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Understood completely. But, it IS technically an option. Hell, you can file a tax return that's just a photocopy of of your left foot, if you want to. It's stupid, it'll land you in deep trouble, but it IS always an option :-).

Sounds to me like you understand things pretty well, then. It's certainly not my intent to preach, but I can't recommend that someone join the underground economy, either.

Actually, you'd need to add things up to find the impact on your tax return. It may be that reporting things on the up-and-up actually reduces your current taxes very legitimately because of the allowable deductions.

Then again, if the legit deductions are low, it might add to your current taxes.

--Peter <== who knows people in your situation who've gone both ways.
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