All guns are collectable The FBI does not investigate NICS "stop" results - what makes you think it will take a look at a multiple gun 4473? How will the FBI -know- about a multiple gun 4473?
That's not what this thread is about. The OP is specifically about a new policy for credit card purchases.
Because they aren't. Nor are all cars collectable, or all stamps, or all rocks or all baseball cards or...
Collectability is in the eye of the collector. Who thought Coleman lanterns would ever be collectable?
LOL What guns are not collectible, and why? How many guns is "suspiciously large"? How is your response not arbitrary and capricious? This isn't that hard.
He would not have to report anything, the dealership would: https://www.irs.gov/businesses/smal...rade-or-business-motor-vehicle-dealership-qas ”Generally, any person in a trade or business who receives more than $10,000 in cash in a single transaction or related transactions must complete a Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or BusinessPDF.” Bolded is mine. Also, not all cash transactions fall under it. For instance: “However, you do not have to file Form 8300 if the transaction is not related to your trade or business. For example, if you own a jewelry store and sell your personal automobile for more than $10,000 in cash, you would not submit a Form 8300 for that transaction.” https://www.irs.gov/publications/p1544 You are correct in that a personal check is not considered a cash transaction: “Example 2. You are a retail jeweler. Mary North buys an item of jewelry from you for $12,000. She pays for it with a personal check payable to you in the amount of $9,600 and traveler's checks totaling $2,400. Because the personal check is not treated as cash, you have not received more than $10,000 cash in the transaction. You do not have to file Form 8300.” https://www.irs.gov/publications/p1544
Multiple things were claimed. Such as you claiming he had to report that 10,000 transaction when he didn’t, the dealership did. You also claimed all of them over 10,000 would have to be reported but that isn’t correct either. While your score was good for baseball(1 for 3), it’s not that great outside of that.
K: Both of those claims are in that one sentence. Anything 10k and up with cash? Nope, there are exceptions, and it’s the dealership(in his case) that reports the cash not the individual who paid.
YOur interpretation of my post. I get it. That still isn't what I said. Are we done here yet? This is getting boring.
