Common Knowledge For The "High Rollers".

[JBP55]

MSN

www.msn.com

 

[Magdump]

By law they have to report 10k or more to the IRS, but many banks will also report any amount they deem suspicious, repeated deposits in a short time for less than 10k, or any number of situations that draw their attention. It all boils down to the people working there and how bad they wanna report something.

 

[JBP55]

By law they have to report 10k or more to the IRS, but many banks will also report any amount they deem suspicious, repeated deposits in a short time for less than 10k, or any number of situations that draw their attention. It all boils down to the people working there and how bad they wanna report something.

True.

 

[BluewaterLa]

Yes they have too over 10K
Not required under that amount but it depends on the direction of the wind that day I suppose.
There is even a form to fill out if you are withdrawing cash from YOUR account as well.

Worked out a cash deal when buying my wife's new camera body, went to the bank for the cash and Chase bank employee pulled a form off the shelf and asked me exactly what this cash was being used for because she had to report it.
My answer was none of your business which did not compute in her brain.
So I was asked again to which I told her it was for Cocaine and hookers.
The form was put back because she said she could not put that on the paperwork.

I get the reason for certain things though its no ones business how much money I am taking out of my personal account Nor what I am doing with said cash.

 

[davidd]

The proper term is "hookers and blow." Don't you watch movies?

 

[KDerekT83]

Sounds like what I would've said. Lol

 

[Magdump]

Part of Biden’s build back better ******** and the taxthelivingshitoutofyou plan is to basically have complete control and knowledge of everyone’s finances.

 

[AustinBR]

MSN

www.msn.com

Nothing new and nothing to worry about here.

 

[oleheat]

It does suck that the government assumes you are up to something illegal. But that's nothing new to us as gun owners, either....

 

[Kraut]

Yes they have too over 10K
Not required under that amount but it depends on the direction of the wind that day I suppose.
There is even a form to fill out if you are withdrawing cash from YOUR account as well.

Worked out a cash deal when buying my wife's new camera body, went to the bank for the cash and Chase bank employee pulled a form off the shelf and asked me exactly what this cash was being used for because she had to report it.
My answer was none of your business which did not compute in her brain.
So I was asked again to which I told her it was for Cocaine and hookers.
The form was put back because she said she could not put that on the paperwork.

I get the reason for certain things though its no ones business how much money I am taking out of my personal account Nor what I am doing with said cash.

I had a friend in college who would write random, outlandish crap on the memo line of checks when he wrote them, like "homosexual services" or "anal experimentation" or "retard porn." He never had one returned over that, people and businesses want their money.

 

[davidd]

I bought a Glock jacket, size large, from someone on here a few years back. Used Paypal, which we all know doesn't like gun stuff. In the Paypal notes, I added: "for the large black object that shall not be named."