Quote:
Originally Posted by Cbeyer2
Wow, that must have felt good....
When I was looking into what it'd be to finance an 08 TC, upon telling him i could put half the money down, he proceeded to tell me that I should make sure I put less than $10K down or else they'd have to tell the IRS about that money... As if to imply the money I made was less than legitimate... Glad I went Si...
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No, any transaction over $9,999.99 must be reported to the IRS. Regardless of who its coming from.