I have several NFA items that are registered to me. I have had an attorney set up the trust and am now ready to transfer these items to the trust. My question is this: When filling out the Form 4 what do I put in blocks
5,6,7,8, 15,16,17. These blocks dont seem to apply.
Any help would be greatly appreciated. I apologize if this has been asked before but I am not having any luck with the search feature.
Originally Posted By fcernese:
Your going to pay the $200 tax for each one just to have them in a trust?
This!!
Too bad you can't Form 3 them into the trust.
Originally Posted By fcernese:
Your going to pay the $200 tax for each one just to have them in a trust?
Yeah I have a specific situation that requires it.....wont go into the details...it isnt that many items...and it will be better in the long run. It does suck though...wish i had just done the trust in the first place.