Quote Originally Posted by David Merrill View Post

Actually that is $6K I believe, before you are required to file at all. The $1K is an exemption that may still be applied, I don't know, on coinage as lawful money. Understand that the 1984 Author was not aware apparently that the same Demand in Title 12 U.S.C. §411 could be applied to all cash - US notes in the form of FRN's.
Correct . The amount is currently $6,000 according to I.R.S. Publication 3453 (11-1999) . I have used this little info a lot over the years . The trap comes in the withholding racket .This Publication has not been updated apparently for a long time . I look for an update most every year , just to be sure .

Copy on line : Thank You for Not Filing