Do you need to send the assignment sheet to the ATF when applying for a tax stamp?
The assignment sheet is used to trasnfer title 1 firearms that the settlor owns into the gun trust and it is also used to add title 2 firearms into the gun trust after the tax stamp for the firearm is approved and the settlor has taken possession of the firearm. The assignment sheet isn't considered to be a part of the delcaration of trust like a schedule a would be. With the assignment sheets, you aren't required to send them to the ATF when you apply for your tax stamps. This helps keep any title 1 firearms that you have trasnferred into the gun trust private.
Other NFA Gun Trust and ATF Related Blog Posts
UPDATE: Final Rule 2021R-80F
ATF Resumes Processing Pending Amnesty ATF Form 1 Applications for Pistol Braces and SBRs During the legal challenge that the ATF’s pistol brace rule, a lot of ATF Form 1 amnesty applications were...
Do You Still Need a Gun Trust After the Tax Stamp Change?
The recent passing of the One Big, Beautiful Bill (OBBB) under Section 70436, will remove the transfer and making tax for suppressors, short-barreled rifles (SBR’s), short-barreled shotguns (SBS’s)...
ATF 4473 - Form 5300.9 - Updated Version Coming Soon
A new version of the ATF 4473 - Form 5300.9 is being updated to add a new race code of "M" that represents Middle Eastern/North African. "Please be advised of a necessary change that occurred for ...