You can also take deductions for costs relating to criminal activity! - eviltoast
  • SpaceNoodle@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    3
    ·
    edit-2
    9 months ago

    This discussion has only been about personal taxes, so stop bringing up business taxation.

    Are you talking solely about life insurance? Because that is one very specific thing, and payouts from that are not in the same category at all as any other typical insurance.

    • Wogi@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      9 months ago

      Which is why there’s a line for other undeclared income.

      The whole conversation is about line 8 not exclusively being for crimes.