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The IRS's bewildering rule about self-reporting income from crimes has caused some Twitter users to mock the federal agency. According to IRS Publication 525, taxpayers are legally required to ...
Outlined in the IRS Publication 525, the agency tells sticky-fingered taxpayers: “If you steal property, you must report its FMV (Fair Market Value) in your income in the year you steal it ...
The IRS is again giving taxpayers in disaster-stricken San Diego County more time to file their returns and pay what they owe this year.
For more information, consult a tax accountant or read IRS Publication 547, Casualties, Disasters and Thefts and IRS Publication 525, Taxable and Nontaxable Income.
But before not adding the refund, “you should consult IRS Publication 525, Taxable and Nontaxable Income, or your tax professional regarding the federal tax treatment of these payments ...
For more information please about insurance proceeds please see IRS Publication 525, Taxable and Nontaxable Income.
For more information, consult a tax accountant or read IRS Publication 547, Casualties, Disasters and Thefts and IRS Publication 525, Taxable and Nontaxable Income.