Submitted by xCreamPye69 t3_10ontj7 in explainlikeimfive
Any-Broccoli-3911 t1_j6fu3bo wrote
Reply to comment by xCreamPye69 in ELI5: Why does the IRS want your illegal income declared on tax returns? by xCreamPye69
You just declare your income you don't declare the source.
If you want to face a source, you can do money laundering for that. The IRS doesn't care about the money being laundered or not, they just want you to declare the good amount.
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