3136078
Hi,
I have a few questions. Could you help me figure it out?
I`m independent web development contractor. My location is in Virginia. I work remotely from home.
I had contract with company in Cyprus as individual contractor. They paid me to my checking account in the US.
And 1099 contract with company located in New York.
1. Does it mean I have "Other state income"?
2. Should I pay taxes to New York state?
if yes, should I pay also in Virginia or ask for tax credit here in amount of taxes in New York?
3. How and where to file income from Cyprus contractor?
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As you work remotely as a contractor from your home in VA, all your income is considered sourced in VA. Therefore:
1, You do not have Other state income
2. You do not have to file a NY state return
3. You report income received from your client in Cyprus as Other Self-employed income.
You report the income you received in cash, checks or bank transfers or without a 1099-NEC as self-employed income under Other self-employed income.
As you work remotely as a contractor from your home in VA, all your income is considered sourced in VA. Therefore:
1, You do not have Other state income
2. You do not have to file a NY state return
3. You report income received from your client in Cyprus as Other Self-employed income.
You report the income you received in cash, checks or bank transfers or without a 1099-NEC as self-employed income under Other self-employed income.
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