Another Tax/IRS Question....Big WIthdrawl Compared to Lots of Small

[Scottnyce]

I have a question about possible tax inmpications that could come up?

Over the past 10 months or so I've withdrawn almost $10,000 from my Online accounts but have never taken more then $750 out at one time. Does this raise flags more, less, or the same as someone who takes out thousands at a time, and what sort of precautions should I be taking against any possible complications in the future....

Any info would be great thanks...

[Greg (FossilMan)]

The main precaution I would take is to not make a public post wherein I imply that I'm trying to avoid a legally required tax liability.

This post is only half joking, and half serious. While it is highly unlikely that the IRS will ever track you down from this post, if you ever did get into trouble, and they were doing a criminal investigation on you, this post would damage your case. A lot.

Later, Greg Raymer (FossilMan)