misslj_author: (Writing)
misslj_author ([personal profile] misslj_author) wrote2011-03-20 04:59 pm

Short Story: City of Gold.

My short story, City of Gold, which is a historical m/m romance set in Byzantium, has been accepted for the Dreamspinner Press anthology, A First Time For Everything. I am delighted to say the least, I have a lot of love for this piece (even if it's taken me a while to find a name for one of the two main characters!) and am currently in the research stages for a sequel which I hope to be of novel length, rather than a nap-size daydream line length. This is my happy face :D.

Now all I need to do in terms of not so fun research is figure out the tax thing. ATO, you are my only hope. /Star Wars. (And deal with blood tests and other tests this week, but those aren't related to writing and I'm trying not to dwell on them overly much.)

[identity profile] misslj-author.livejournal.com 2011-03-21 08:16 am (UTC)(link)
Thankee! Um, as awesome as that would be, I don't think I'll ever hit that amount. Do you know how I report my income (which I haven't got yet, so it's still academic) when it comes from a US source, not an Australian one?

[identity profile] captlychee.livejournal.com 2011-03-21 12:08 pm (UTC)(link)
It's reported as foreign source ncome. That way, if they withhold any tax on the payment, that tax withheld is credited to whatever tax you pay on it here. They probably won't withhold any tax on it, though, as you're unlikkely to earn enough to make ti worth their while.

If they pay by cash, that cheque is then converted to Australian dollars and you declare that amount, remembering to take into account the cost of converting it to AUD (which was $28 the last time I had to do it). Remember, too, that you don't declare anything until you actually cash the cheque, not when they send it, so if you're paid in a foreign currency hold off until our dollar falls through the floor again and you'll be rich! This may take something like a decade to hapen, thoough...

[identity profile] misslj-author.livejournal.com 2011-03-29 11:28 am (UTC)(link)
Ohhh I see. Thank you for this, it's been really useful. (And not paid in cheque, in paypal, I've kept the receipts and everything.)