Does anyone know if banks report large deposits to banking accounts to the IRS? Reason being, I have a large amount I want deposited, and want to know if it is better to have it broken down into several smaller amount deposits. The problem is that it's not like I'm a up a huge amount as a lot of it would be money I had already "invested" on bets from credit cards, but the banks have no idea what I have already put in and would not recognize that my deposits would not be all profit.
Thanks for input.
Thanks for input.
