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

2006-08-29 22:14:46
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Q: 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?
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Related Questions

Are flat tracks or banked turns better for running?

banked turns

What is past tense of banked?

Banked is the past tense of the verb bank.

Can cross cheque be deposited in bearer account?

A crossed cheque must be banked. If the or bearer is not also crossed/deleted; then, strictly speaking, the cheque can be banked into the holder (bearer) of the cheque [and the bank teller will write the bank account number into which the cheque is being deposited].Some countries will only let the cheque be deposited into the bank account of the person/business named on the cheque (even if the or bearer is not crossed/deleted).

What does banked mean?

'Banked' means to make a lot of moneyIt can have several meanings. A road surface tilted (usually on curves) is banked. Bouncing a pool ball off the cushions of the table is banked. An airplane that tilts while turning is banked. Money that is removed from transactions, and placed in safe keeping is banked. A fire that is partially covered to burn slower and longer is banked.It has at least two meanings. The first is to place soil or fill so that is in a slanted pile. The second is to deposit money into a bank.

Is banked a noun?

No. Banked is a verb form or adjective. Bank is the noun, which is also the spelling of the verb to bank.

Will a banked track help you go faster?

yeah, banked track reduces the reliance on frictional force between tyres and,,more centripetal force can be provided for car by banked track,,............from NAV

Is banked a verb?

It can be a past tense verb (to bank)."He banked his salary so that he could afford a new car.""The aircraft banked to the left as it came in for a landing."However, the past participle form can also be an adjective meaning tilted or angled."Stock car racetracks have banked turns at each corner of the track."

What is a banked road?

A banked turn is the term used to describe a car riding along a circle with inclined edges. The angle at which a turn is banked refers to the angle of of the given path.

Could you use banked in a sentence?

yes: after counting his earnings, Jack realized that he "banked" $30,000 in profit last year selling houses.

What is a sentence for banked?

There are several different meanings for the past tense verb banked (or present tense bank); to do business with a financial institution; to put aside for a future use; to rely on a circumstance; to heap or mass something, especially against something else; edge or surround something; to tilt sideways in making a turn; the play of a ball against another object. Some example sentences: I have banked at First National Trust for twelve years. She banked on getting that bonus to pay for some new furniture. The clouds banked to the north glowed in the sunset. The car banked on that sharp turn and my sunglass flew off the dashboard.

What rhymes with blanked?


What is a veledrome used for?

Bicycle races on its banked track.

What are six letter words ending in d?


What is the highest banked curve in NASCAR?

33 degrees

Why are Roadways curved around corners?

do you mean banked ?

What is the adjective form of bank?

The verb to bank (tilt, as a plane in a turn) has the present participle as an adjective, banking.The verb to bank (save, store away) has the past participle banked (banked savings) which is also an adjective for the noun bank (turn, or riverfront). Auto racetracks have bankedcurves.

What is the safest type of road for entering a curve is?

Banked road.

What is the name of the oval shaped banked track for cycling?


What is the shot called when a basketball is banked off the backboard?


What is the past tense of bank?

The past tense of bank is banked.

What page is banked on in hatchet?

PG5 Paragraph 1

Why is calcium banked in the bones?

Calcium is banked in the bones, so when the body needs calcium, a special cell can break down part of the bone and release some of the calcium into the blood to supply to the body.

Why doesnt a train tip over when on curves?

1. The track is banked to allow for this tendency. Just like the race track for the Idi-500 is banked. 2. There is a speed limit set for the curve.

What rhymes with spanked?

Banked, blanked, planked, ranked, tanked, yanked.

What do your have to do to stop a cheque being banked by the beneficiary?

you have to call the bank maybe