
04-14-2007, 11:43 AM
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Waking Up
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Join Date: May 2006
Posts: 28
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Help with FRNs and 1040
I have endorsed all my pay checks, except Jan and feb with the "deposited for credit on account or exchanged for non-negotiable/non-redeemable federal reserve notes of face value."
How do you fill in the 1040 to get the credit? I tried treating them as "worthless security" but that only gets a $700 deduction between fed and state tax forms.
How do I fill out the 1040 to take advantage of this benefit?
Thank you in advance,
Delawarejones
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04-14-2007, 11:53 AM
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Practice Makes Perfect
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Join Date: Nov 2006
Location: at Massachusetts Republic
Posts: 227
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Quote:
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Originally Posted by delawarejones
I have endorsed all my pay checks, except Jan and feb with the "deposited for credit on account or exchanged for non-negotiable/non-redeemable federal reserve notes of face value."
How do you fill in the 1040 to get the credit? I tried treating them as "worthless security" but that only gets a $700 deduction between fed and state tax forms.
How do I fill out the 1040 to take advantage of this benefit?
Thank you in advance,
Delawarejones
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I do not know what the answer is but I wanted to give you an idea. The stamp is a non-endorsement of the private credit. Just know that so you don't slip up one time when you're at the bank and call it an endorsement. You are NOT agreeing with the Federal Reserve that you understand their money system. Hopefully David can help you on here.
S.U.S.
__________________
"In a world of deceit, telling the truth is a revolutionary act" - George Orwell
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04-14-2007, 05:25 PM
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Come and Get Some!
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Join Date: May 2005
Location: Colorado.
Posts: 6,269
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good faith
Strictly speaking, the paychecks and checks you have endorsed prior to using the non-endorsement stamp (or handwriting) is taxable income. After you started non-endorsement, that income is non-taxable. So figure it from that.
However the nature and cause in admiralty for revenue causes was not clearly explained to you. I am assuming so anyway. So you might presume that bad faith vitiates any and all contracts and obligations to perform. If you are going to assert your right to lawful money, you better send the law along. That way an IRS agent may forward your return to an attorney who will understand you Return is not frivolous after all.
I badgered an IRS agent into admitting the only ammo in the IRS arsenal is the assumption that you mean gold or silver coin by "lawful money". That of course is a frivolous argument as it has failed in the courts many times. Your argument is that you intend to or always intended to redeem FRNs in lawful money without ever even handling FRN's private credit. I am figuring you have read Posts in the Public Money by Right thread.
Regards,
David Merrill.
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04-14-2007, 05:45 PM
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Mental Jujitsu
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Join Date: Feb 2006
Posts: 676
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Quote:
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Originally Posted by David Merrill
If you are going to assert your right to lawful money, you better send the law along.
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David, what do you mean by the above statement? Send the statute along with the do***entation asserting your right? Which statutes?
__________________
Liberty: Freedom from restraint and the power to follow one's own will to choose a course of conduct. Liberty, like freedom, has its inherent restraint to act without harm to others and within the accepted rules of conduct for the benefit of the general public.
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04-14-2007, 05:59 PM
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Come and Get Some!
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Join Date: May 2005
Location: Colorado.
Posts: 6,269
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Order a certified copy from my clerk:
(719) 520-6200
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04-14-2007, 07:33 PM
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Waking Up
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Join Date: May 2006
Posts: 28
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Thanks for the help everyone.
David, I understand that saying this is not redeemable for gold and silver is frivilous and has not standing in court, at least none that I could find.
In terms of a 1040 how do I apply this so the irs will accept it? Do I simply put down the monies earned in jan and feb as gross income?
Thought I had the angles figured out, but when it came to the 1040, ooops. It did not work.
I have read the thread regarding public money. Great thread BTW, and thanks, very helpful. I am lost on the 1040. Maybe I do not completely understand?
Delawarejones
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04-14-2007, 09:58 PM
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The Outta Commissiona
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Join Date: Oct 2004
Location: Florida Republic
Posts: 5,389
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Putting anything OTHER THAN JUST your signature could very well be classified as an "altered jurat" by the IRS
THIS could easily be construed as Frivolous Penalty #11
Quote:
Altered Jurat/UCC 1–207 (JURAT) - The individual submits a return that contains income and deductions but the jurat has been altered or stricken. May include reference to UCC 1–207 or a statement that the return was not signed under penalties of perjury. The alteration may be located elsewhere on the return with an arrow pointing to the jurat. There may be an explanation on the return or attachments reflecting the desire to negate the effect of the jurat by showing the taxpayer did not intend to file a return in good faith.
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http://www.irs.gov/irm/part4/ch10s18.html
THis then gets the ball rolling for a $5,000 penalty
Then, they proceed with trying to collect that penalty money via wage garnishments, etc . . .
You either file - straight up with no voodoo attached
or you don't - - - there is no DMZ
if you choose not to file, you better hope that you didn't get that job on the basis of an SSN.
If you did, then they will garnish the pants off of you until you
A. Quit
B. Get fired
Last edited by weishaupt1776 : 04-14-2007 at 10:07 PM.
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04-15-2007, 02:59 AM
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Come and Get Some!
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Join Date: May 2005
Location: Colorado.
Posts: 6,269
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Sadly true Weis;
I began a response last night but did not submit it to Post because there is something terribly wrong here. Just the basic mathematics on the 1040 Form being defied in such a manner got me thinking this is a word trap - a Quatloser getting me to say something stupid in response to something stupid.
Should Delaware add the months of non-endorsement into the gross income, that income will only be construed taxable and it will contribute to the tax liability.
Thank you for pointing out the angle by which an IRS agent may feel justified tacking on a $5K frivolous fine. In the conclusion of the memorandum however, we find that a frivolous claim cannot be supported by standing law. That is why I said include the law by certified copy. - so the agent will turn the Return over to an attorney who will make a better judgment call than a lesser-trained administrative agent.
Otherwise I hope it goes unsaid that people here are pursuing a higher truth than blind corporate obedience. It is inherent in the mysteries kept hidden in parables - mysteries within the inner apocalyptic mystery cult of 13=8+5 [1+2=3;3+2=5;5+3=8;8+5=13...]* defined in 1611 (King James' Masonic Version) that for one to abandon Rules of Evidence (Hebrews 11:1) then outside the Seven Noachide Laws, Paul has condemned you to be subject to the powers of the IRS (Romans 13). It goes unsaid that there are consequences.
If you plan to declare the untaxable events as taxable, simply sign the 1040 Form and do not flag yourself as some kind of troublemaker or lunatic.
Regards,
David Merrill.
* This progression, the Fibonacci Sequence forms the 61.55% ratio found on the intersection of each line in the Pentagram. The Pentagram demonstrates the Sanhedrin of 72 (including Eldad and Medad) 360/5=72. The Five Cube Sum Number Locks are defined first by 153 (fish)...
Last edited by David Merrill : 04-15-2007 at 07:14 AM.
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04-15-2007, 07:11 AM
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Come and Get Some!
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Join Date: May 2005
Location: Colorado.
Posts: 6,269
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postscript
I gave the altered jurat a thought or to too Weis. There is no alteration on the jurat of the 1040 Form. I believe the instruction on the Memorandum is directed toward altering the signature.
Maybe I should explain a little more carefully for Delaware, so that there is no offense taken.
Let's say your employer paid you $8K worth of paychecks in the last couple months while you were non-endorsing. And let's say your bracket is 40% income tax. That is now $3200 in tax liability that will be deducted from your Refund.
At $48K/year though you only earned $40K in taxable income because that is what you endorsed private credit. So you would only report $40K in income because the IRS is only interested in your tax liability - taxable income. The IRS has no right to a Return of Income on lawful money. $8K was earned and redeemed in lawful money.
This brings us to what you report being diferent than what your employer reports through the Withholdings process. And that comes to your fundamental right to be heard. Your testimony is signed under penalty of perjury and your employer is telling the IRS agent hearsay.
I got into a debate with an IRS agent on a chat recently and this is a sore spot with the Quatlosers as well. Your testimony holds before any hearsay, in any court of law/record anywhere.
So what you might do is use the small discrepancy of $8K for precedent for next year - when you have earned a grand total of $0 taxable income because you have been redeeming every penny in lawful money. Enjoy the additional $3200 Refund this year but send nothing in. No copy of the Title 12 law, no affidavit of truth. Simply declare the $40K taxable income as your income and I assume you have been retaining any copies your paychecks - front and back that you non-endorsed.
If you are audited, take those copies with a certified copy of the law with you. Show how you only earned taxable income until you understood your right to redeem lawful money. For the rest of your life you intend to be redeeming lawful money with your paychecks. But keep IRS jokes to yourself okay?
If the Return goes through without a glitch, do not feel guilty about your extra $3200 Refund. But next year, if they get all bent out of shape at having to Refund your entire Withholdings, show them this year's Refund.
I apologize if my reaction to your question about adding the non-taxable lawful money to the gross income was abrupt. Please forgive me. But if you intended for me to respond with something as errant in arithmetic, I was not nearly as abrupt as I should have been.
Regards,
David Merrill.
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04-15-2007, 07:11 AM
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Come and Get Some!
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Join Date: May 2005
Location: Colorado.
Posts: 6,269
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postscript
doubleclicked submission.
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