On Nov 28, 5:18 pm, SNeelakanta...@zaplet.com wrote:
> > There is nothing about being on an H-1B which stops companies giving you
> > money; any company can give you money. Being on an H-1B prevents you
> > working in the USA for other companies; money doesn't come into it.
>
> Hm. I would think that a company would pay me money only if I provided
> some sort of service to them (unless ofcourse I am investing in the
> company's stock). Ok, let me be more direct: If I took on a 1 year
> project from a company Z with operations in US and executed it
> completely from home in my free time -- the company only wants me to
> get the project done in 1 year -- they don't care how many hours I put
> in, nor even if I outsource the work to somebody else in turn. Company
> Z is not my employer and they don't hold my H1 and have no intentions
> of holding my H1. They are however willing to pay me for my services.
> They say they can pay me through a 1099. Is that legit?
>
> SN
Let me try to interpret JJ's comment.
Your H1 allows you to work ONLY for company X (doesn't matter if you
are "off-the-clock") .
Paying you through 1099 is THEIR (Z's) legitimate way.
They are not going to play it under the table. If they do, they are
probably going to "miss" their write-off/expenses. After all, they are
bound - as US company - to US tax laws. It is risky for Z to
circumvent the IRS (they can try).
1099 means IRS, in which case it will probably traced back to you. |