Don't Use 1099-A's Try a Postal-Money Order!! (NEGOTIABLE INSTRUMENTS)

Welcome back to the channel FAAM!! In this video we talked about Negotiable Instruments and The Three Number Method which involves the Postal-Money Order!! In order to get remedy from the postal-money order you’ll need one (1) set of three (3) nine (9) digit numbers. These Numbers come from your U.S. Citizen Passport, the zip code and plus four to where you live, and the social security number or estate EIN for the STRAWMAN. The purpose of the 3¢ stamps is because it's backed by gold. YOU MUST USE A 3¢ STAMP!! Additionally you could do a test for any specified amount if you want since there is no risk with this other than wasting stamps from spelling errors! Remember all the documents are available are on my website for free and to look at the example from the QR code provided at the end of the presentation to see how John Doe filled his out!Show more

The first part is writing your name and ℅ address on the top left hand corner, then add the 3¢ stamp to the right hand corner. Next you move onto the U.S. Post Office number, which is your zip code + 4 extension. On the opposite side you’ll add in the date and the serial no. for the check. After dating the check, you write who you’re about to pay on the next line that says “Pay to the Order of”. Following that line, you will write in words how much the amount is you will be paying and then put the cents in after the word dollars. Fill in the Memo line with the Account No. or description of the payment. Once that is done you will sign it in the private capacity (John-Henry: Doe). Then put your social security number or estate EIN in the place it says Treasury Routing No. and your Passport No. on the line that says U.S. Postal Account No. On the line that says U.S. National Postmaster you will put the Zip Code + 4 extension again and underneath date, sign, and write in the serial no on the bottom (front and back).

Also, we didn't quite answer how to assert the postal-money order in a live situation & what to do with it after filling it out. So far, there are 3 different ways we know of:

1. Walking into your bank institution with passport in hand, then handing it over with a cover letter explaining the purpose of the instructions.

2. Mailing it to either the bank, USPS office/center, or Commercial Entity is another option. You will simply address it to the appropriate department and send the postal money order in with a cover letter.

3. Depositing it directly into a commercial checking account. Now one important thing to note, this is when you'd fill out the endorsement on the back. If you chose to pay someone else with this check they will out THEIR endorsement on the back

Postal Money orders can be also done in a USPS Office/Center as well because the United States Postal Service is the true, original, first bank. If you choose to go to the USPS center, simply direct the postal clerk to speak with the postmaster of the location. Then you will want to briefly explain the postal money order then hand it over with a cover letter and a copy of your passport ID. You can also send this into the Treasury by mail or in person, which will be to the Treasury agent at the state level, to have them process it for you with the IRS. If you deposit it into an account you can have them deliver it to you in cash at the cashier's window at the bank as the presentee, or you could do it as a postmaster to the post office and have them deliver it to you or it can just be deposited it into a commercial account through the bank's routing number.

We envision seeing all the comments filled with what you guys PAID OFF with your Postal-Money Orders & look forward to bringing you more gems in the future!!

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