hi! I sold my car today for 13,000, they gave me cash and i paid off my car 12,600

[Danielariv]

and still they did a over 1 10,000 transaction to report the irs, that money was not my the buyer was right there giving me the money and i gave it to the teller but she said she had to do that form, i am concern about this why she did this form i did not put it on any of my accounts.
i put it on a loan.

 

[Dizzy_Lizzy]

Everything you want to know is right here: http://www.irs.gov/businesses/small/article/0,,id=148821,00.html

 

[golferwhoworks]

she is right cause over $10000 must have the form filled out for money laundering purposes.