Will I be taxed for money paid to my google account?
Question : Will I be taxed for money paid to my google account?
My brother lives in Manchester, UK and he wishes to pay $ 1000 into my google merchant account (the money goes into my checking account). Will I be taxed by state or federal for this money from my brother? I live in Illinois, US
merchant account uk
Best answer:
Answer by bostonianinmo
What’s the reason for the payment? If he’s just giving you a gift, that would have no tax consequences for you.