You are correct about Section 1040 of the Code.
The IRS calls it a 1040 tax because it is due based on the information
submitted on a Form 1040. There is no such thing as a 1040 tax, but the IRS
refers to it that way because the tax is not lawfully due unless and until
someone fills out a Form 1040 in your name. It has nothing to do with
Section 1040 of the Internal Revenue Code.
Yours in financial freedom,
] On Behalf Of gary2666@...
Sent: Friday, April 14, 2006 11:06 AM
Subject: Re: Re: [tips_and_tricks] IRS LIEN
Section 1040 of 26 USC has to do with the transfer of real property from
estates and trusts.
> From: "Daniel Edward Burba" <danielB2012@...>
> Date: 2006/04/13 Thu AM 12:02:43 EDT
> To: <email@example.com>
> Subject: Re: [tips_and_tricks] IRS LIEN
> I have heard of a 1040 tax because I had the same question. I was
> inform that you will know what it is if you check section 1040 of 26
> USC Daniel