10k Withdrawals and Government

Jeter5583 · #1 03-02-2007, 11:20 AM

I have heard that withdrawing 10k leads to some sort of Government notification after post 9/11 legislation. I do not, however, know if that matters at all or not or even who get's notified and what they are told. If I pay taxes, is that something I shouldn't care at all about, or do you try to avoid having a "flag" shown up for no reason?

Orlando Salazar · #2 03-02-2007, 11:25 AM

it's actually 3k now.

Jeter5583 · #3 03-02-2007, 11:32 AM

What is 3k? Where did you hear this? WHAT does it mean and WHAT are the implications? Is it something to care at all about?

Jeter5583 · #4 03-02-2007, 12:55 PM

Does anyone know if this is something to even care about? What are its implications? What exactly does it all?

Jeter5583 · #5 03-02-2007, 12:57 PM

Also, do you receive any kind of notification if this happens, or you have no idea?

cowboy.up · #6 03-02-2007, 12:59 PM

If you pay your taxes you have nothing to worry about, no matter the sums of money you're moving. Report it, sleep easy.