Originally Posted by
FoundInRNO
because the OP intended to avoid the taxes by structuring his transactions that way.!
All points taken except this. How can one avoid taxes by structuring transactions below 10K? When you go over 10K, you don't get taxed. It just gets reported to the government.
You don't set yourself up as a reseller, you avoid tax, that's another story. I just couldn't make connection between depositing below 10K and avoiding tax.