Can I use money orders to make deposits to my bank account to get around structuring?

I ve read some articles that said some people get their accounts and entire savings seized by the IRS simply because they made cash deposits throughout the year(s).

There was a case where one woman had her life savings of over $30,000 seized, because she was making cash deposits and this was seen as structuring,

I ve read some articles that said some people get their accounts and entire savings seized by the IRS simply because they made cash deposits throughout the year(s).

There was a case where one woman had her life savings of over $30,000 seized, because she was making cash deposits and this was seen as structuring, when she was simply trying to save money.

There have supposedly been numerous instances of this same situation occurring. This seems to also have happened to small businesses that work with cash and make cash deposits.

So, my question is since SAR s and such seem to only be reported with cash deposits, can I buy money orders and deposit them into my bank account to prevent my money in my bank account from being wrongfully seized or will there also be red flags from doing this as well?

Best Answer:

NSOUR: For the purpose of structuring law, Money orders are cash.

Other answer:

NSOUR:
If a money order was deposited into your bank account, it instantly becomes
cash money on deposit.
If a person has money in a bank account and owes unpaid income taxes, the
money can be seized for payment.
Jadzia Dax:
You will get many notices before the IRS will levy your account. People who have had their bank accounts levied by the IRS owed back taxes and ignored those letters sent to their home. You start making large cash deposits my guess you will hear from your local police department first to see where the cash is coming from. They need to make sure you are not a street pharmacist.
efflandt:
Unless you are doing something illegal, there should be nothing to worry about. Where is this cash coming from? It may look even more suspicious if you keep depositing money orders from yourself (or the same friend).
Megan:
If you're that paranoid, sure. I waitressed for a few years when I was younger and always deposited my cash — never had an issue.
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