Q: What should I do, what to expect after depositing 85,000 usd in my checking account ?
Hello, In 2005 I left the US and a safe deposit box with 85,000 dollars in cash (old 50 and 100 dollar bills) at a bank. That particular branch closed on 2018 and the bank drilled my box. The bank has asked me to notarize at a US embassy a written petition to deposit the funds into my checking account. I worry about what would happen after a so large cash deposit into my account. All that cash was money that I had to go to auctions back then and I want to do things the proper way about this money.
Any insights or advices on what to expect or on how should I handle things now?
Thank you.
A: Any banking lawyer--in any state--who is also an Enrolled Agent at the IRS can contact the IRS on behalf of a client anonymously and inquire about this very unusual situation. Try contacting some banking lawyers here on Justia and ask them if they are an Enrolled Agent; request anonymity and then explain your situation. Choose wisely.
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