Who is off the taxpaying hook?

[Chex]

Do you have to file a tax return? Maybe not.

While the Internal Revenue Service gets around 140 million returns a year, millions of Americans are exempt from this annual duty.

Before you wish you were among that group, however, take a look at just who typically does not have to file a 1040. http://finance.yahoo.com/news/who-is...190255976.html

Why the decrease? TPC analysts cite two key reasons, and one key reason why the people have a reason, both related to the economy.
First, the recession meant a lot of individuals didn't earn enough to file a return.

Second, to help those struggling in the recession, the president proposed and Congress agreed to stimulus measures that reduced their taxes.

Third they followed the law.

[Anthony Joseph]

who is claiming i owe a debt?

[JohnnyCash]

I'm off the hook, although on its face you'd think I would owe:

http://jesse2012.com/my109912.jpg

Thankfully I discovered Redeeming Lawful Money!

[Anthony Joseph]

"non-employee compensation"

nothing wrong with that, on its own

[shikamaru]

Earning income is a presumption of taxes owed.

Possessing insurance ...
Having a bank account ...
... as well as other indices are presumed evidence of income and a debt owed to government as well.

[Anthony Joseph]

if one requires a verifiable claim of a debt due, on the record under oath or affirmation, then said presumptions can just be mistakes requiring correction

[shikamaru]

if one requires a verifiable claim of a debt due, on the record under oath or affirmation, then said presumptions can just be mistakes requiring correction

Uncle Sam wants the filer to verify the debt via a tax form .

The filer affirms the debt via their signature ... under penalty of course.

[Anthony Joseph]

correct, only a man or woman can verify a debt; why not require the 'IRS' notice/letter writer to do so?

[Chex]

If you bank at HSBC in England, ( no NOT just England, have a friend that happened to him in the united statesmaybe even a permission sliphttp://news.yahoo.com/blogs/sideshow...222425920.html

Started to read the replies like this

This happened to me in Buffalo NY at HSBC and at First Niagara. I had to withdraw 18,000 dollars in cash to pay for a home I bought at auction. We all know auctions are cash only, no checks or credit cards. They refused to give me my own money. so I did what any rational person would do. I asked for my account to be closed and for them to provide me with a cashiers check for my money. They then wanted to give me my withdrawal. But too late. I was already #$%$. I walked out the bank with my entire account balance of over 109,990 dollars in savings and also closed out all cd's and other financial products. When they ask you why you need your money, tell them to mind their own effin business and stick to banking, leave financial literacy to the consumer.

The best one is from Patrick the most replied one saying The nerve of these customers. You'd think it was their money. then the commemts

[salsero]

I'm off the hook, although on its face you'd think I would owe:

http://jesse2012.com/my109912.jpg

Thankfully I discovered Redeeming Lawful Money!

I do not want to presume - you did not pay any taxes, including FICA TAXES on the 2012 1099-MISC?
You simply redeemed lawful money on all checks relating to the total $79073? And this automatically includes not only federal income taxes but also social security and medicare taxes as well?
If this is the case, may I ask how did you back out the L56 - Self Employment taxes out of the 1040?

[JohnnyCash]

I did not pay any federal income tax, social security tax nor Medicare tax on the 2012 1099-MISC reported amount; nothing withheld, nothing paid. Full amount billed, full amount paid. I simply redeemed lawful money on all checks related to the total $79k. No obligation to file, no 1040 filed. Perhaps you're thinking, it cain't be this easy. Well I'm here to tell you it is. No income taxes paid since 2007.

[salsero]

I did not pay any federal income tax, social security tax nor Medicare tax on the 2012 1099-MISC reported amount; nothing withheld, nothing paid. Full amount billed, full amount paid. I simply redeemed lawful money on all checks related to the total $79k. No obligation to file, no 1040 filed. Perhaps you're thinking, it cain't be this easy. Well I'm here to tell you it is. No income taxes paid since 2007.

So in other words you did not file ANY 1040, even though you received a 1099-MISC for 2012? Thank you for the audio - but it really answered nothing except about listening to a webinar.

Have you ever sent notice to the IRS that you only redeem lawful money?

If any 1099 or W-2 is issued and you, the taxpayer does not "voluntarily" submit the "accounting and pay whatever tax is due", you will be sent a letter of demand from the IRS. Please explain further.

[John Howard]

For those of you who only have false witness borne against you in the form of 1099s, the presumption that you engaged in a taxable activity is not nearly as strong as in the case of us "wage"-slaves who get a W-2. I recently was visited by a pair of goons from our favorite agency who told me that my filings made no sense and that if you work for someone else and get paid for it you owe a tax on that. Forget CtC, forget demanding lawful money, forget True Name DBA FIRST M LAST. Yeah, they wish. For the first, second, and (soon to be third) time my returns were accepted as filed, with the nominal refund applied to theft debts for previous years.

[John Howard]

It is important to understand the difference between taxation and theft. Taxation is allowed by law, whereas theft is not. Knowledge of the truth cuts theft revenue, not tax revenue.

[JohnnyCash]

So in other words you did not file ANY 1040, even though you received a 1099-MISC for 2012?

Correct.

Have you ever sent notice to the IRS that you only redeem lawful money?

No.

If any 1099 or W-2 is issued and you, the taxpayer does not "voluntarily" submit the "accounting and pay whatever tax is due", you will be sent a letter of demand from the IRS.

I don't know about letter of demand, but I suspect in that case one should expect an IRS inquiry, or at least a WE MISS YOU letter. Nothing so far. Oh, and I just received another 1099 for 2013 (WOOHOO!) so I'll have to scan that for you.