Friday, January 21, 2005

Please do not forget to report your stolen property!

"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."

Comes directly from the IRS site http://www.irs.gov/publications/p17/ch13.html#d0e36729


Yes I stole some diamond jewlery from Mrs Smith, A Plasma tv from Mr Jones. I am LMAO on this one.

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