• DrPop@lemmy.world
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    8 months ago

    This is true see IRS publication 525.

    Illegal activities.

    Income from illegal activities, such as 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.

    Bribes are also considered taxable income.