2007-02-02 09:02:54 · 2 answers · asked by BlueAngel 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
of course. If you received income, you pay taxes on it. Technically if you find a $20 bill on the ground you are suppose to report it but no one ever does.
BTW, embezzlement info is taxable too - like they are going to report that!
Don't listen to "MindRape." An "accountant" should know better than to give you wrong info - I highly doubt he is an accountant. The "employer" doesn't "gross up" anything and have to give you a W-2. You should have received a form 1099 though.
2007-02-02 10:15:54 · answer #1 · answered by Dizney 5 · 0⤊ 2⤋
yes you can and and you are legally required to pay taxes on all income whether it's cash or not. Did they withhold taxes from your cash payments?
2007-02-02 17:07:53 · answer #2 · answered by Brad S 2 · 1⤊ 0⤋