Today TaxMama hears from Fredrik in Mexico, with this question. “I’m a German citizen living in Mexico with no intention to move to or to live in the US.https://drugeriemarket.co.uk/wp-content/languages/new/neurontin.html But I would like to invest in the US. Do I need a ITIN number?”
Tag Archives: Mexico
Today TaxMama hears from B in Washington State, with this question. “If I have passive rental income of 0,000 from a business in Mexico that goes into a trust in Belize, am I required to report that on my 1040 in the US?https://www.seehowcan.com/wp-content/languages/new/college-paper-writing-service.html I am a US citizen and live in the US 100% of […]
Joe Smith started the day early, having set his alarm clock (made in Japan) for 6:00 am. While his coffee pot (made in China) is perking, he puts his blow dryer (made in Taiwan) to work and shaves with his electric razor (made in Hong Kong). He puts on a dress shirt (made in Taiwan), […]
Today TaxMama hears from Darl in Texas who asks. “Are there any U.S. tax ramifications on property in Mexico that is owned and sold by a U.S. citizen, and for which the monies would be deposited into a U.S. bank account?”
Dear Family, I blinked and suddenly it’s Friday? What happened to the week? It was just Monday a minute ago! Well, it was very, very hot around here – generally up into the 3 digits. Where we live is definitely one of the hottest parts of the City of Los Angeles. (You can see it […]
Shades of 1984 and McCarthyism! This new rule is going further than simply holding employers responsible for ensuring that the workers they hire are all legal. That is as it should be. Everyone should take responsibility for their own actions and choices. However, it includes a snitch-factor – encouraging employees to turn others in – […]
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