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Thanks to knowledge I've learned from David Merrill & Michael Joseph I have been redeeming lawful money for years now and not paying income taxes on that income. Yet many of us still need to file 1040 tax returns for various reasons. Maybe to refute IRS presumptions, obtain a refund due, or just help family members with their lawful money returns. As I get ready for filing I thought we could have this thread to help (or hinder) each other with this year's filing.
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Great; i need to file this year too.* Have you considered launching a TWITTER campaign from a pdf file stored on a Google Drive made accessible only by way of a blogspot site? -
Great idea; the Thread. I have some things to add in a couple days.
Marcel; I can follow the words but would like to know the objective, and what the expected results might be? I do not Tweet (yet) and that step leaves me a little baffled. I am looking for ways to promote LMT and also my new video:
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Like this?Originally posted by marcel View Post
Check out these search results: https://twitter.com/hashtag/12USC411?s=09Comment
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Spank you Doug. The objective is national awareness. Most people don't know they can stop paying income taxes by simply not using Federal Reserve currency. Like I did. As they say - So simple a caveman can do it.Last edited by marcel; 05-28-18, 06:07 AM.Comment
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Yeah, me too. Actually I believe it's so easy a caveman can do it.
Anyway we should be OK as long as SavingToSuitorsClub doesn't appear in the Google search results for: redeeming lawful money.Comment
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Lawful money tax return
Not really that hard. Can show you how I file my lawful money tax return and perhaps you can learn by example.
We've discovered the US Income Tax is really an indirect tax on the incoming transfer of Federal Reserve notes. An excise tax on FRNs. And you can avoid the excise by avoiding the currency. How? By redeeming lawful money. That's the remedy we speak of. And as David points out "We are beyond the validation this is the correct interpretation of remedy. It is."
If this is a new concept you might best start learning here at this thread http://savingtosuitorsclub.net/showt...RS-agent-think
someone Single under age 65 with reported income above $10,350 would be required to file; to give a report, an accounting of use of the estate/trust.Comment
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It's time to just BYPASS the old system!
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Experience tells me the federal agencies will treat anything on those w2, 1099 reports as FEDERAL income. As in Federal Reserve money. I once received a 1099 for 2013 and the amount on it later showed up as Earnings on the Social Security website :
And that was after filing a LM tax return. However after many letters to the IRS back n forth they finally gave in and "made the changes you requested" Now my SS file looks like this - no SS earnings. And no SS equals no income tax:
Last edited by marcel; 04-13-18, 01:05 AM.Comment
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Sounds like you got caught up in the AUR machine, Marcel. Automated Under Reporter (AUR) is the IRS codename for their system that detects & responds to reported income mismatches: https://www.forbes.com/sites/ashleae...cp-2000-notice
Did you not include the 1099 amount on your tax return? I try to include them on the 1040 return, even if it's just an attached statement explaining why you left it off the return. But glad you won in the end!
It's crunch time. Only three days left til April 17th filing deadline.Last edited by lorne; 04-14-18, 07:31 PM.Comment
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Redeem some lawful money
it's not that hard
You'll feel as powerful
as Captain Picard
OK here's how I do it...
2) Load up the tax software - this example uses TurboTax but you can use whatever.
3) Enter your reported income. If the Form W-2 from Employer shows $50,000 in Box 1 (Wages) then I enter it as income. Now before we go any further, take a look:
Top left shows I owe $2177. to the IRS.
4) Enter the amount of reported income that was actually Redeemed Lawful Money. Scroll down to Less Common Income and then Miscellaneous Income. Now scroll down to Other reportable income. This is where I enter the total of my redeemed lawful money for the year. Let's say it was only $15,000. so I label and enter that as a negative number:
And now look what's happened. I've gone from owing the Feds to ... due a refund of $282:
Last edited by lorne; 04-17-18, 02:06 AM.Comment
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Now imagine if you redeemed even more lawful money. Note that filing of a LM tax return also serves to correct the presumptions of Federal income. By not filing a return the IRS will presume the 'info returns' are correct; that they reflect amounts of central bank currency. This is your chance to rebut/refute those errant reports and correct the record.
5) Preview and Print. Once you've completed the software questions and entered everything to your satisfaction, it's time to preview and print out the return. The important section of page 1 will look something like this:
6) Attachments. I will attach a sampling of redeemed lawful money (per 12 USC 411) check deposits made during the year (2017). One, two or three examples typically.
7) Sign and date the return. Get it in the mail postmarked by April 17th, 2018
And ... you're done!Comment
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