Just for the sake of academics, just how much money that you

>>1753355
How much cash?

1. Bite the bullet and pay taxes

2. Learn how to launder money (illegal)

3. Make small deposits over a very long period of time (years, depending on how much we're talking about)

4. If you're able, put the item/down payment onto a credit card. Make small deposits into your bank account and pay the credit card off with that cash.

5. Buy disposable one-time Visa cards and use all of those to make a down payment

6. Make the down payment in cash? Many places will take cold hard cash.

Your friend just managed to earn under the $10,350 gross earnings threshold, for a couple years and just didn't need to report.

>>1753368

Their salary is 33k a year for the past 3 years and 4 years before they they worked on call at like 10 bucks an hour

>>1753366

Somewhere to the tune of 60k... I know there are threshholds like 5k or 10k but I know they also have things in place to see structuring

He isn't trying to be completely illegal I mean lets say you just won some small money here and there gambling or sold some odds and ends how do you get that money in the bank over an amount of time?

>>1753370
>
So your "friend" has 60k in cash that he wants to put into a bank without paying taxes on?

Good luck. Short of laundering the cash you're gonna be hard pressed to pull it off. Why not just pay for your item in cash? What are you trying to buy?

If it's something like a car or whatever they will probably take cash. If it's a house or something I can see your dilemma.

Maybe just re-think how you allocate your funds? Maybe you can take that 60k and use it for your normal living expenses, and everything you can pay for in cash... then use your existing paychecks that go into your bank account as a down payment on whatever it is you're looking at.

>>1753376

Pretty much yeah, he never trusted banks so any spare cash he has gotten over the years goes in to the safe and now it is pretty large... he is thinking about a house or opening a business but is scared to death about what he is to do about the money becasue he knows he can get everything set up but in his bank account he only has like 20k