this post was submitted on 16 Jun 2024
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No Stupid Questions

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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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[–] slazer2au@lemmy.world 4 points 5 months ago (1 children)

I didn't say government, I said IRS.

The FBI however, they would like to know.

[–] best_username_ever@sh.itjust.works 3 points 5 months ago (1 children)

I’m not American though. I didn’t realize that the IRS is not a branch of the government and definitely does not share its data with other people.

[–] slazer2au@lemmy.world 4 points 5 months ago (1 children)

Still missing the point mate.

From a tax pov the gov doesn't care as long as it gets it cut.

[–] tarmarbar@startrek.website 1 points 5 months ago

The tax pov is not the only pov that interests you if you sell drugs tho.