Quote:
§ 31.3406(b)(3)-1 Reportable payments of rents, commissions, nonemployee compensation, etc.
(a)Section 6041 and 6041A(a) payments subject to backup withholding. A payment of a kind, and to a payee, that is required to be reported under section 6041 (relating to information reporting of rents, commissions, nonemployee compensation, etc.) or a payment that is required to be reported under section 6041A(a) (relating to information reporting of payments to nonemployees for services) is a reportable payment for purposes of section 3406.
A payment of a kind? sorry not that kind of payment (Federal Reserve notes). The filer respectfully declines to treat his/her lawful money income as taxable and won't be paying the bankers' tax. The IRS responses always avoided the filers argument - nothing about lawful money or the deposits made. Each side just kept refusing the other's offer. Until, finally, the filer won. Zero amount due. May have the final letter here somewhere.