topic Do I need to file form 8300? in Get your taxes done using TurboTax

Do I need to file form 8300?

smac2 — Mon, 09 Mar 2026 04:52:56 GMT

We sold our truck in 2021 for $15,000, which represented a loss of about $15,000. The cash was deposited in a checking account.

Do we need to file form 8300?

Re: Do I need to file form 8300?

Bsch4477 — Sat, 26 Feb 2022 16:01:08 GMT

Not unless you are in the business of selling cars.

Re: Do I need to file form 8300?

ColeenD3 — Sat, 26 Feb 2022 16:12:29 GMT

Who Must File

Generally, if you're in a trade or business and receive more than $10,000 in cash in a single transaction or in related transactions, you must file Form 8300.

A "person" who must file Form 8300 includes an individual, company, corporation, partnership, association, trust or estate.

You must file Form 8300 with the IRS if any part of the transaction occurs within any of the 50 states, the District of Columbia or a U.S. possession or territory (American Samoa, The Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico and the U.S. Virgin Islands).