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Is someone safe if they report income from illegal means to the IRS?
(lemmy.autism.place)
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this post was submitted on 16 Jun 2024
145 points (97.4% liked)
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Would that not be illegal under the fifth or does the right for congress to collect taxes override that?
Oooh. I like that.
I’d think that courts would say that you can’t claim the fifth, since you self reported the illegal income. And that had you failed to claim it, you’d be evading taxes….
So yes. You COULD claim your 5th amendment rights against self incrimination, but then you’ve violated the 16th where you’ve failed to declare income.
Yeah that's what I was thinking. Thank you.
You can only plead the 5th while you're in court. Prosectors are free to use all the shady crap you did that they have evidence of in building a case against you though.
Hi that is not true.