do thiefs have to pay tax after they have stolen? how do they declare their income?
The IRS has a section about thatAnd yes you have to pay taxes on stolen items
>>60999230Thieves have their own tax codes. Professional thieves agree on about 10%.
>>60999230He got a fish on his head LOL
>>60999230In South Carolina, you have to buy stamps to pay taxes on the drugs you sell. If you get caught selling drugs, they can also charge you for tax evasion if you don’t have the stamps. I don’t know if it’s still that way, but it was 25 years ago.
>>61000889Does this hold true also if you're pocketing things for recreational reasons? Or only if you do it professionally?Asking for a friend.
Yes if you want clean spendable cash to pay a mortgage and save for retirement then you’ll need to launder the money and pay taxes
I've paid millions in taxes from selling fake oxys (fentanyl up to 2022, now isotonitazene)