Okay, I want to talk a little bit today about the 1099-A and 1099-OID. First thing, you have to understand is that your strongman corporation, which is your name in all capital letters, was set up with your birth certificate. They made it into a bond as they promised to pay money at a later date, and the bond was placed into a trust. The trust is housed at one of the twelve Federal Reserve banks within the United States, as evidenced on the back of your Social Security card. You'll see a letter A through L, which designates which Federal Reserve Bank is housing your trust account. There was a new bankruptcy initiated or a new loan contract initiated in June of 1999. So, if you have an older Social Security card, you can go down and get a new one. You're allowed to get ten of them over your lifetime because ten bond accounts are set up and they hypothecated ten times. In terms of Federal Reserve notes, the powers that be are just rolling in money. There are trillions and zillions of dollars. The only reason we don't have it down here is that we haven't been taught in public school, which is debtor training. They lead you to believe you're a debtor, but in every instance where you interact with a bank or an institution, like a bank for example, let's say you want to take out a loan to purchase a house, a human being can't borrow money from a corporation. When you go to fill out your loan application, there's no one else there saying, "Okay, we're going to lend you money," because you're actually the one loaning the bank the money or the credit. You're the signatory to the bond account, and that's the only...
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It is required to file a 1099-a for a personal use automobile Form: What You Should Know
What's the Deal With the Balance Amount on Form 1099-A? April 29, 2024 — If you sold a personal residence in the first few months of that year, you reported the excess balance as taxable interest. What's The Deal with the Balance Amount on Form 1099-C? January 31, 2024 — Form 1099-C is an informational form used by the Internal Revenue Service (IRS) to report payment of interest on an item you purchase from a seller in the taxable year. What's The Deal With The Balance Amount on Form 1099-A? January 31, 2024 — When you sell your personal residence, you report the balance as taxable interest to the IRS.
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