Cash Reporting

Dealers must report to IRS (using IRS/FinCEN Form 8300) the receipt of cash/cash equivalents in excess of $10,000 in a single transaction or two or more related transactions. By January 31 of the following year, dealers also must notify the customer in writing that a cash report was filed.

Applies to CAR and TRUCK dealers.

• Electronic Filing of 8300: BSA E-Filing System
• IRS Form 8300
• Form 8300 and Reporting Cash Payments of Over $10,000
• Instructions for Electronically Filing Form 8300  
• Definition of Cash  
• A Dealer Guide to Federal Tax Issues  
• The Buck STOPS Here: Cash Reporting, Money Laundering, The Law and You (Video) (1996)
• Cash Reporting and Your Dealership—Questions and Answers on Form 8300  
• Cash Reporting Sample Customer Notification Letter  
• IRS Form 8300 Reference Guide