Fact or Fiction: Will Handgun Owners Be Required to List Their Guns on the Next Federal Tax Return?
Fiction: No. There is currently no bill before Congress that would require that all handgun owners list their guns on federal income tax returns. Many email forwards have been circulating regarding a Senate bill “SB 2099” and the alleged $50 tax on firearms. This so-called report is false. There is no such legislation currently before Congress as verified on http://thomas.loc.gov the official congressional legislation data base. You may also verify that the report is false on snopes.com. Here is the link for more information on this email rumor: http://www.snopes.com/politics/guns/taxreturns.asp.