Fort Myers, FL asked in Consumer Law for Florida

Q: I buy a suv from autodealer from florida i pay with my private check from my checking account they refused

To deliver my fully payd suv with exponation that that was cash deal and try to make me feel out the irs form 8300 I was send them a extract from irs with clearly explanation what was a cash deal and because i paid with my private check it don't feel in category cash deal

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1 Lawyer Answer
Jonathan Blecher
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Answered
  • Coral Gables, FL
  • Licensed in Florida

A: Under a separate reporting requirement, banks and other financial institutions report cash purchases of cashier's checks, treasurer's checks and/or bank checks, bank drafts, traveler's checks and money orders with a face value of more than $10,000 by filing currency transaction reports.

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