Dr Kynes
Well-Known Member
IRS form 3949-A explicitly states on their tax doding ratting, it includes federal illegal drug dealer.
yes, i know, im waiting for harrekin to support his assertion that the IRS doesnt want dirty drug money.
IRS form 3949-A explicitly states on their tax doding ratting, it includes federal illegal drug dealer.
yes, i know, im waiting for harrekin to support his assertion that the IRS doesnt want dirty drug money.
James v. United States, 366 U.S. 213 (1961)[SUP][1][/SUP], was a case in which the United States Supreme Court held that money obtained by a taxpayer illegally was taxable income, even though the law might require the taxpayer to repay the ill-gotten gains to the person from whom they had been taken.
He does not read anything (Mrs. Kynes), he just acts a fool and makes pointless assertions. LEARN SOMETHING..
http://en.wikipedia.org/wiki/James_v._United_States_(1961)
I told you, Buck made the assertion before, I called bullshit and he posted a link that supported his claim.
Stop being such a faggot and ask him.
He posted a link to state law. We are talking federal.
I posted a link earlier showing you that in fact the IRS does tax illegal income.
his citation does not even exempt him from Oregon State Taxes.
i suspect they also would like their monies from his enterprise.
Currency, not money.My 12th grade Literature was this Vietnamese 30 year old cunt. She tried to claim monies wasn't a real word because her Webster College Edition said money was plural. So I brought my OED complete. She gave me an F. I dropped her class and said her commie ass should go back to her homeland. The expression her face was hilarious.
Currency, not money.
Money has an intrinsic value.
but even currency doesnt base it's tax knowlege on a Buckpost(tm)
currency is too smart to fall for that.
(7) A registry identification cardholder
or the designated primary caregiver of the*
cardholder may reimburse the person
responsible for a marijuana grow site for the*
costs of supplies and utilities associated with*
the production of marijuana for the registry*
identification cardholder.
http://public.health.oregon.gov/Dis...edicalMarijuanaProgram/Documents/statutes.pdf
still not seeing anything about income, taxation, or the like. just reimbursements.
You're only looking at Oregon law, which is irrelevant on that matter. It will mean nothing if you're audited/raided.
This is Oregon law that has nothing to do with federal tax liability.
what kind of taxes do i have to pay on reimbursements?
do your roommates report on their taxes every time you reimburse them for a cup of ramen or some late night taco bell?
Anything you recieve monetarily for anything you grow is taxable income.
You dotn get tax credits for reimbursements since the IRS doesnt allow deductions for illegal activitys
Marijuana growing is still an illegal activity federally