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jmf_tracy
09-01-2009, 7:57 PM
is there any truth to the internet chatter about having to list your guns on your tax return? i have come across this story a couple of different times now and i am surprised that it has not been a topic here before. can anyone either validate or debunk this?

HowardW56
09-01-2009, 7:59 PM
is there any truth to the internet chatter about having to list your guns on your tax return? i have come across this story a couple of different times now and i am surprised that it has not been a topic here before. can anyone either validate or debunk this?


NO....

SwissFluCase
09-01-2009, 8:00 PM
is there any truth to the internet chatter about having to list your guns on your tax return? i have come across this story a couple of different times now and i am surprised that it has not been a topic here before. can anyone either validate or debunk this?

I have never seen or even heard of this. Sounds like urban legend.

Regards,


SwissFluCase

Can'thavenuthingood
09-01-2009, 8:08 PM
Nothing on Thomas regarding SB 2099, I think its rumor started by Brady.
http://thomas.loc.gov/

Vick

POLICESTATE
09-01-2009, 8:22 PM
That's a new one, all the IRS cares about is how much money you made, what you are claiming as deductions and whether you are trying to pull a fast one on them.

Dr Rockso
09-01-2009, 8:28 PM
This gets rolled into a lot of the HR 45 dupe posts, but doesn't have anything to do with current legislation. SB 2099 was from the 2000 session (NINE years ago) and was titled "The Gun Registration and Safety Act of 2000". The mechanism for registration didn't have anything to do with the IRS, either.

Clearing Up the Rumors: The Truth About The “Gun Tax Bill”

Friday, May 29, 2009

In the last few weeks, NRA-ILA has received hundreds of e-mails warning us about “SB-2099,” a bill that would supposedly require you to report all your guns on your income tax return every April 15.

Like many rumors, there’s just a grain of truth to this one. Someone’s recycling an old alert, which wasn’t even very accurate when it was new.

There actually was a U.S. Senate bill with that number that would have taxed handguns—nine years ago. It was introduced by anti-gun Sen. Jack Reed (D-R.I.), and it would have included handguns under the National Firearms Act’s tax and registration scheme. This has nothing to do with anyone’s Form 1040, of course.

Fortunately, S. 2099 disappeared without any action by the Senate, back when Bill Clinton was still in the White House. We reported about it back then, just as we report about new anti-gun bills every week. Now, it’s time for gun owners to drop this old distraction and focus on the real threats at hand.

trautert
09-01-2009, 8:49 PM
There was an article in the latest Gun News about debunking two internet myths. This one about the IRS (this was possibly extended from an old bill proposing that all handguns be made subject to NFA, and become tax stamp items like MGs) and another about people over 60 not being allowed to own firearms any more. Both are nonsense.
Tom

jmf_tracy
09-02-2009, 11:14 AM
good news. i did not think that it was true, but i needed to run it by the calguns crew to see what was up. thanks guys.

bohoki
09-02-2009, 2:33 PM
i'm not familiar with all the irs but do you have to report any valuable assets? such as like art and gold or expensive appliances ?

they could go at it that way but my stovetop cost more than my ar15

nat
09-02-2009, 2:37 PM
FUD

it has been debunked here many times.

sorensen440
09-02-2009, 2:58 PM
Nope

motorhead
09-02-2009, 3:15 PM
as halloween approaches old fud rises from the dead. notice a resurgeance in hr 45 stuff also.

POLICESTATE
09-02-2009, 3:18 PM
I think I saw a print out about HR45 FUD on the cash register at Sportsmen's Supply in San Jose today, next time I go I'll have to double-check. I glanced at it but it was so much BS I didn't believe it was true to begin with, that and their sales guys are always telling people(rough paraphrase) "buy it before it gets banned"

Seesm
09-02-2009, 3:22 PM
helllzzzzzzzz no

Fate
09-02-2009, 3:42 PM
...and another about people over 60 not being allowed to own firearms any more.Awww man. I was thinking about using that one on my Dad, trying to get my grubby hands on some of his stuff ;)

leitung
09-02-2009, 3:51 PM
Isn't this like the 3rd time this week, who pulled this thing out from the grave again?