Structured transactions

[Lloyd]

If I end up making one or two $3000 deposits via check from bovada a month ... is that considered structuring over a 12 month period?

So lets just say that is $24k over a year in checks. Will banks report to IRS?

 

[golf2day]

No don't think so. Pretty sure only 10k and above is when you have to worry. 3k deposits even though they would be on the regular wouldn't get reported. Although I am not a banker so take it for what it's worth.

 

[Lloyd]

Thx I was reading more... they state that checks are not considered structured cash.... just was getting paranoid!