Re: IRS training manual re : attorneys and deferring income
There is a way the Neteller fiasco would come into play. THIS IS HYPOTHETICAL. Not to serve as actual tax advice. If you put money into your Neteller account on the day it was seize, and thus did not have Constructive Receipt, you would have an arguement that you did not own taxes on that money. However, if the money was in the account the day before, and you could have theoretically taken it out, (the mess with non-seized Neteller accounts being irrelevant), than the general consensus is that you achieved constructive receipt. However, Poker CPA seems to believe something different, and I am interested to hear how he is treating this issue.
|