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US Canada tax question

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Money Talk > Taxes

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Roostertail
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US Canada tax question  Reply with quote  

This last year my wife did some work for her dad on the internet and in reality she was probably overpaid for what she was doing. In other words it is just a way for him to help us out. She and her dad are Canadian and she has her green card and is living in the states with me. We received about 7,000 in 2012 for the work and I was just wondering what is the best way to go about this tax wise. Could it be called a tax free gift? Thanks for any advice!
Post Sat Feb 02, 2013 11:34 pm
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