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Revision as of 19:50, 31 August 2026

The old adage is crime doesn't pay, but one certainly can wonder sometimes about the precision of it given the number of politicians that seem to be bad guys! Regardless, the fact you might be making money from a criminal offence doesn't mean you don't have to pay taxes. That's right. The IRS wants its unfair share of the ill gotten gains!

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This provides a combined total of $110,901, our itemized deductions of $19,349 and exemptions of $14,600 stay the same, giving us earnings taxable income of $76,952.

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