Forum Moderators: skibum
I want to move to overseas because I set up an address in US purely for opening a CJ account. I used foreign address to apply but got denied.
After several months. My checks got pretty big. So I worry about my tax now. Since I am 100% out of USA, but I applied for a EIN in USA and used it for CJ account.
The best solution is that I keep US account, but pay no tax, such as filling "IRS Form W-8 BEN".
The second best solution is that I change my address to overseas without CLOSING CJ account.
The worst will be CJ asks me to reapply and open another account again.
Since I am 100% out of USA, but I applied for a EIN in USA and used it for CJ account.
The best solution is that I keep US account, but pay no tax, such as filling "IRS Form W-8 BEN".
on another application, my EIN was wrong, I put 5678, instead of 5768. they found the mistake after verifying with IRS each month -- every time they pay me, they check tax id.
I signed up with LS using my personal info and consider opening an account with CJ using my US company. But I got lost with the complicated federal TAX info. I don't know which form should I FAX to CJ if I signup an account using my US address and EIN. I also don't know how should I file tax return....
even if you are in us, affiliate incomes are VERY EASY to become tax free. have you heard Lucent pay any income tax in the last 3 years? make sure to make your operation losing money. when i reported us income business, i alwasy make the whole year income 1 dollar. you need to make money for 3 years for every 5 years to take huge income loss in ther two years.
you can make +1 +1 +1 -100K -100K, still not does raise IRS red flag. if you make +100 -1 -1 -1 +100, the flag will be up.
if you are non us, IRS does not care about you at all. they will never personally check your report at all. it is always best not to be targeted.