Tax question

[ed7232004]

Hi I m still new to this.but been wondering in texas do I need to file tax on the guns I have? I have an ar15 and springfield xd. Or is it just for class 3?? Thank you any info would be greatly appreciate

[AEA]

Class 3 tax stamps when purchased. Otherwise no tax (other than State sales tax).

But there are rumors that there is a tax and registration scheme hidden in the upcoming Federal Budget, but no one is reporting on it yet, including FOX.

[ed7232004]

Thank you and let hope there is no need to file tax on my guns lol

[TxDrifter]

But there are rumors that there is a tax and registration scheme hidden in the upcoming Federal Budget, but no one is reporting on it yet, including FOX.

In the last few weeks, NRA-ILA has received hundreds of e-mails warning us about “SB-2099,” a bill that would supposedly require you to report all your guns on your income tax return every April 15.

Like many rumors, there’s just a grain of truth to this one. Someone’s recycling an old alert, which wasn’t even very accurate when it was new.

There actually was a U.S. Senate bill with that number that would have taxed handguns—nine years ago. It was introduced by anti-gun Sen. Jack Reed (D-R.I.), and it would have included handguns under the National Firearms Act’s tax and registration scheme. This has nothing to do with anyone’s Form 1040, of course.

Fortunately, S. 2099 disappeared without any action by the Senate, back when Bill Clinton was still in the White House. We reported about it back then, just as we report about new anti-gun bills every week. Now, it’s time for gun owners to drop this old distraction and focus on the real threats at hand.

http://www.nraila.org/legislation/feder ... px?id=4925

I haven't seen anything else newer come up yet, only rumors.

[ed7232004]

Now I can really focus on threats! Thanks

[AEA]

But there are rumors that there is a tax and registration scheme hidden in the upcoming Federal Budget, but no one is reporting on it yet, including FOX.

In the last few weeks, NRA-ILA has received hundreds of e-mails warning us about “SB-2099,” a bill that would supposedly require you to report all your guns on your income tax return every April 15.

Like many rumors, there’s just a grain of truth to this one. Someone’s recycling an old alert, which wasn’t even very accurate when it was new.

There actually was a U.S. Senate bill with that number that would have taxed handguns—nine years ago. It was introduced by anti-gun Sen. Jack Reed (D-R.I.), and it would have included handguns under the National Firearms Act’s tax and registration scheme. This has nothing to do with anyone’s Form 1040, of course.

Fortunately, S. 2099 disappeared without any action by the Senate, back when Bill Clinton was still in the White House. We reported about it back then, just as we report about new anti-gun bills every week. Now, it’s time for gun owners to drop this old distraction and focus on the real threats at hand.

http://www.nraila.org/legislation/feder ... px?id=4925

I haven't seen anything else newer come up yet, only rumors.

What I understand is that it will not be a Bill.
It will be well hidden in the Federal Budget.

[rm9792]

If they start a tax on guns every year I am screwed. Wonder if i can get a second job....

[nitrogen]

What I understand is that it will not be a Bill.
It will be well hidden in the Federal Budget.

You cannot pass taxes that way. It's hogwash.

[AEA]

What I understand is that it will not be a Bill.
It will be well hidden in the Federal Budget.

You cannot pass taxes that way. It's hogwash.

Tell that to Holder and Obama.