• morgan423@lemmy.world
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    4 days ago

    How do you pay with federal reserve notes?

    That’s the technical name for dollar bills, sovcit. You hand them to the party you owe money to, and your debt is satisfied if you handed over the correct amount. You’re welcome, let us know if we can answer any other questions for you.

    • Kirp123@lemmy.world
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      4 days ago

      …are exempt from taxation by a state or political subdivision of a state."

      Isn’t the IRS a federal agency? They are not a state or a political subdivision of a state.