Hi,

A friend of mine who runs an internet business has requested me to accept some money here in the US on his behalf.

He is dealing with a company that has to send him a one time payment of around $15,000 but they are restricted to sending the money to a US resident with a US Tax id and a valid drivers license. So my friend has approached me asking me if I could accept the money on his behalf and then send him the money.

My question is how will this effect my income tax and how should I account for the amount so I don't have to pay tax on the amount.

I don't have a business of my own and I make about $50,000 / year myself.

Any advise will be greatly appreciated.

Thank you