I watched just about every Chris Hauser video on his YouTube channel. The "Why are you paying taxes?" video where here in detail tells you what to include in the payment letter to the IRS. Well I addressed the letter to Daniel Werfel, Commissioner of the Internal Revenue Service. My letter included EVERY WORD that Chris tells you to write. I sent the letter along with the bill/statement endorsed with my beneficiary signature along with a 1099 A also endorsed with my beneficiary signature. I sent it certified/return receipt. In less than 3 weeks my balance is now $0. I appreciate everything Chris has shared and I will continue to use this platform to gain more knowledge. I have made a donation, but God has put it in my heart to donate monthly because I believe in this platform and appreciate this platform.
1 Answer
Thank you for sharing the letter. Did you send the 1099-A, 1099-OID, 1096, 1040v, 1199-a filled out or did you send the forms "blank" for the IRS to fill them out for you? I am confused. If I give you my email address, can you send me a copy of the forms? (feel free to white out your personal info.)
You're welcome. All I sent with my letter was the statement that came from the IRS (which I endorsed on the back with my beneficiary signature) along with the 1099 A that you have to request from the IRS (they will mail it out within 7 to 10 business days if they have forms available- If they don't have forms available they will send them out when they become available). I filled out the 1099 A the way Chris shows us in the video (PREPARING THE COUPON). Once I filled out the 1099A I turned it around and signed the back of it with my beneficiary signature.
Great. I'll do that! I appreciate your feedback.
It's my pleasure, here to help in any way I can. Best of luck to you.
@Alex Valdivias - Yes, I was. (For any other questions, send me your email)
That is great news. Thanks for sharing
Congratulations on the win!
You're welcome and thank you!
Can you please share that letter?
@Finn Sol - I don't see an option to upload and share my letter. The best that I can do is copy my letter and paste it here so that you can copy and paste it and make changes to personalize it for yourself or whoever will send out the letter. Here it is:
Dear Mr. Werfel,
I received a statement from Internal Revenue claiming that the trust owes you some money. I am the beneficiary of this trust. I am not supposed to know that taxes are due. Every taxpayer is a cestui que trust. Apparently, as the trustee you wanted to inform me that someone in the IRS/Trustee that should be paying the taxes is not paying the taxes; so, I take it that you are just informing me that something is going on in the IRS. Maybe we need to replace this person that is not paying the taxes. If the trust owes taxes, the trustees are responsible for making sure that taxes are paid. If we need to, let’s find out who this person is so that we can remove them and put someone in who will pay the taxes. Until then included in this letter you will find my coupon with the amount due on there. You will notice on the back of the coupon that it has been endorsed with a beneficiary signature. Feel free to go ahead and redeem this and get the $3,744.44 from the trust.
I have also included a 1099-A form filled in and endorsed with a beneficiary signature for payment; please file this with your 1099-OID, 1096, 1040v and optionally 1199-A accordingly. You have five (5) days upon receipt of this payment to credit my account accordingly. Thank you very much for your attention.
Sincerely,
By: ______________________
By: Marilyn:Falu, beneficiary All Rights reserved -
Without Prejudice
Notary Public: ______________________________
Date: _____________
Void Where Prohibited by Law.
My Commission Expires: _______________
@Marilyn Falu had a question were you a trustee for anybody? Thanks in advance.
@Alex Valdivias no I was never a trustee for anyone. I am not that level yet. I don't want to make the wrong move. @Finn Sol - How was the experience of being a trust for anyone?