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Self Employment income from foreign source
I am a US resident and do freelancing work for several companies and file a Schedule C. One such company is located in the UK and pays me in British Pounds, which I convert to US Dollars through my PayPal account. I of course report the income from the UK company as income on my schedule C, however, do I need to report that income to the UK as well? As mentioned, I am a US resident, never physically working in the UK. I am not an employee of this company, I only do freelancing work for them as an independent contractor. They do not report the money they pay me as any sort of wages. Thanks for any advice!
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‎October 29, 2023
5:22 AM