Re: Do withdrawls or deposits to your bank account get flagged by the IRS?
I was just curious to know if the event of cashing checks is something that is tracked by banks and transparent to entities such as the IRS. They seem to sometimes ask for your account number, or ssn, or driver's license to, I think, just verify whether you personally have enough money to cover the amount of the check. I just don't know if any of those identifiers are used to actually record the event of you cashing the check. I never cash checks over $200 -- it's just something I've always wondered.
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