SCOUT· 61%10m·2026-08-17·MoneyI'm Sitting On $55,000 I Can't Use
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What people are saying
“The $10,000 deposit number is just a number where the bank is required to send a report to the IRS and FinCEN, trying to work around it is dumb both because the bank is free to send the same report for any deposit if they think there's a ch…”
“He's not trying to avoid taxes. The bank is just giving him a hard time and he didn't understand it”
“This video remind me how my life completely turned around, I hit $1M today, two years ago, I was sleeping in a basement apartment with zero savings and mounting debt. I stopped chasing 'get rich quick' schemes and started focusing on risk m…”
“It's called structuring when you deposit less than the reportable limit in order to avoid having the money reported to the IRS, which is a felony.”
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