The U.S. national debt exceeded $28 trillion in 2021.1 One thing that many people may not know is that the Social Security Trust Fund owns a significant portion of that national debt.So how does that work and what does it mean? Inside we'll dive into who actually owns the U.S. national debt and how that impacts you.What is this 1099-OID? During your lifetime you have probably NOT had the Secretary of the Treasury / IRS ‘paying’ / discharging your debts for you or adjusting the [your] account according to HJR192.You, like most people, have been giving your equity away (paying your bills) in the form of Federal Reserve Notes that you acquired through your labor. You had the pre-paid account available but didn’t know it existed, or didn’t know how to use it, and the net result is you have been paying for ‘stuff’ the company should have been “paying” for all along. Its time to fill out an “expense report” (a Form 1099-OID) and sending it to the payroll clerk to be reimbursed for the ‘stuff’ you paid for that the company was supposed to pay for. The Form 1099-OID is known as an “original issue discount” form.
✔ Author(s): Don Kilam
✔ Title: Who Really Owns The United States Inc. National Debt?: 1099 Original Issue Discount Education
✔ Rating : 3.8 out of 5 base on (25 reviews)
✔ ISBN-10: B09HQMD7QW
✔ Language: English
✔ Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
✔ Device compatibles: Android, iOS, PC and Amazon Kindle
Readers' opinions about Who Really Owns The United States Inc. National Debt? by Don Kilam
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