[blackdog]

They already have that information reported based on the end of year statements sent (investment and interest income) to be filed with your return.

So they are lying.

[EVO X]

They would have to provide the interest rates as well as interest earned to get a somewhat accurate estimate of how much is in the financial institution. Regular checking accounts usually don’t earn interest. That said, I don’t think it is any of their darn business.

It isn’t going to solve anything. People working under the table for cash aren’t going to put it the bank and people making large legal transactions are likely to get hassled.