1040 help

[doug555]

Their U.C.C. operating procedures may be helpful in this regard as well (I'm thinking in written form here) . . .

U.C.C. Section 3-114: If there are contradictory terms on a check, typewritten terms prevail over printed terms, handwritten terms prevail over both, and words prevail over numbers.

So how do we use their own operational parameter rules to our favor in making our demand for the payment of our check/draft medium of exchange in lawful money of value ONLY?


Try this: (my poor attempt at trying to recreate the face of a personal check/draft)


Pay to the order of: ABC Company _________________. $[See Below]

One hundred and no/hundredths U.S. issued lawful money of value in units of Dollars

This is a Title 12 USC §411 described lawful
money of value consumer transaction

For: described in UCC 3-103(a)(3). . . . . . . . . . . . . .By demand: your autograph, maker (UCC 3-103(a)(7))


Analysis:

1. Per the 4 corners [ ] rule, you have eliminated them establishing an exchange ratio for purposes of this transaction between their $[### ] "FRN's" and the long-form written value expressed in "Dollars" below their $BOX.

2. You have ordered the payment of this check/draft to be made in U.S. situs based lawful money of value in units of "Dollars", and not foreign/private FRN bills of credit evidencing a debt.

3. You have described the purpose of this check/draft as being the actual payment (not discharge) of a consumer transaction in value.

4. You have made your compliance with 12 USC 411 "By demand:" known as the maker of this check/draft. (transacting absent accommodation is authorized per U.C.C. 4-205)

5. No fractional reserve fabrication of additional debt is allowed resultant to your "non-accommodation" of their private-credit FRN instruments.


What are your comments/questions in relation to the above approach in building your administrative record for such lawful money offsets on your annual tax return(s)?

IMO, the DEMAND in 12 USC 411 has to do with the REDEMPTION, and not ISSUANCE, of lawful money.

The presumed and legitimate default currency in USA is FRN Fiat Notes.

Redemption of same can only occur in the after-the-fact usage of same.

Therefore, I believe we cannot demand payment in lawful money, per se.

However. we can state that "lawful money and full discharge is demanded for all transactions 12 USC 411, 95a(2)" so that we can redeem these same amounts on a subsequent 1040 Form on line 21.

Make sense?