Chris Evan
Scott, I am hearing a lot about this 1099OID form. It is an Original Issuer form that is a statement of who created the money and is filed with the IRS. If I write a check or sign a Promissory Note and never get the cancelled check back, I can issue this form to say I am the creator of X amount of securities (credit). It is my understanding that these are filed once a year as a cumulative total. Is this relevant?