ELI5: Why does the IRS want your illegal income declared on tax returns? Submitted by xCreamPye69 t3_10ontj7 on January 30, 2023 at 12:39 AM in explainlikeimfive 53 comments 26
Farnsworthson t1_j6hc027 wrote on January 30, 2023 at 9:17 AM Just to point out that no act is, technically, illegal until a court or equivalent finds that it was. Up to that point, however dubious its source, income is simply income. And, yes, the state wants its cut. Permalink 2
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