• TalesOfTrees@sh.itjust.works
    link
    fedilink
    arrow-up
    10
    ·
    7 months ago

    I dont know what I expected, but apparently the 1099A form, at least for the US, is for foreclosed on or abandoned property. It’s probably a good thing I have no idea how that translates into “Use it to buy a car”.

    • ImplyingImplications@lemmy.ca
      link
      fedilink
      arrow-up
      9
      ·
      7 months ago

      They believe the government owes everyone $2 million at birth but the only way to access it is by using a 1099A tax form as a cheque. The person who receives it is supposedly allowed to cash it by sending it into the IRS who will pay them using the secret money in your secret account. If it makes no sense it’s because you have a functional brain.

    • breadsmasher@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      7 months ago

      File Form 1099-A for each borrower if you lend money in connection with your trade or business and, in full or partial satisfaction of the debt, you acquire an interest in property that is security for the debt, or you have reason to know that the property has been abandoned. You need not be in the business of lending money to be subject to this reporting requirement.

      It really makes no sense. All I can assume is they read “acquisition of … property” and literally nothing else

      https://www.irs.gov/forms-pubs/about-form-1099-a

      • wjrii@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        7 months ago

        It’s deeper than that. The conspiracy posits that the fraudulent US government holds a certain amount in trust for each sovereign person that they “bought” and that with the right paperwork you can access that money as the natural executor of a trust set up with a similar name to yours but in ALL CAPS because conspiracy, and definitely not because typewriters and dot matrix printers.