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Old 10-15-2007, 02:35 AM
Chesskid1 Chesskid1 is offline
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Join Date: Jun 2006
Location: Kettering, Ohio
Posts: 646
Default Biggest check you can get that banks don\'t report to IRS?

This is NOT about how to not pay your taxes, I haven't been keeping track of poker winnings, but i'm trying to fix that, and I don't want a $10k check being reported to the IRS when i'm trying to figure out all my money won and everything for when I file taxes everything works out okay and there isn't some rogue high amount $$ checks that I have to explain to the IRS. I am 100% paying my taxes. Something like I could go bust online, have to use the $10k, lose it, then have to pay taxes on it, you know?

I am looking to get off around $20k on stars, and it looks like i'm just going to do it by check (looks like basically my only option). One friend told me that all checks over $10k are reported. Another told me it's $5k on over. Does anyone know for sure? I have Chase if that matters. thanks.
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