[USNBandit]

In the case of the grocery store, the gentleman’s daily deposits happened to fall below the $10k reporting level, so the IRS accused him of bundling. The weird thing is that they had just done an audit on him so they should know what his cash receipts are and how much should be deposited on an average day. Plus, who bundles to hide an amount of $35,000. Wtf, I have more money than that in my private accounts.

[kitkat]

>> so the IRS accused him of bundling.>>

Would you please be good enough to explain what bundling is to me?

[TweetEBird007]

Also had something to do with insurance coverage according to the article I read in the paper. Coverage max for 10 grand maybe.

[supercat]

In the case of the grocery store, the gentleman’s daily deposits happened to fall below the $10k reporting level, so the IRS accused him of bundling.

If someone is in a situation of naturally having smaller amounts which total over $10,000, is there can one preemptively file a form to say in essence "I am making this transaction, and I'm telling you I'm making this transaction. Any claim by the government that this transaction is under $10,000 simply because I don't want to report it would should be regarded as a clear an obvious lie?"