does bank of america report to about electronic payment?

Discussion in 'Individuals' started by godard, Feb 21, 2010.

  1. godard

    godard

    Joined:
    Feb 21, 2010
    Messages:
    1
    Hi,
    I'm a non-resident alien doing my masters in the US. I will be receiving my fee amount through paypal from my home country. Once the money arrives on my paypal account I will transfer the amount (approx $10,000 in the next 3 months) every month to my bank of America account. Now, I dont pay any taxes since I'm a student. But I just want to confirm whether I will be liable for taxes because of this transfer? Will Bank of America report to IRS about transfers made from paypal? Thanks.
     
    godard, Feb 21, 2010
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