Taxes On Consignments - Net54baseball.com Forums

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09-17-2013, 12:05 PM

ibuysportsephemera ibuysportsephemera is offline

Jeff G@rf!nkel

Member

Join Date: Jun 2009

Location: Hudson Valley, NY

Posts: 1,503

Quote:

Originally Posted by honus94566

Probably true. But, if a check is in excess of 10K, your bank is required by law to report it to big brother when a check of that size is cashed or deposited.

(from what I understand)

Not true...this is a popular misconception.

Jeff

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