I've been receiving some extra income due to DNM related activities. To give you a rough estimate, within the past month, I've acquired a grand and a half. Granted, that's nothing compared to what some people make, but I need to make sure that I'm not risking tax evasion by getting this money into my account.
I've held multiple part-time jobs over the course of the past year, so whenever I receive a check those are instantly deposited, along with small amounts of cash ranging from $20-$100. What's the best way to transfer in upwards of 2 grand in cash without raising flags? Considered giving the money to a trusted friend and have him write me a check as a "gift" or something of the sort. Not trying to convert cash assets into non-liquid assets unless I have to.
Also, how suspicious/risky would it be to make purchases ($100-500) on a bank credit card and pay that off in cash in person?
I dont think a grand and a half a month is anything to worry about in the least. I've been putting more then that away every week...and before i started depositting that much I wasn't doing a single thing to "launder" it...now I've decided to start.