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Level 1
December 7, 2019
Solved

I formed LLC and my partner is in parkistan. If a foreign partner is paid every two weeks for work done abroad, how can I treat this type of expendeture for tax return?

  • December 7, 2019
  • 1 reply
  • 20 views

If i pay foreign worker every two weeks for work done, how can i treat this type of expenditure during tax season? 

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Best answer by George4Tacks

Describe what type of work done and put this on line 20. 

Edit - I missed the Partner - put this on line 10 Guarantee Payment to Partner. Also See https://www.irs.gov/individuals/international-taxpayers/helpful-hints-for-partnerships-with-foreign-partners

1 reply

George4Tacks
Level 15
December 7, 2019

Describe what type of work done and put this on line 20. 

Edit - I missed the Partner - put this on line 10 Guarantee Payment to Partner. Also See https://www.irs.gov/individuals/international-taxpayers/helpful-hints-for-partnerships-with-foreign-partners

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