I bought it first then went back later to do the paperwork and pay the tax. They are holding onto it until the paperwork comes back.
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Just called the ATF for a status check on my form 4. It was approved on 1/11. Waiting for the stamp now. Here is the full timeline:
22-Apr-16 Purchase
23-Apr-16 Mail Date
2-May-16 ATF Debit Date
11-Jan-17 Approval Date
About 8.5 months of processing time.
May 2016 form 4s starting to come back now.
2x form 4's, check cleared date 10 May, received at dealer 18 Jan.
Called the NFA branch this morning and found my Form 4 was approved back 4 FEB, I am now on the final glide path. The check was cashed back on 24 MAY 16, so that is a little more than 8 months 3weeks for the process of a paper filed Trust Form 4. This unfortunately will be the last NFA item on the trust unless the new administration gets some balls and throws out rule 41F.
They should be getting back to me soon. They cashed the check already so I guess that means they are ready to send the paperwork back.
Its fun to dream.