I have a federal tax lien on my home with a noncollectible status in place. Does this mean it's also against my bank account? If I make a deposit into my non-interest bearing checking account, what is the amount they would have to report to IRS?
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Cash transactions (involving actual currency and coin) of over $10,000 must be reported. Beyond that, we cannot provide tax advice, so we ask that you pose your other questions to the IRS directly or to a qualified tax advisor.
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Cash transactions (involving actual currency and coin) of over $10,000 must be reported. Beyond that, we cannot provide tax advice, so we ask that you pose your other questions to the IRS directly or to a qualified tax advisor.
