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Reply To: Neteller: Statement (Just what I thought)

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#726656
Anonymous
Inactive
allfreechips wrote:
just think of how many us folks never thought to pay taxes on these funds. I have to believe its a big # and its going to be a field day

Banks automatically report any deposits $10k or more to the IRS. This I know for sure and I heard (but never verified) that it changed to $5k after they created Homeland Security.