Silk Road forums

Discussion => Security => Topic started by: CLONE on April 27, 2012, 04:41 pm

Title: MTGOX withdraw questions... what to answer if..
Post by: CLONE on April 27, 2012, 04:41 pm
I know this is the second topic in a short while, but I am really wondering this.

In the last couple of months I have withdrawn about 3000USD from MTGOX back to my bank account. What if the bank or the tax guys start asking questions on how I made that money? This might not ever happen but I want to be prepared well.

I am not withdrawing any more money back to by bank account as I have found a much safer way now, but still this 3000USD is bothering me.
Title: Re: MTGOX withdraw questions... what to answer if..
Post by: Delta11 on April 27, 2012, 10:35 pm
They don't ask any questions or even report it to the IRS unless you're making deposits of $10,000+ so you're okay, once you hit that cap you have to find a new way to cash out your money.
Title: Re: MTGOX withdraw questions... what to answer if..
Post by: Limetless on April 28, 2012, 06:41 pm
If you want help on this OP, PM me and we can discuss it.