How should I file taxes if I ship American products overseas?
Is it legal to buy goods and computer parts (American made) from ebay and Amazon the ship it to overseas? my friend has a store he will give me a commission from each shipment that I send him, I want to be legal that's why I’m asking and I want the IRS to know so I can file what I made end of the year. Again, my question is: is it legal to buy from USA online and ship it to overseas? Thank you very much.
Answered By: David Hoines Law
yes, it is legal. See a CPA about reporting sales tax and income tax.
Answer Applies to: Florida
Replied: 6/16/2011
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: Florida
Replied: 6/16/2011
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answered By: Law Offices of Kent W. Meyer
As long as the sale doesn't violate our export laws you should be fine. Generally, even if you did violate a law as long as you accurately report your income and expenses the IRS will not care.
Answer Applies to: California
Replied: 6/15/2011
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 6/15/2011
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
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