here i go again

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  • kingshorses
    SBR Rookie
    • 02-11-10
    • 33

    #1
    here i go again
    Sports betting and handicapping forum: discuss picks, odds, and predictions for upcoming games and results on latest bets.


    this happen to me a few months back, and guess what i'm back at again

    I've got about 6k i would like to deposit this time. Probably 2 $3000 dollar checks. Once i receive the checks, I'm going to deposit straight into the atm. My worries are. How much do I need to deposit before my bank sends their shit to the IRS stating I deposited a large sum of money? Also I only make about 1200 dollars a month, and will putting 6k in a short period of time put up any red flags. I would much rather just do a bank wire but my credit union doesnt have a swift code or whatever you call it. Came here first to see what i should do.
  • Hareeba!
    BARRELED IN @ SBR!
    • 07-01-06
    • 37286

    #2
    why would you worry about the IRS if you have nothing to hide?

    I doubt $6kk would attract any interest anyway
    Comment
    • jtang0701
      SBR High Roller
      • 09-15-09
      • 136

      #3
      I have the same concern, i dont have much money in my bank and with a large sum coming in, would it cause any problems?
      Comment
      • chunnnn2010
        SBR Sharp
        • 05-18-10
        • 268

        #4
        no problem at all since banks don't report to IRS if the transaction is under $10,000
        Comment
        • rumple
          SBR MVP
          • 06-19-07
          • 2499

          #5
          Dont worry about, 2 3k checks are nothing to the bank.
          Comment
          • trixtrix
            Restricted User
            • 04-13-06
            • 1897

            #6
            on my own,
            going down the only road i ever known,
            like a drifter i was borne to walk alone
            Comment
            • kingshorses
              SBR Rookie
              • 02-11-10
              • 33

              #7
              thanks for all the pointers. I'm going to split into 2 deposits. 1 for this month then the other next. because my bookie only does 1 free payout a month. shouldn't be a problem after that.
              Comment
              • chunnnn2010
                SBR Sharp
                • 05-18-10
                • 268

                #8
                IRS is very busy at other big cases. they won't waste their time on us.
                Comment
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