blackmongol
Newbie
- Feb 11, 2013
- 7
- 0
I'm a part-time freelancer and I'm experiencing some issues with receiving payments via international bank transfer, from a company that I've been working with long -term. These problems are expected to continue and the only alternative available to the company is Paypal, which isn't available in my country. My only option is to ask a cousin who is a US resident and Greencard holder to receive the payment in his Paypal account and transfer it to me through Western Union after withdrawing the payments to his bank account. Will this be an issue for my cousin tax-wise? if he isn't retaining this money would it still be considered income and will he have to declare the amount in his returns and pay taxes on it?
The amount isn't expected to be huge and shouldn't exceed $15k and thats over a 12 month period, if I choose to go through with it for that long. With that being said If this has the potential to feck shit up for my cousin than I'd rather find an alternative. Any input from folks knowledgeable about this would be greatly appreciated.
The amount isn't expected to be huge and shouldn't exceed $15k and thats over a 12 month period, if I choose to go through with it for that long. With that being said If this has the potential to feck shit up for my cousin than I'd rather find an alternative. Any input from folks knowledgeable about this would be greatly appreciated.