Anya ,'Touched'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
I'm sure there are people stupid enough to list their incomse thus and get picked up with a quick query to the database.
I figure any tax return with *anything* on line 21 is going to get flagged, if for no other reason than to mock the people stupid enough to report stolen property as income.
I'm sure there are people stupid enough to list their incomse thus and get picked up with a quick query to the database.
Actually, these are just intended to provide police and prosecutors additional ways of charging people for crimes. Like with Al Capone, it might be easier to charge someone with tax evasion than with the actual crime....
x-posty with Cass....
It's just that a lot of people who get busted for white-collar crimes get nailed for tax evasion. It's there in the forms so that when someone gets prosecuted, they can't claim that it wasn't reportable income.
It's just that a lot of people who get busted for white-collar crimes get nailed for tax evasion. It's there in the forms so that when someone gets prosecuted, they can't claim that it wasn't reportable income.
Yeah, I know.
It's still funny.
Apparently only to me.
But it is crazy weird: "My Stolen Income is X" ETA no, steph, funny to me too.
Is barter considered taxable income? (Like if you trade a service for goods or other services.)
What if you trade one illegal thing for another? Like if you use drugs to pay a prostitute?
Can you deduct bribes as a business expense? Say if you were to bribe both Canadian border security officials in order to import illegal moose.
I shared it with my officemates, Teppy. I think it's v. funny.
There's lots of old caselaw about this. I'm not sure the IRS is required to report your response to this to the DOJ, and I doubt it's evidence. Their abiding interest is getting money, and holding the opposite position (illegal income is NOT taxable) is certainly weird-- like Tom says, it just adds an additional crime that wouldn't otherwise be there.
ETA:
Is barter considered taxable income? (Like if you trade a service for goods or other services.)
Also if you make some big bribes, do you have to file a 1099?