How Much Money Can You Deposit Before it is Reported?
How Much Cash Can You Deposit Before It Is Reported to the IRS? If you deposit less than 10,000 cash in a specific time period, it may not have to be reported. However, when a customer makes multiple smaller cash payments in a 12month period, the 15 days countdown for reporting to the IRS starts as soon as the total paid exceeds 10,000.