Did you know that income from all illegal activities, such as money from dealing with drugs, must be included as income on Schedule 1 so it can flow onto your 1040?
You will also be taxed for self-employment taxes as well, so both side of FICA.
Did you know that income from all illegal activities, such as money from dealing with drugs, must be included as income on Schedule 1 so it can flow onto your 1040?
You will also be taxed for self-employment taxes as well, so both side of FICA.