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submitted 5 months ago* (last edited 5 months ago) by BackOnMyBS@lemmy.autism.place to c/nostupidquestions@lemmy.world

I have seen multiple times on Lemmy that the IRS wants people to report income from illegal means and that they don't care to bust someone for it. For example, an illicit drug dealer is expected by the IRS to report their drug sale revenue without having to worry about being caught for drug dealing.

Will the IRS seriously not report illegal activities or individuals that report they earned income through vague illegal means?

If they don't, do law enforcement agencies skim IRS tax reports to find people that report illegal income to further investigate?

Can IRS tax forms that report illegal income be used against someone in court?

It just seems ridiculous that reporting illegal activity, however undefined, to the federal government would be a safe option.

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[-] Boozilla@lemmy.world 23 points 5 months ago

Always remember: law enforcement is legally allowed to lie to you, you are not legally allowed to lie to them.

Do you really need to know anything else?

[-] thermal_shock@lemmy.world 9 points 5 months ago

it's also only illegal if you get caught, tree falls in the woods scenario.

this post was submitted on 16 Jun 2024
145 points (97.4% liked)

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