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Author Topic:   Memo From The IRS To Thieves: Report Your Stolen Property As Income
jwhop
Knowflake

Posts: 17108
From: Madeira Beach, FL USA
Registered: Apr 2009

posted December 30, 2021 02:45 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote

Now I know nuts and lunatics are in charge of the IRS. I only wonder which IRS schedule thieves are supposed to use to report property they've stolen?

For that matter, which IRS schedule is Joe and Hunter Biden supposed to use to report their Graft and Payoffs from China, Ukraine, Russia, Romania and others?

IRS Requirement to Report Stolen Property as Income Goes Viral
Joshua Klein
29 Dec 2021

Several posts displaying the Internal Revenue Service’s (IRS) guideline requiring taxpayers to report stolen goods as income went viral this week, leading to an array of online speculation as to the practical consequences of the requirement as well as references to the recent wave of mass lootings.

The IRS requires U.S. citizens to list goods they stole during the year on their federal income tax returns, something which proved news for many after a series of viral posts set off a Twitter storm on Tuesday.

One post, which received nearly 25,000 likes as of Tuesday night, served as a tongue-in-cheek reminder for taxpayers to report illicit income ahead of the coming tax season, which begins next week......

http://www.breitbart.com/politics/2021/12/29/irs-requirement-to-re port-stolen-property-as-income-goes-viral/

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Randall
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Posts: 151825
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted December 30, 2021 03:28 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
You can bet if people actually did this, they would be prosecuted.

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jwhop
Knowflake

Posts: 17108
From: Madeira Beach, FL USA
Registered: Apr 2009

posted December 30, 2021 08:24 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
You can bet if people actually did this, they would be prosecuted.

Yes, and in that case, the IRS would be in violation of the 5th Amendment by requiring thieves to be witnesses against themselves.

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Randall
Webmaster

Posts: 151825
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted December 30, 2021 09:33 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
It wouldn’t be the first time the IRS has violated the 5th Amendment.

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Rajji
Knowflake

Posts: 56
From:
Registered: Oct 2021

posted December 30, 2021 10:43 PM     Click Here to See the Profile for Rajji     Edit/Delete Message   Reply w/Quote
Lucifer actually corrected me on that one: Tresspassers will be Persecuted!~ it's prosecuted" he said. I don't care who has the last word though. As I don't understand the difference between even though, I don't see any difference if at all there is any.

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