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.
gamermanh@lemmy.dbzer0.com 6 months ago
Knew a guy who sold shrooms to people, he’d give you an invoice for em.
Not for the shrooms, fuck no, it was all for computer repair and building and consulting and yadda yadda. Sold shrooms with fake PC invoices for a few years and eventually managed to snag a job doing something in IT thanks to the 3 years of running a PC home business
Still sells shrooms, too, the lovely bastard. Dunno if he gives invoices anymore though
sugar_in_your_tea@sh.itjust.works 6 months ago
Does he accept an HSA card for the… uh… computer repair?