Line 8z is “all other types of income” it’s not specifically “income from crimes.”
It’s just a catch all for anything not covered in A through P. Like, gambling winnings or unreported cash tips. The IRS just wants their cut. They don’t actually care where the money comes from. An insurance payout might go on that line.
Line 8z is “all other types of income” it’s not specifically “income from crimes.”
It’s just a catch all for anything not covered in A through P. Like, gambling winnings or unreported cash tips. The IRS just wants their cut. They don’t actually care where the money comes from. An insurance payout might go on that line.