Viewing a single comment thread. View all comments

Rave-Unicorn-Votive t1_iy8bb7n wrote

Grandma wasn't thinking ahead, Grandma was trying to structure.

Is it two checks delivered to you at the same time or two checks delivered to you spaced apart? If the former, deposit them at the same time. If the latter, deposit them when you receive them.

9

otterlyeeg OP t1_iy8cfhr wrote

It’s the latter- one month apart. I didn’t know anything about structuring or that you could get in trouble so thank you everyone! Definitely would rather fill out a form than commit a crime lol

0

t-poke t1_iy8cz8k wrote

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.

9

Rave-Unicorn-Votive t1_iy8d7ua wrote

Probably not even a form. Presumably the checks will have different issue dates so unless they are literally two checks for $9,999.99 each, I can't imagine anyone will even question it.

2