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Submitted 303 days ago...

Ruchele

Ruchele

Brain (3,166)

What will you report this year?

The bowl you borowed? The neighbors hedge trimmers?

If you steal property, you must report its fair market value in your income in the year you steal it unless in the same year, you return it to its rightful owner.

What will the IRS Not tax? LOL

http://www.irs.gov/publications/p17/ch12.html#publink100033177

 
 
 
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Answer 1 / 4

Submitted 303 days ago...

grandmother

grandmother

Authority (413)

LOL! I've never noticed that one. I'd better warn my neighbor that she'll be taxed on those two eggs she borrowed last week,. Returning them is not an option! LOL!

 

Answer 2 / 4

Submitted 302 days ago...

Skoolie

Skoolie

Brain (2,124)

On noes! My mom always sends home food with me, I have her casserole dish and a bunch of her tupperware still.

I also borrowed a sheet of paper from a coworker in which returning is not an option. hehehe.

 

Answer 3 / 4

Submitted 302 days ago...

Ruchele

Ruchele

Brain (3,166)

I have my girlfriends chip bowl, I think she payed .97 cents for it at walmart, I wonder if I can depreciate the value...hmmmm

 

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Answer 4 / 4

Submitted 301 days ago...

mma_mom

mma_mom

Expert (998)

Dammit - I better call my accountant for a re-do....

 

This Question was awarded 296 days ago therefore you can no longer post an Answer. However you may post a comment below.

 
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Submitted 296 days ago...

Ruchele

Ruchele

Brain (3,166)

LOL

 
 

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mma_mom

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