Would depositing about $900 a month in cash to my bank account obtained via in person BTC sales get me in trouble?

I would just be selling BTC in person to a friend but if it going to fuck me over legally I'd just rather not.

How risky would this be?


Comments


[1 Points] JesusdiedLOLOL:

No ones care about $900 a month


[1 Points] auto587643:

$900 a month isn't a substantial amount of money; hence, nobody will care in all likelihood.


[1 Points] HappySodomy:

As long as you pay taxes on it, you'll be fine.


[1 Points] Kwitcher_Bitchin:

dude, just go pay some bills! if you ever have irs problems,they will do a fake subpoena and get your bank records and assess tax on your deposits. that sucks.


[0 Points] throw4speculations:

Are you like buying off coinbase/circle and selling to him so he can buy on DNMs? If so, a lot of DNM activity could get your account closed if your friend is not careful about moving the coins around a bit before they finally arrive at the dirty address. Are you posting here from the clearnet? You shouldn't be, stop now.


[0 Points] J603:

Technically you have to declare any capital gains to the IRS (and pay taxes), but for only $900 a month I doubt they would ever find out.