Attorneys, what about 2005 1099s?
This is a discussion on Attorneys, what about 2005 1099s? within the YMMSS/STA Complaints forum, part of the Internet HYIP Scams category; We did as they told us in 2005 and did a wash on our 2005 1099. It was for several ...
![]() |
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
|
|
#1 |
|
Guest
Posts: n/a
|
We did as they told us in 2005 and did a wash on our 2005 1099. It was for several thousand dollars.We made a tiny wage compared to the amount on the 1099. Will there be any consequences for that on the part of YMMSS STAy? Or is that just our own misfortune for believing what they told us. I thank you in advance for an answer
|
|
|
|
#2 |
|
Senior Member
Join Date: Feb 2007
Posts: 80
|
WLD is helping with civil pursuit in hopes of recovering monies lost. They will not help with tax issues (without being retained first) beyond advocating that victims report STA losses as "theft loss."
I would suggest you contact the IRS and file an amended tax return, and a Attach form IRS form 3949 with detailed documentation of "no FMV" on WAC. |
|
|
|
|
|
#3 |
|
Guest
Posts: n/a
|
Thanks YM survivor I just didnt know and you have bee most helpful
|
|
|
|
#4 |
|
Senior Member
Join Date: Feb 2007
Posts: 80
|
You're very welcome. I am not a tax professional, but I do have some experience as a small business owner. It doesn't take even that much experience to realize that the IRS is ALL ABOUT PROVING YOUR CLAIM.
If I were you, I might consider filing an extension. Hopefully by the time you're due to file your actual Return, the STA thing will have shaken loose and you will have enough information (like charges against Inman) for your CPA to handle your return accurately. Additionally, you might want to head over to Matrixwatch for PDF's of illustrations of the YMMSS Ponzi, the Guarantee, etc. And save all your emails from YMMSS and STA. Be prepared for the IRS to grill you. We have no idea how much supporting information they will require, right? Too much is better than too little. SAVE EVERYTHING, and then some. With any luck, very soon the IRS will be fully aware of what is REALLY going on, but whatever you do, CYA! |
|
|
|
|
|
#5 |
|
Guest
Posts: n/a
|
You are a good person. I will visit that place I heard of it but dont know much about it I feel so overwelmed currently
|
|
|
|
#6 |
|
Senior Member
Join Date: Feb 2007
Posts: 80
|
IMHO, it is quite natural for you to feel overwhelmed - and, by the way, Inman (and his ilk) are counting on it!!
Just remember, YOU ARE NOT ALONE. Matrixwatch has dedicated a special sub-forum for victims of YMMSS/STA - and it is, by far, their busiest sub-forum right now! http://www.matrixwatch.org/forums/forumdisplay.php?f=84 Here is how I filed an IRS 3949 report of STA "artificially-inflated" 1099s. STA TAX FRAUD - COMPLAINT TO IRS It is VERY easy to file a complaint with the FBI here, http://www.ic3.gov/. You can keep adding to your complaint if you don't "get it right" the first time, and they work to distribute your complaint to the appropriate authorities. We have strength in numbers, so keep your chin up, and don't forget to breathe! LOL |
|
|
|
![]() |
| Bookmark & Share |
| Tags |
| None |
This thread has 5 replies and has been viewed 1211 times
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| 2005 National Survey on Drug Use: Are drug laws protecting kids in the United States? | Unregistered | Miscellaneous Topics | 0 | Jul 21st, 2009 04:03 PM |
| Truck owner pleads guilty in 2005 Conn. crash (AP) | Yahoo!_news | Crimes and Trials News | 0 | Mar 16th, 2009 02:20 PM |
| Jet officials in 2005 NJ crash plead not guilty (AP) | Yahoo!_news | Crimes and Trials News | 0 | Mar 4th, 2009 03:40 PM |
| Attorneys/Representatives | Unregistered | Other Family Law Matters | 2 | Apr 26th, 2008 08:07 PM |
All times are GMT -5. The time now is 07:15 PM.










Linear Mode

