Submitted by otterlyeeg t3_z7vpiw in personalfinance
t-poke t1_iy8cz8k wrote
Reply to comment by otterlyeeg in Received a small inheritance in two parts, how long should I wait between deposits? by otterlyeeg
If these are checks, you won't even have to fill out a form. $10,000 isn't a lot of money in the grand scheme of things. Bank employees wouldn't have time to do anything else if they had to fill out paperwork for every $10,000 check that got deposited.
The $10,000 reporting requirement only applies to cash transactions.
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