Drug dealing income would be disclosed as "Other income".
If you volunteer "drug dealer" my guess is they could use it against you. Similar to showing up at FBI headquarters and shouting "I'm a drug dealer!"
Drug dealing income would be disclosed as "Other income".
If you volunteer "drug dealer" my guess is they could use it against you. Similar to showing up at FBI headquarters and shouting "I'm a drug dealer!"
Unless "drug dealer" is one of those codes it's not an option to select that so that isn't the correct answer for code.
The instructions for the codes state, "Note that most codes describe more than one type of activity."
If you must provide a description as well you would provide one that describes more than 1 type of activity, not "drug dealer".
* Pharmacies and Drug Retailers: 456110
* Drugs and Druggists' Sundries Merchant Wholesalers: 424210
What else would you put in the Occupation field at the end of the form?
That field isn't actually used for anything other than determining if you are eligible for tax breaks like the school teacher deductable.