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<p>[QUOTE=&quot;medoraman, post: 1996383, member: 26302&quot;]What your friend is getting at is how do you prove to the IRS this money being deposited is money you already paid taxes on? I understand you say you are just churning it, trading cash for coins and vice versa. However, to the IRS this could look like you depositing a lot of money that you made and haven&#039;t paid taxes on. Also, to law enforcement, it could look like you are trying to launder money, to hide the fact it was from illegal activities.</p><p><br /></p><p>I do not think either are true for you, but they could be concerns. As protection, make sure you document when you take money out as well as deposit, as well as document any coins you find from roll searching.[/QUOTE]</p><p><br /></p>

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