Armory Sponsor
Posted: 1/22/2015 5:39:15 PM EDT
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Why do people use a paper form 1? I just saw a few people in the "New NFA Timelines thread: post-Nov. 5, 2009" sticky. It seems to take longer but I'm not extremely knowledgeable on NFA information.
Just for the physical stamp? |
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We'll I just e-filed my first form 1 last week after years of dealing with paper forms. If the times were the same, I'd paper file...I'm still a little perturbed I'm not getting my physical stamp. That may seem ludicrous to some, but I believe in actually getting something of value in return for my $200. The government had to make and issue that stamp in a $200 denomination, then declare it used. At least I know that I got the physical stamp, and to some, they're actually worth something if you sell it later down the line. With e-file, you don't get anything except the approval. The stamp is a picture, not anything physical.
All that may seem ludicrous and pale in comparison to the fact that you're getting an approval, but to some it is somewhat important. As for me, the times aren't equal and I'm not willing to wait another 3-4 months in addition to the month I'll already be waiting in order to get my physical stamp. I just wish they would follow up with a physical copy of the form after they send you the electronic copy. Then it would be the best of both worlds. |
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Quoted:
Because not everybody files as an entity. Quoted:
Quoted:
Why do people use a paper form 1? I just saw a few people in the since 09 sticky and it seems like it just takes longer? Just for the physical stamp? Because not everybody files as an entity. Ah ha. I keep forgetting that efile is just for entities. Sorry for the stupidity. |
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Quoted:
Ah ha. I keep forgetting that efile is just for entities. Sorry for the stupidity. Quoted:
Quoted:
Quoted:
Why do people use a paper form 1? I just saw a few people in the since 09 sticky and it seems like it just takes longer? Just for the physical stamp? Because not everybody files as an entity. Ah ha. I keep forgetting that efile is just for entities. Sorry for the stupidity. I'd also add, some people, like myself, prefer the physical stamps like you said. Once you have your first SBR, and first can, its a much easier wait(Im not speaking of MG's  ) for the following submittals. So if it takes longer, not a big deal, I'd just much rather have an actual stamp. I know Im not alone in thinking like this either.
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Armory Sponsor