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You are supposed to report all income, whether gained legally or illegally. That's how they got Al Capone - he didn't report his income.

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Q: Do you pay taxes on embezzled money?
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If a person conned an elder into signing blank checks and banked the money into their own account does the person that embezzled it owe taxes on it if there's no letter from the elder to indicate gift?

Income is income. Pay your taxes and hope the "Elder" person doesn't put you in jail.


Is a person required to return embezzled money when not knowing it was stolen?

Yes, If it was embezzled it was stolen from someone. Embezzled money is considered "proceeds of crime" regardless of how you claim to become in possession ot it.


What if you have no money to pay your taxes?

You are legally required to pay taxes. Taxes are only due on money you have earned therefore if you owe taxes you have had the money. If you do not pay the taxes you owe you will be sent to court and made to pay - even if you go to prison you will still owe the tax man.


Do you have to pay taxes on estate money received?

Yes, you will have to pay taxes on any estate money received.


Do athletes pay taxes on money won?

Yes they have to pay taxes on the winnings


Do republicans pay taxes?

No they raise money on taxes


Do you have to pay inherit taxes on money willed to you in NC?

If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.


What are synonyms of taxes?

a synonom for taxes is pay or give money


Did you have to pay taxes to be a citizen of athens?

Citizen of Athens had to pay taxes with the rich not having to pay taxes. The rich did have to pay for thing that the tax money didn't cover.


Where does the government get money to pay for all the services it provides?

taxes


Do nuns pay taxes?

No They do not make money and so they do not have to pay taxes. All of there needs are satisfied by the church.


Do you have to pay the taxes on the money before you can get it?

yes