The List of No

And another two on the list of positions not to take on your individual income tax return as determined by IRS:

25.  A tax assessment is invalid because the assessment was made from a section 6020(b) substitute for return, which is not a valid return.

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11. Federal Reserve Notes are not taxable income when paid to a taxpayer  because they are not gold or silver and may not be redeemed for gold or  silver.

Psst, remember:  This is a list of positions NOT to take!!

Kelly Phillips Erb

Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.

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