@shanesnh wrote:
Thanks. Would my bank reporting a 10k transfer affect my taxes or flag anything in anyway? I mean, I just need the money over here but I could transfer a bit less like 9,500 or something if it could inconvenience me later.
No, the bank reporting the transfer of funds does not affect your taxes or tax return in any way.
The purpose of this requirement is to prevent money laundering and other criminal activity.
