club_cafe: Is tax necessary

B Lancaster on

If your group had expenses and/or had interest income from Checking or Money
Market Acct. for 2001 you will have to file.

>From: Brian Fisher <fbf007@bivio.com>
>Reply-To: "The Club Cafe" <club_cafe@bivio.com>
>To: club_cafe@bivio.com
>Subject: club_cafe: Is tax necessary
>Date: Wed, 30 Jan 2002 03:10:19 GMT
>
>We are a relatively new club and made no investments in
>2001. We only made deposits into our checking. Will it be
>necessary to file something?
>Thanks
>Brian
>BSF Investment Club

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Lynn Ostrem on

> If your group had expenses and/or had interest income from Checking or Money

Actually, whether or not you had income or expenses, you
still have to file--if you filed for a Tax ID number.

Lynn Ostrem

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