Bonus/Gift Cheque from from vendor company


ash310

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Hi,

 

I am working for a client ABC through a vendor company on H1B visa, in other words you can call it as EVC model. My vendor is really impressed with my work and willing to issue me the bonus/gift cheque of approx 10K because of my performance through out the year. He doesn't want my employer to be a part of that extra money.

 

Now my question is since I am on H1B visa, can I take the cheque directly from vendor company? If yes how do I need to pay the taxes? Any suggestions would be really appreciated.

 

Thanks

 

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