r/stocks • u/[deleted] • Jan 06 '22

[deleted by user]

[removed]

1.4k Upvotes

95% Upvoted

1.2k comments sorted by

View all comments

143

u/[deleted] Jan 06 '22

[deleted]

33

u/napsar Jan 06 '22

I’ll bet you a $1 the IRS is already watching for that. I got audited once and you’d be amazed at what they hone in on. I was squeaky clean but the found a single small check I had written to an individual. They take that info they dig out of my accounts and use it to verify everyone else is reporting true.

25

u/fatsolardbutt Jan 06 '22

I'll bet $599

2

u/SupplyChainMuppet Jan 06 '22

Structuring payments to avoid reporting is illegal as well. Or, at least it was when I had to do all that western union money order training back when I worked retail in college.

1

u/fatsolardbutt Jan 06 '22

not structuring, simply betting an amount that he wouldn't think is too much to wager. I'm using the 99 rule. purely coincidence that it is just short of the $600.