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Old November 3, 2012, 12:33 PM   #19
David Hineline
Senior Member
 
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
Poprivit you are incorrect

Poprivit you are incorrect, this is an opportunity for you to listen and learn and understand.

Anytime a privatly owned NFA firearm is transferred to another individual or a NFA SOT paying dealer a tax is due. Dealer to Dealer transfer is on a form 3 tax free but individual to dealer is tax paid form 4.

Form 5 tax free transfers go tax free to govment agencies and the BATFE will process tax free form 5 transfers to heirs in an estate situation.
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