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Jewish World Review April 8, 2005 / 28 Adar II, 5765 Best comedy writers work for the IRS By Lori Borgman
http://www.JewishWorldReview.com |
I have a long-standing tradition of getting surly at tax time. This happens
to many people, but is especially likely to happen to those of us who are
self-employed.
The husband, whom I find to be thorough and honest to the point of
obsessive, sometimes questions the accuracy of my record keeping. At such
times, I am prone to turn on him and his manila envelopes stuffed with
receipts, check registers, pay stubs and computer printouts and
affectionately refer to him as a dinosaur. He responds with some crack
about how do I think I'd look in an orange jumpsuit, and the next thing you
know we are in that Ladies Home Journal feature, "Can This Marriage Be Saved?"
The husband knows it is important to keep me in good humor while working on
taxes. He often does this by giving me interesting things to read from the
1040 instruction booklet. Last year he supplied me with entertaining
material on tax deductions that include yachts, luxury vacations, golf
outings and trips to Vegas. He believes that if my hands are holding
reading material, they are less likely to be rifling through his
highly-organized records or inching around his neck.
This year he has thoughtfully directed me to the section of the instruction
booklet titled "Other Income." In the middle column of page 27 of form 525,
you will find, in bold print, BRIBES. "If you receive a bribe, include it
in your income."
There's more. In addition to bribes, the IRS would also like you to report
kickbacks. "You must include kickbacks, side commissions, push money or
similar payments you receive in your income . . . "
So I guess you go to H&R Block, hand over the W-2s and say, "Oh, by the
way, add in 15 grand under other income for a construction contract I threw
to my brother-in-law." Maybe if you pay your 23 percent in taxes, nobody
bats an eye or asks for an explanation.
The IRS would also like you to report — ready? — illegal income. "Illegal
income, such as money from dealing illegal drugs, must be included in your
income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040)
if from your self-employment activity."
My question is this: Do you just write the amount of income from illegal
drugs on line 21, or do you also draw an arrow into the margin and
scribble, "Meth lab good this yr., pls don't tell Momma, her heart ain't
that strong."
Finally, the IRS would also like you to report stolen property. "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."
"Hello, IRS? Yes, I'd like to amend my tax return from two years ago. Well,
I have some stolen property, DVD players, computers, fine jewelry, you
know, the usual, and I just realized I forgot to report it under other
income. Now, can I just amend that on-line or do you want me to come down
to the IRS office in person?
"OK, sure. Does it matter to you if I come down in my own car or, say,
borrow a BMW out of the bank parking lot, as long as I assess fair market
value for next year's return?"
Whoever said the Feds don't have a sense of humor must not have been filing
tax returns. This light-hearted tax moment has been brought to you courtesy
of the IRS and the dinosaur.
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JWR contributor Lori Borgman is the author of , most recently, "Pass the Faith, Please" (Click HERE to purchase. Sales help fund JWR.) and I Was a Better Mother Before I Had Kids To comment, please click here. To visit her website click here.
© 2005, Lori Borgman
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Arnold Ahlert | |||||||||||
