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Old 07-10-2007, 02:42 PM
PBJaxx PBJaxx is offline
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Join Date: Jan 2006
Location: Ship Ship
Posts: 2,601
Default Re: Quick Deposit Question

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This is called structuring and is ILLEGAL. Just deposit the entire amount and pay taxes on it.

fyc

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Honestly, I am going to pay taxes on it. When and how I put money into this account really doesn't have anything to do with how I report. I just wanted to avoid any red flags or whatev, if I could.

It makes sense that this is illegal, but I didn't think about it. I will just deposit it all. Thanks.
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