Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

7 Random Things You Will Get Taxed For

April 13, 2023 · Taxes
stolen property
Photo by Sergey Mironov from Shutterstock

4. Stolen Property

If you staged an at-heist last year, embezzled money, or robbed a bank, you’ll get taxed on the proceeds. In other words, income from criminal activities, such as money from dealing illegal drugs, is taxable and must be included in your income. Bribes are also taxed.

Of course, few criminals report their ill-gotten gains on their returns. But if you’re caught, you’ll be found guilty of tax evasion. While the IRS doesn’t pursue these types of felony cases for many people, the penalty for those caught is harsh.

That’s what happened to well-known gangster Al Capone, who was sentenced to 11 years in federal prison. According to the IRS, he never filed a tax return.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • Illustration of a desk with an open ledger, balance scale, coffee mug, architectural plans, and financial growth icons. 8 Ways to Get Paid in 2027 Without a Full-Time Job
  • Illustration of people walking along a desert road toward a massive calendar showing the year 2032 crumbling at the top. What Social Security's 2032 Shortfall Could Mean for Your Check
  • Classical building split into orange and blue halves labeled 2027 statutory code, beside books and balance scales. Your 2027 Tax Bill After the Midterms: What Could Change
  • A man and woman sit on a living room floor writing a holiday budget next to a glass savings jar. Do These 6 Things Now and Spend Less This Christmas
  • Cardboard package with a crossed-out $139 tag peeled back to reveal $69 and $0, beside branching blue and yellow arrows. 5 Tricks for Getting Amazon Prime Free or Cheap
  • A postal worker wearing glasses sits in a breakroom reading a Social Security monthly benefit statement. Your Social Security Check Could Drop $459 a Month by 2032 Unless Lawmakers Step In
  • Stylized calendar archway dated 01 and 15 over a split highway leading toward a sunrise and city skyline. Government Benefit Deadlines Coming Up Right After the New Year
  • Calendar grid with a green federal direct deposit ribbon interrupted by a red pause symbol on a Wednesday date. Surprising Things That Can Pause Your Social Security Deposit
  • Industrial blade marked with a cross cutting retirement benefit sheets that drop into a domestic ledger cart. 9 Reasons the Medicare Premium Announcement Matters More Than the COLA
  • Illustration of a man with a magnifying glass inspecting a phone displaying water and an alert buoy anchored to the seabed. 8 Ways to Check Whether a Payment Message Is Real

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

retirees

Moving Abroad? These 9 Countries Don’t Tax Retirees at All!

4. Ecuador Ecuador has become a genuine paradise for the thousands of American expats who…

Read More →
tax deductions, save

Top 9 Most Hassle-Free Deductions on Taxes

Student loan interest that’s been paid by your or someone else Back in the day,…

Read More →
change return

9 States That Made Big Changes to Their Tax Laws

#4 Louisiana If you are a resident of Louisiana, you are looking at an easier…

Read More →
income tax, change

These 9 States Have No Income Tax

Everyone wants to have their tax rates reduced. But this isn’t as impossible as some…

Read More →
property taxes

Here Are 10 States With the Most Favorable Property Taxes

4. Wyoming Average House Value in 2022: $303,325 Effective Property Tax Rate in 2019: 0.51%…

Read More →

Warning: 9 Reasons The IRS Can Audit You Anytime

5. Overstating deductions or disproportionately high deductions Don’t get me wrong, donating to charity is…

Read More →
Tax

5 Tax-Efficient Ways to Share Wealth with Kids

A mother watches her son play outside, considering how smart tax planning today secures his…

Read More →
avoid some taxes

Yes, You Can Avoid Some Taxes With These 6 Solutions!

Benjamin Franklin once said: “nothing is certain but death and taxes.” If you don’t file…

Read More →
tax return

6 Tax Return Secrets Most Accountants Hide From You

4. Hire the right kind of professional to help you submit your taxes For some…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.