4 ms·
Was it really ever true when you heard "you must declare illegal crime income to IRS" don't worry they can't use that data to arrest you. That must have always
by beefnugs 2y ago
Was it really ever true when you heard "you must declare illegal crime income to IRS" don't worry they can't use that data to arrest you.
That must have always just been a sucker thing right?
- viraptor 2y agoThat rule is not there so that you can declare the crime income without going to jail. It's so that when other charges have lower chances to stick, you can still be charged with not paying taxes on your crime. See the related cases at https://en.wikipedia.org/wiki/Taxation_of_illegal_income_in_the_United_States https://en.wikipedia.org/wiki/Taxation_of_illegal_income_in_...