Quote:
Originally posted by mrgica
I don't have any company name registered, I get wire payments from a couple of countries.
And lets say if i get $3k or more a month in my bank account am I obligated to report this and pay taxes? I don't want to ask my bank and drown attention so I ask you guys.
Ex.
Once I got a check from one sponsor $1800, at the bank woman told me if the check was $2000 she would be obligated to report this to the state, and maybe I would have o pay 30% in tax for that check.
So If I receive $1k wire from on sponsor, what's the deal? I mean for the last couple of years I have been afraid to save money at the bank wondering if I will get a call from some dude asking me questions.
If you feel to share you money wash tactics, you are welcome.
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why not ask your sponser to send 2 payments of 1500?