Why the IRS asks taxpayers about income from illegal activities

Published: 11 April 2024
on channel: The Marshall Project
459,360
29k

Why does the IRS require people to report income from stolen goods and illegal activities? The answer involves 1920s mobsters and a nearly century-old U.S. Supreme Court ruling.

If you do report on your taxes, you might not get in trouble. But if you don’t, you could be charged with tax evasion.

🎥: Chris Vazquez / The Marshall Project

#shorts #taxday #taxes #tax


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