Will the IRS be notified if I deposit a large cash sum without claiming it on my taxes?
Asked by: epondel
Say I have $ 20,000 in one account (and I have paid taxes on that amount) and then all the sudden I deposit like $ 15,000 untaxed (such as self earned craigslist/ebay money I have made) will they be notified or no? Is it best to put it in a safety deposit box or what?
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- how much money can you deposit without the irs being notified