Exactly what does the IRS agent think?

[David Merrill]

Another common citation for the 3176 styled Letter is 2105. I do not see any new details that might cover redemption.

Prepping Crown indictment I discovered an interesting IRS publication:

https://www.irs.gov/irm/part25/irm_25-025-010r

Search for "chargeback" -

Exhibit 25.25.10-1

Frivolous Arguments

Frivolous arguments are currently described in Notice 2010-33, available at http://www.irs.gov/irb/2010-17_IRB/ar13.html (or its successor notice), the Truth About Frivolous Arguments, and a number of revenue rulings. Please refer to these publications for the most current listing of frivolous arguments. Recognized frivolous arguments include but are not limited to:


Non-negotiable Chargeback (NNCB) - The filer attempts to sell his/her birthright back to the government for a large dollar amount and requests that a "Treasury Direct Account" be set up to hold the money.

Interestingly this is a distorted description of redemption - redeemed from a world where debt is valued for substance, along with an absurdity that debt can be sustainable. Even clearly in the Bible the Law is Jubilee every 50 years.

In a phone call to the IRS recently a suitor was told that "Non-Negotiable Chargeback" was the FribPen category that Redeemed Lawful Money Returns fell under for charging FrivPen.