#8300

How big of a deal is depositing an amount of cash that would require a Form 8300.

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How big of a deal is depositing an amount of cash that would require a Form 8300. I sold our old GMC Yukon XL for 27,000. It was an extra car just sitting around so I couldn’t trade it at a dealer. The guy showed up with 27k all in hundred dollar bills. I don’t normally sell cars nor do I normally deal with cash. He was saying something about making sure I didn’t deposit more than 10k at a time due to IRS form 8300. It seems…

Reddit Personal Finance 142 2023-08-01