Hey, who knew that IRS Publication 17 could be so entertaining!
"If you receive a bribe, include it in your income." pg.85
"You must include kickbacks, side commissions, push money, or similar payments you recieve in your income on Form 1040, line 21, or on Schedule C or SChedule C-EZ (Form 1040), if from your self-employment activity" pg. 87
"Illegal income, such as money from dealing illegal drugs, must be included in your income on Form 1040..." pg. 87
"You cannot deduct the cost of a wristwatch, even if there is a job requirement that ou know the correct time to properly perform your duties." pg. 195
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment