13 Weird Things the IRS Considers Taxable, From Bribes to March Madness Pools
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Accept any bribes or rob any banks lately? If so, and you don’t report it as income, you can add tax evasion to your list of illegal activities.
The long arm of the IRS extends beyond your paychecks. It may be obvious to everyday taxpayers that they must report their wages, but few likely realize the feds also expect a cut of their profits from more under-the-radar ways of accruing income, like from crypto investments, crimes and even jury duty.
As the April 18 tax filing deadline approaches, don’t get caught leaving any of these 13 offbeat items off your tax return:
Bribes and kickbacks
It may seem counterintuitive to tell the government about your clandestine backroom deals, but the IRS says they're taxable. In Publication 525, the agency specifically mentions that it considers kickbacks, side commissions, push money and the like as self-employment activity and expects you to report it on a Form 1040.
Babysitting earnings
