coffeebean
Member
CALIFORNIA
Hi, I had a few questions about income tax and would appreciate if someone could help.
1) If person 1 (CA resident) is receiving monthly wire transfers from his dad to help pay some medical bills in the amout of $500, sometimes more, will person 1 need to pay tax over the amount received? BTW, the wire transfer comes from oversees in the name of the dad's company, not in the name of the dad.
And can those medical bills be used as deductions when paying taxes?
2) Is it true that a foreigner living in CA (not permanent resident) that has income on another country needs to pay income tax for that income in that country AND in the US? Let's say the country is Brazil. Thanks.
I really appreciate your help.
Thanks
Hi, I had a few questions about income tax and would appreciate if someone could help.
1) If person 1 (CA resident) is receiving monthly wire transfers from his dad to help pay some medical bills in the amout of $500, sometimes more, will person 1 need to pay tax over the amount received? BTW, the wire transfer comes from oversees in the name of the dad's company, not in the name of the dad.
And can those medical bills be used as deductions when paying taxes?
2) Is it true that a foreigner living in CA (not permanent resident) that has income on another country needs to pay income tax for that income in that country AND in the US? Let's say the country is Brazil. Thanks.
I really appreciate your help.
Thanks