- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Is there a way to make a large cash withdrawal?
Posted on 3/12/16 at 8:30 pm to BabyTac
Posted on 3/12/16 at 8:30 pm to BabyTac
quote:
Is there a way to make a large cash withdrawal?
Um stop posting. You having 10k in cash makes you a huge target to law enforcement. If you are pulled over say bye bye to the cash.
That's just the local cops. If you pull out just under 10k, the IRS can seize your house under 'structuring laws', if they think you're evading paperwork required under financial disclosure laws.
I'd delete this thread if I were you.
2
Posted on 3/12/16 at 9:27 pm to NYNolaguy1
I had to go through TSA with a large sum of cash one time. It was for a legitimate reason, but I was so nervous about a crooked official.
Posted on 3/12/16 at 9:38 pm to NYNolaguy1
quote:
Um stop posting. You having 10k in cash makes you a huge target to law enforcement. If you are pulled over say bye bye to the cash.
That's just the local cops. If you pull out just under 10k, the IRS can seize your house under 'structuring laws', if they think you're evading paperwork required under financial disclosure laws.
I'd delete this thread if I were you.
So much fail in one post, it's not illegal to have cash on you in any amount.
Second, it's not illegal to withdrawal $9,999. It's just reported like every other 10k+ withdrawal. Now systematically doing something like that will draw scrutiny, but if your affairs are in order, no problem.
This post was edited on 3/12/16 at 9:39 pm
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News