I'm a CPA
Take the funds out in multiple checks, if the balance is over 10k. If it's under, no worries. If they ask what the deposit into your account was for, tell the IRS you sold a big screen TV. It's a personal possession, and not necessary to list any income off it. You can come up with a million things that you could of sold, that doesn't get reported as income.
Take the funds out in multiple checks, if the balance is over 10k. If it's under, no worries. If they ask what the deposit into your account was for, tell the IRS you sold a big screen TV. It's a personal possession, and not necessary to list any income off it. You can come up with a million things that you could of sold, that doesn't get reported as income.
That's exactly how you should do it. I'd get 20 5k checks. Cash them sparatically over a couple weeks, at a couple different banks. Don't put 2 into any 1 bank in the same day. If they are really drawn on BOA, then you should be able to cash them without too much trouble. BOA is a top bank in the US. Keep the cash out of the bank, if you can. IRS can view your banking history anytime it wants to. By cashing the checks, nothing is tied back to your bank accounts.
i know when i cash checks at my bank they do use my acct # for the transaction. I am not sure if cashing of the check is entered into their system..also i may have to deposit these checks into my account of they are from canada...my bank has a 5 day freezes on checks either out of state or from canada...if they checks are from bank of america though you can go into anyone BOA even without a account and cash the check for a small fee (maybe $5)...just need to know who bank these checks are drawn on
what about checks from the following books? What bank are they from?
cris
greek
what about checks from the following books? What bank are they from?
cris
greek
