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Old August 7, 2012, 06:45 PM   #1
tmorone
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Join Date: October 22, 2010
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Taxes paid for NFA items

I've only started gathering suppressors this year, so it will be my first year filing taxes after paying for a few stamps.

I wonder- can any of that be deducted to reduce tax liability? Or do any of you guys have experience in attaching those to your return?

Or... Is it just taxes that have been paid and thats that.
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Old August 7, 2012, 07:36 PM   #2
Willie Lowman
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Just taxes that have been paid.
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Old August 8, 2012, 11:31 AM   #3
tmorone
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Thanks Willie! Not the answer I was hoping for, but at least there's no more wondering.
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Old August 8, 2012, 05:51 PM   #4
medalguy
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Consider it a "fun penalty".
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