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Old 10-11-2005, 02:16 PM
Link774 Link774 is offline
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Join Date: Sep 2004
Posts: 22
Default Re: Tax Implications of Signing Up a Friend/Relative

I think people are going to tell you this is not a good idea. But to answer your question, since Party is not based in the US, they don't need to report your earnings to the IRS. So I'm thinking the IRS will only care (or be able to detect) who is actually ending up with the money, not whose account is under whose name, as they don't really have that information. I'm not sure whether they will be able to see Party->Netteller or just Netteller->Bank, however. **DISCLAIMER: I have no idea what I'm talking about so listen at your own risk. **
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