Bobby N. Harmon, CPCU, ARM
Honolulu, Hawaii 96818
April 18, 2001
Steve Guttman, Esq.
Attorney at Law
1132 Bishop St., Ste 1404
Honolulu, HI 96813
RE: In re Harmon: Ch. 7 BK Case No. 99-04339 - Settlement as Wage Income
Dear Mr. Guttman:
This acknowledges receipt of Form 1099-MISC for the year 2000, which was mailed to Springfield, Kentucky.
As I previously explained in a letter dated March 4, 2001 to Mr. Matt Tsukazaki, with a copy to your office, in our settlement negotiations it was agreed that the entire settlement amount was to be treated as wage income. As such, this payment should have been reported on IRS Form W-2, with proper withholdings for federal and state income tax, Social Security and medical and health benefits. It is incorrect to report wage income on Form 1099-MISC.
As I explained in previous correspondence with Mr. Tsukazaki, this improper reporting of wage income prevents me from receiving my full entitlements to Social Security benefits as well as income under my Kamehameha Schools’ Pension Plan.
The failure to report wage income to the Internal Revenue Service also deprives the government of tax revenues and is illegal. I have no wish to be accused by the IRS at some later date that I illegally avoided paying all appropriate taxes on this settlement.
I have not received a response from Mr. Tsukazaki to my letter of March 4th, so I am addressing this letter to your attention for resolution of this matter.
Thank you for your assistance.
Very truly yours,
Bobby N. Harmon
cc: Mary Lou Woo
Interim Trustee
91-590 Farrington Hwy, #210 Unit 303
Kapolei, HI 96707
Gayle Lau, Esq.
Curtis Ching, Esq.
Office of the U.S. Trustee
1132 Bishop St., Ste 602
Honolulu, HI 96813
Mr. Matt A. Tsukazaki
Torkildson, Katz, Fonseca, Jaffe, Moore & Hetherington
700 Bishop Street, 15th Floor
Honolulu, HI 96813-4187
Janet S. Hughes, Mgr.
Employee Plans & Exempt Organizations
Internal Revenue Service
1244 Speer Blvd., Ste 442
Denver, CO 80204-3583
Mr. Billy Beaver
U.S. Department of Labor
PWBA Los Angeles Regional Office
790 E. Colorado Blvd, Ste 514
Pasadena, CA 91101
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