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Old Aug 13, 2025 | 8:54 am
  #39  
mia
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Originally Posted by Need
.... And you will need to ask to have 2 separate checks, because depositing a check over $10k is going to trigger the bank to let government knows about it.
Trying to evade reporting by making a series of smaller deposits is called Structuring, and that is illegal. Depositing large checks is not illegal.

Nonetheless, it's a valid point that cashing out credit card points is not a taxable event, but selling those points might be.
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