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Old 03-02-2007, 05:54 PM
Morphling29 Morphling29 is offline
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Join Date: Oct 2004
Posts: 209
Default Re: 10k Withdrawals and Government

Withdrawing over 10k means that your bank must file a SOA, suspicion of activity ,form on you and submit it to the irs. They may also do it on their own for other amounts but this almost never happens since it is extra work for the emlployees.
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