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Does incone earned in the US from foreign company count as foreign income?

I live in the US and have a regular job. In addition to this, I am the associate editor of a UK-based scientific journal. The publisher pays a yearly stipend of $5k, which is wired into my US bank account once a year. All work is done while in the US. Does this count as self-employed income or foreign income?
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1 Reply
AnnetteB6
Employee Tax Expert

Does incone earned in the US from foreign company count as foreign income?

That is self-employed income since you perform the work in the United States.  It does not matter that you get paid from a foreign source.

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