If I withdraw $7,000 in cash from my checking account, which was placed there from a credit union loan, is there an IRS form that I have to fill out?
Untitled
No. Financial institutions are required to file with the IRS reports of cash transactions exceeding $10,000. There is no IRS form that you would be required to complete for that transaction.
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No. Financial institutions are required to file with the IRS reports of cash transactions exceeding $10,000. There is no IRS form that you would be required to complete for that transaction.
