Check cashing

[sjewell]

I have hopefully an easy question, if I cash many checks (say one a week) for $4,000 each, will my bank notify the IRS?

 

[ndeluca]

The Fed only shows interest if withdrawals/deposits exceed 10,000. This 10,000 would have to be either deposited/withdrawn all during the same instance. 4,000 each week does not exceed this limit...

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