- Sep 20, 2020
- Reaction score
- Current Ride
- 2020 Rebel. 2022 TRX ordered.
The IRS. When you pay more than 10 grand in cash (or deposit into a bank) the retailer files a report on the cash to the gov.
That's what I was wondering. I'm aware of the rule. I've just never seen it put into play. Every vehicle I've bought...I've given them $9,900 in cash.
I've often wondered....if....a dealer would let you make a $9,900 cash payment ever month ahead of time... while your vehicle was on order.
Also what caused your audit...the withdrawal from bank I assume? Or was it the payment to dealership?