2006-11-01 14:41:05 · 9 answers · asked by RJ 3 in Business & Finance ➔ Taxes ➔ United States
such as Social security disabulity insurance (back payments) direct deposited ?
2006-11-01 14:46:02 · update #1
Federal government income is 100% tax proof.
2006-11-01 14:44:43 · answer #1 · answered by Griff 5 · 0⤊ 0⤋
NO.
The only way is to make money "under the table"
The irs can seize anything they want.
I am not promoting doing this but,
Making money illegally is the only way, since they don't know you are working and making money, so as long as you don't put the money in the bank, they won't know you have it.
2006-11-01 22:47:27 · answer #2 · answered by alanpks4 4 · 0⤊ 0⤋
Sure income that is paid in cash only...there is no record therefore it can not be taxed. Also income of no-for-profit organizations is not taxed since it is not technically income.
2006-11-01 22:43:32 · answer #3 · answered by Country Girl for Life 5 · 0⤊ 0⤋
cash transactions that are unrecorded
cash earned overseas under the taxable floor (but not if the cash is stored in an American bank account)
Money you've used to pay for your own gravesite or prepay your own funeral expenses
speculatively: resettlement monies for individuals in the witness protection program
2006-11-01 22:52:06 · answer #4 · answered by urbancoyote 7 · 0⤊ 0⤋
Municipal interest on obligations issued by your home state.
2006-11-02 06:25:34 · answer #5 · answered by waggy_33 6 · 0⤊ 0⤋
Do you mean asset?
I have heard that wedding rings are exempt...
2006-11-01 22:42:40 · answer #6 · answered by ssssss 4 · 0⤊ 0⤋
Tips, prostitution, private sales....
2006-11-01 22:43:14 · answer #7 · answered by Roger89 3 · 0⤊ 0⤋
cash only sales:
Drug money
Prostitution
Loan sharking
etc...
2006-11-01 22:48:48 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It all can be ;)
ssshhh!!
2006-11-02 02:48:55 · answer #9 · answered by Anonymous · 0⤊ 1⤋