IRS humor

OK, so I’ve been looking through the IRS site to research a few things, and came across this:

Bribes. If you receive a bribe, include it in your income.

So… doesn’t reporting a bribe kind of go against the original intention of it? :)

And here are some more:

Illegal activities. Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040) if from your self-employment activity.

Stolen property. If you steal property, you must report its fair market value in your income in the year you steal it unless in the same year, you return it to its rightful owner.

4 Responses to “IRS humor”

  1. The intent here is to create a “Catch 22″ scenario for the criminal element, and hence make it easier to prosecute them. Refer to Al Capone….who was convicted for tax evasion on all the ill-gotten gains he acquired in his years of bootlegging, gambling, prostitution, bribery, murder and all the other nefarious deeds he was known for. They couldn’t get him on those, but they could get him for not reporting the income from them.

    I think if you look at the IRS code, you will detect a note of ” if we can’t getcha one way, we’ll getcha another.. with a sly grin of course.

  2. I do not know how you find this stuff but I was laughing forever over this one. I cannot believe they have this on the IRS website. I also loved the staples post. I cannot believe that they would go to that much trouble over an eraser and put it in that huge box. I just makes me laugh.

  3. Here’s the specific site where they came from: http://www.irs.gov/publications/p525/ar02.html#en_US_publink100098473. I was trying to figure out how to deal with less common income types (like credit card “rewards,” etc) and found the list. :)

    Your explanation makes sense, Dad. I was trying to figure out why those would be in there. :)

  4. that is funny.

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