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First time lawful money return worked !
Thank you for all the help on this site. I have been absent with no computer but now can post.
My circumstances involved selling homes and capital gains liabilities. The state of Colorado and the title company taxed me on the premise that I would owe capital gains to the IRS. One form from the title company asked the question, and stated that I could only answer this question with a yes or no answer. The question was, " Did you only receive Cash or did you receive cash and other considerations? Since the check from escrow was deposited demanding lawful money I wrote that I only received lawful money demanded pursuant to title 12 USC 411. The state of Colorado received the tax return on the 22nd of April and cut a check for me on July 15th. It is interesting that the check did not arrive until July 29th. I really appreciate all the help, thanks, Johnny
Thank you for all the help on this site. I have been absent with no computer but now can post.
My circumstances involved selling homes and capital gains liabilities. The state of Colorado and the title company taxed me on the premise that I would owe capital gains to the IRS. One form from the title company asked the question, and stated that I could only answer this question with a yes or no answer. The question was, " Did you only receive Cash or did you receive cash and other considerations? Since the check from escrow was deposited demanding lawful money I wrote that I only received lawful money demanded pursuant to title 12 USC 411. The state of Colorado received the tax return on the 22nd of April and cut a check for me on July 15th. It is interesting that the check did not arrive until July 29th. I really appreciate all the help, thanks, Johnny
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