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<p>[QUOTE=&quot;statequarterguy, post: 790616, member: 21782&quot;]The only purchases that would be reportable to the IRS would be purchases made with $10,000 or more in cash.&nbsp; Then too, the dealer is supposed to report cash purchases of less than $10,000 if they are &quot;suspicious&quot; or are a part of multiple purchases of less than $10,000, structured to avoid the $10,000 rule.&nbsp; Of course, I&#039;ve been retired for a few years, so that may have changed - I&#039;d check with a professional.[/QUOTE]</p><p><br /></p>

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