A real gem from the IRS
April3
Not jewelry related, but funny nonetheless…..
I was researching something on the IRS website, and I came across this gem in the instructions for taxable income:
”Stolen property. If you steal property, you must report its fair market value in your income in the year you steal it unless in the same year, you return it to its rightful owner. ”
Yes, that is a direct quote from their site. Genus! I hope the turd who came into our house and stole money right out of my husband’s wallet claimed the $300 on his taxes.