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    gcuncliff's Avatar
    gcuncliff Posts: 25, Reputation: 1
    New Member
     
    #1

    Mar 27, 2010, 09:35 PM
    Cashing a check against your bank account, IRS
    If I cash a check from another bank at my bank and they hold funds in my account until the check clears, does it ger\t reported to the IRS ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    May 4, 2010, 01:01 PM
    Not unless the check amount exceeds $10,000.

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