jayhutch13
Junior Member
What is the name of your state? my bank account is in texas. but i live and work in costa rica.
i run a tour business in costa rica and would like to offer paypal as an option to accept credit cards online. the money would be deposited in my paypal account. it is only possible to withdraw the money from the paypal account to a u.s. account. i am a u.s. citizen and still have an account in the u.s. would i have to pay federal income tax on the money transfered from my costa rica paypal account to my texas bank account?
thank you,
jayhutch13
i run a tour business in costa rica and would like to offer paypal as an option to accept credit cards online. the money would be deposited in my paypal account. it is only possible to withdraw the money from the paypal account to a u.s. account. i am a u.s. citizen and still have an account in the u.s. would i have to pay federal income tax on the money transfered from my costa rica paypal account to my texas bank account?
thank you,
jayhutch13