Nancy Pelosi Revamps the Russia Hoax
The Only Way We’ll Survive
New Charges Filed in Kansas City Parade Shooting
Scientists Are Worried About a New Viral Infection, And It's Got Nothing to...
Prepare Yourself to Be Labeled a Crazy Person
Biden Lost to the Air Force One Stairs Again
Conspiracies on the Left Are Cool
Illinois Mayor Accused of Dressing, Behaving Like Movie Gangster
Radical Left Looks to Upend Prosecutor Race in One of Ohio's Largest Counties
Here's Why That Presidents' Day Poll Is Total Garbage
'Trans' Athlete Causes Multiple Injuries in Girls' Basketball Game
No One's Talking About What Was Sent to Speaker Johnson's Home Church
Republicans Host Panel Discussion on Importance of Building the Future of the Party
Do Texans Support Gov. Abbott’s Plan to Militarize the Southern Border?
This British Health Official's Take on Transgender 'Chestfeeding' Is Something Else
Tipsheet

'This Can't Be Real': Twitter Users Can't Believe What the IRS Wants Reported

With tax season upon us, Twitter users had a field day joking about parts of the IRS Publication 525 that look as though they belong on the pages of the Babylon Bee. 

Advertisement

“If you steal property, you must report its fair market value in your income in the year you steal it unless you return it to its rightful owner in the same year,” a portion of the 2022 tax guide states.

What about if you’re involved in other crimes, like drug dealing? The IRS wants its fair share of that income, too.

“Income from illegal activities, such a money from dealing illegal drugs, must be included in your income on Schedule 1 (Form 1040), line 8z, or on Schedule C (Form 1040) if from your self-employment activity," the rule states. 

Advertisement

Others saw a more practical reason for the inclusion. 


Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement