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US banking institutions are required to report to the IRS all single deposits in excess of $10,000 at one time, or something similar. So it would depend on what you did with it. If you had a hunk of greenbacks lying around and tossed it all in the local Commerce Bank of Beverly Hills, old man Drysdale would have to report the transaction. If you buried it in a mayonaisse jar in the back yard, they'd never have a clue. If you do decide to do this, it's best if you tell another person you trust (Like a WikiAnswers contributor) where you live, in case anything happens to you and you need the money while you're out of town - he could go dig it up and send it to you....

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17y ago

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