Originally Posted by
salsero
Thank you - but I am not sure I understand exactly. In essence, it is transaction based, if I get what you are answering. My question had to with additional tax liability due regardless of L21
I see your response "However, the MAIN point I am trying to make, and which your LM/FRN transaction scenarios above support, is that both the FRN-based Debt and the USN-based Reduction are TRANSACTION-BASED! This is WHY the 1040 Supporting Schedule for Lawful Money Demand Reduction has to include the Withholding transactions - to reverse these corresponding unauthorized and un-bonded debt transactions"
But this does not address the L56. Sorry if I am not understanding.
As far as the W-2, you have answered this in the above. But honestly, even if you do the declaration of life and the 411, 95a - I do see an issue. But this has to do with who is liable to discharge and acquit the "person". If I am doing the 411, then adding 95a to all transactions, I see this as a problem. But that is for another topic of conversation.
Basically, if you can answer directly the Schedule SE issue and L56, I would appreciate it. thanks