Filing Tax Returns on Stolen Property

[Sombeech]

:roflol:

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

Scroll all the way down, then up 5 topics to "Stolen Property" or just do Ctrl F to find "steal"

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.

[ststephen]

We had a "security consultant" at a company I used to work for. He always seemed a little slimy to me. Eventually he stopped showing up for work and we learned he was actually a scam artist who really had no CS credentials. At about the same time an expensive bit of networking gear came up missing.

6 months later we get a call from his now-ex-wife. "Hello, I wanted to know if you could tell me what the value is of an Acme-9000. My cheating no-good ex-husband 'bought' it from your company and I need to sell it now". "Sure, we'll have a police officer right over to help you estimate its value" :roflol: