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stomachmonkey stomachmonkey is offline
The Unsettler
 
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Join Date: Dec 2002
Location: Lantanna TX
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ITIN, Individual Tax Identification Number.

The function of the IRS is to collect taxes.

There are plenty of legal immigrants here who are not eligible for a SS# but who earn taxable income. ITIN# provides a vehicle for them to file.

Likewise there are plenty of illegal immigrants here who are not eligible for a SS# but who earn taxable income. ITIN# provides a vehicle for them to file.

As JYL points out, Capone was jailed for tax evasion, not the illegal activities that earned him the money that he did not pay taxes on.

It's on your 1040.

"Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040) if from your self-employment activity."

Now here's the kicker, due to tax privacy laws the IRS can't share your admission of illegal activities which is why bookies can file and not risk too much.
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Last edited by stomachmonkey; 11-03-2015 at 09:00 PM..
Old 11-03-2015, 08:52 PM
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