close
    my grandfather gave me a large sum of cash. Id like to pay off my car with it. Will it raise red flags if I go to the bank with $15K cash?

    0  Views: 158 Answers: 1 Posted: 14 years ago

    1 Answer

    yes any cash transaction over 10 thousand on the same day atomaticly gets reported to to irs , why not make three payment of 5 thousand dollars a couple days apart!



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    ff77comcombr
    Answers: 0 Views: 0 Rating: 0
    Xibet AE
    Answers: 0 Views: 6 Rating: 0
    123hero3
    Answers: 0 Views: 5 Rating: 0
    OK8386
    Answers: 0 Views: 4 Rating: 0
    god55xaeorg
    Answers: 0 Views: 6 Rating: 0
    u888vet4
    Answers: 0 Views: 5 Rating: 0
    123hero3
    Answers: 0 Views: 4 Rating: 0
    > More questions...
    517777
    questions
    752695
    answers
    861955
    users