3 ms·
> It was income, and it's taxable. So let's say you are at a casino, and win $20K. It's reported to the IRS. As you're driving home happily whistling away, the
by discardorama 12y ago
> It was income, and it's taxable.
So let's say you are at a casino, and win $20K. It's reported to the IRS. As you're driving home happily whistling away, the police pull you over for illegal "whistling while driving". They find the $20K, and under the Civil Asset Forfeiture law (mentioned above), seize the $20K. Now how are you supposed to pay the taxes? You don't even have the money anymore!
- CocaKoala 12y agoI'm waiting for the part where you explain how this is something the IRS is supposed to resolve or care about.