IRS Requires You to List Stolen Property on Your Tax Return
Now, not even thieves are exempt from the IRS and its tax ‘laws’. Did you steal a car last summer? How about about a plasma TV? Maybe you ’stole’ an mp3 or movie by downloading them on the internet via BitTorrent or your favorite P2P program. In fact, if you stole anything at all, the IRS now requires you to declare the property as a gain on your IRS form. I know, its hard to believe, but if you think I doctored the above photo check out the PDF on the official IRS website. Go to page 90 and look in the area I have circled on the image. It is relatively absurd to believe that a thief is actually going to report to the IRS what they stole. The audacity, condescension, and stupidty of the government never fails to amaze me.
Brand New Mercedes - Free
Brand New 30″ Plasma TV - Free
400 Songs and 15 Movies - Free
Sending the Government $6,000 for your stolen property - Priceless
January 5th, 2007 at 8:15 pm
well it finally happened…the US government has actually gone above and beyond stupid. makes one really consider the possiblities in locating to another country.
January 8th, 2007 at 2:51 am
Tax Season is comming, Don’t forget to report the stuff you stole!…
Folks you just can’t make this stuff up. Did you know that the IRS REQUIRES you to report the fair market alue of any property you’ve stolen?!?!…
December 20th, 2007 at 7:01 pm
[...] Billy presents IRS Requires You to List Stolen Property on Your Tax Return. I don’t know if he’s surprised or not. I’m [...]