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No, you have to specify where it came from. You don't have to say what crime you committed, but you'd list the income under "income from illegal activities".
by thaumasiotes 2y ago
No, you have to specify where it came from. You don't have to say what crime you committed, but you'd list the income under "income from illegal activities".
- dawnerd 2y agoIt’s very loose. You can just say cash and that’s fine.
- thaumasiotes 2y ago> You can just say cash and that’s fine. Cash isn't income. It's an asset. You don't even report assets. You report income, and you have to specify where it came from.
- dawnerd 2y agoIf cash is your income yes you do. Source, I have.