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beachsideeddy2

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beachsideeddy2

Re: frankie_fillet post# 828

Monday, 07/19/2010 10:49:30 AM

Monday, July 19, 2010 10:49:30 AM

Post# of 7143
Example: Q: A customer wired $7,000 from his bank account to the auto dealership's bank account and also presented a $4,000 cashier check. Does the dealership complete Form 8300?

A:A wire transfer does not constitute cash for Form 8300 reporting.

http://www.irs.gov/businesses/small/article/0,,id=148821,00.html

Check out the above link. Look under Reportable Transactions, line #4

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