within 12 months, you need to report your cash payment. Otherwise your bank will report it to IRS. See IRS Publication 1544 at www.irs.gov.
I don't know exactly how IRS enforce this situation.
If you made less fortune, don't worry about it.
If you receive $10,000 or more in cash
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i deposit $3000 cash every month, no problem. My sis in law
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12/15/2005 postreply
18:48:03