It’s also a cashier’s check (sometimes called a treasurer’s check or bank check), bank draft, traveler’s check or money order with a face amount of $10,000 or less that a person receives for: What’s cashįor Form 8300 reporting, cash includes coins and currency of the United States or any foreign country. For example, an exempt organization that receives more than $10,000 in cash for renting part of its building must report the transaction. But the organization must report noncharitable cash payments on Form 8300. See Publication 526, Charitable Contributions, for details. Note, however, that under a separate requirement, a donor often must obtain a written acknowledgement of the contribution from the organization. A tax-exempt organization doesn’t have to file Form 8300 for a charitable cash contribution. Tax-exempt organizations are also “persons” and may need to report certain transactions. For example, dealers in jewelry, furniture, boats, aircraft or automobiles pawnbrokers attorneys real estate brokers insurance companies and travel agencies are among those who typically need to file Form 8300. Who is coveredīy law, a “person” is an individual, company, corporation, partnership, association, trust or estate. The information on the form helps law enforcement combat money laundering, tax evasion, drug dealing, terrorist financing and other criminal activities. Federal law requires a person to report cash transactions of more than $10,000 by filing IRS Form 8300 PDF, Report of Cash Payments Over $10,000 Received in a Trade or Business.
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