How often is a safe amount to make deposits of cash into your bank account?

Lets say i put in a stack every week for six weeks in a row. Sketchy? or if i put $500 in every day for five days in a row


Comments


[3 Points] Doglover1987:

start a computer repair biz, a lawn mowning company, or any cash based biz. Pay taxes on the income.


[2 Points] bigtimetimmyjim22:

I doubt you will be on the radar with transactions that small. Tons of people move large sums in and out of personal accounts semi regularly. Basically anyone who gambles does, might not be a bad idea to do less regular and more variable deposits with a little casino action mixed in.


[1 Points] drimilr:

A stack = 100? A bank wouldn't flinch.

500? Again, prob not.

Spreading your deposits as thin possible over a longer period of time will be in your favor.


[1 Points] Ghost_421:

My suggestion is that instead of going through the bank to buy your bitcoin, you just buy "Cash in Mail" on Localbitcoins. Then you wouldn't have to worry about the tax man. If you package it well enough there shouldn't be an issue.