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Message
re: IRS to make thieves report value of stolen goods for tax purposes
Posted on 1/4/22 at 4:03 pm to cheobode
Posted on 1/4/22 at 4:03 pm to cheobode
quote:
Again, how is anyone going to know if you work extra for cash and don't deposit any of it? I'm not saying it's "right". I made an extra $1,500 one year upgrading and troubleshooting computers but as soon as the cash entered my hand, it went straight to gas, food, or diapers. The hassle to claim $1,500 on my income tax return wasn't even worth it.
If it's straight cash (and even if it's not) you most likely aren't going to get caught.
But when you start thinking "oh its only $5k" and then get a $10k plus tax bill, that would suck.
Your philosophic views on the tax system is completely different.
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