• breadsmasher@lemmy.world
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    3 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
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      3 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.