I would just like to know if banks report money transferred into one's bank account to the IRS after so much money is sent by one company, such as Neteller or Firepay.
Here is a hypothetical example in less than a two month timeframe of EFT's to one's bank account: $2500, $1500, $2000, $2500, and $2300. That comes to $10,800 in less than 2 months.
I would appreciate any feedback.
Here is a hypothetical example in less than a two month timeframe of EFT's to one's bank account: $2500, $1500, $2000, $2500, and $2300. That comes to $10,800 in less than 2 months.
I would appreciate any feedback.