Junior Artist Username: Mallik Post Number: 457 Registered: 10-2008 Posted From: 69.27.233.254 Rating: N/A |
Not all income you earned is via social number. For example, people who wait tables. They must show their TIPs as taxable income. It would be illegal for them not to show. However there is accountability no of that income, they might show less. Going by the rules: If A writes off income 'x' by showing as rent expenditure to B, then B must claim it as additional income and must be taxable. IRS ki maatram emee farak padadu. Oka deggara minus aithe inko deggara plus avvaali ani choostaru. So, nee case lo nuvvu problem lo pade chances unnai, if you are audited properly by IRS. Problem aithe undi tammi. Uncle Sam tho tax meeda games oddu esp when you gain nothing. Neeku emainaa benefit undaa itla chesthe? lenappudu desham lo pay cheyyamanu. OR ask him to transfer via SBI remittance/money2india to your indian nri account. Matter set.. PS: Dont take any risk on tax, my advice. In this db, there's always someone watching you!!  | ||
| Whoami Junior Artist Username: Whoami Post Number: 557 Registered: 10-2008 Posted From: 68.40.67.41 Rating: N/A |
ippudu naku Taxation 101 cheppey opika ledu,But Kish its better get a letter from the payor that he is repaying a loan to you. Its always safe to have documentation. | ||
| Risingstar Junior Artist Username: Risingstar Post Number: 971 Registered: 08-2008 Posted From: 69.139.174.224 Rating: N/A |
But better to take personal check kadha | ||
| Risingstar Junior Artist Username: Risingstar Post Number: 970 Registered: 08-2008 Posted From: 69.139.174.224 Rating: N/A |
emundhi mama? expenditure chupinchukuntadu.. | ||
| True_indian Comedian Username: True_indian Post Number: 1647 Registered: 01-2008 Posted From: 98.24.134.152 Rating: N/A |
take it notting will happen, since you dont give your ssn he cant report to IRS, If IRS every comes back to you, you can explain it | ||
| Idle_yzag Side Hero Username: Idle_yzag Post Number: 4908 Registered: 02-2008 Posted From: 198.80.153.5 Rating: N/A |
nuvvu SSN ivvvakunda yela raise chesthadu? | ||
| Kish_ Junior Artist Username: Kish_ Post Number: 796 Registered: 02-2008 Posted From: 199.67.138.154 Rating: N/A |
So, vaadu 1099-misc issue chesthe..... will it go to IRA or will it come to me to report that income while filing taxes? | ||
| Whoami Junior Artist Username: Whoami Post Number: 550 Registered: 10-2008 Posted From: 68.40.67.41 Rating: N/A |
rising what type of check ikkada issue kadu, what type of income anedi ikkada issue. | ||
| Whoami Junior Artist Username: Whoami Post Number: 549 Registered: 10-2008 Posted From: 68.40.67.41 Rating: N/A |
If he issues a 1099-misc then definitely you have to report this income, or else you can claim it as a repayment of loan in that case no need to declare that as income. | ||
| Risingstar Junior Artist Username: Risingstar Post Number: 958 Registered: 08-2008 Posted From: 69.139.174.224 Rating: N/A |
vaddu mama.. waste.. daantloo tax kattali since taxable income.. india loo ivvamanu or personal check ivvamanu... | ||
| Kish_ Junior Artist Username: Kish_ Post Number: 795 Registered: 02-2008 Posted From: 199.67.138.84 Rating: N/A |
Hi Guys, I have rented my apartment in india. My Tenant is rewquesting me that he will pay the rent for that apartment in USA through his friend as he his friend owes him some money. for six months, it is coming to little more than 1500 Dollars. I hesitantly said okay. Now, My tenants friend sends me his company check and not his Personal check. Will this be taxable to me? any ideas, pls let me know... |
