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Revision as of 16:33, 4 February 2025

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

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If your salary is below $16,750 then you have to pay around 10% of revenue tax. More than you make a single person and living a bachelor life require have pay out more interest as the limit will be only $8,375. Thus married couples are definitely in profit.

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