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#992316 - 07/10/08 04:55 PM Completing CTR for DBA
Golfer9 Offline
100 Club
Joined: Sep 2007
Posts: 199
Oklahoma
If the customer is an individual doing business as a convenience store and we so indicate in Saction A of Part I, entering the address of a business, then while entering the individual's SS# in #6, the business address in #7, would we leave the DOB blank and enter NA in #14? Then we could complete Section B, entering the owner's name again, but this time entering the home address for the owner, the DOB ad the DL info? I realize we might just complete all the information in Section A and put conducted on own behalf in Section B, but 1) it is actually conducted on behalf of the business rather than the individual, but more importantly should we be able on the CTR to identify both the business address and then the individual's permanent address?

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#992330 - 07/10/08 05:02 PM Re: Completing CTR for DBA Golfer9
nemsi Offline
Gold Star
Joined: Nov 2005
Posts: 383
Complete section A as though the CTR was on behalf of an individual: name, address, social, date of birth, drivers license, etc. The only difference is you will add the DBA on line 5. Check block "e" in section B- no other info.

I'm assuming that the dba is a "sole proprietorship." If not everything I just said is incorrect.

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#992336 - 07/10/08 05:06 PM Re: Completing CTR for DBA nemsi
smash Offline
Gold Star
Joined: May 2004
Posts: 331
Texas
Here is a link to some guidance that FinCEN released in January 2008 regarding this very issue:

http://www.fincen.gov/statutes_regs/guidance/pdf/fin-2008-r001.pdf
Last edited by smash; 07/10/08 05:08 PM.
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#992639 - 07/10/08 07:45 PM Re: Completing CTR for DBA smash
Golfer9 Offline
100 Club
Joined: Sep 2007
Posts: 199
Oklahoma
Thank you so much - that article was perfect!

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#994611 - 07/14/08 05:40 PM Re: Completing CTR for DBA Golfer9
CantBeShocked Offline
Gold Star
Joined: Apr 2006
Posts: 260
MS
NOTE: Do not forget the date of birth or the IRS will notify you it is lacking information - if you file electronically.
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