WIRE TRANSFER INFORMATION FORM 2025

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The IRS reporting threshold: The $10,000 rule If you transfer or receive more than $10,000, the bank automatically files a Currency Transaction Report (CTR) with the government. This doesnt mean you owe taxes its simply a reporting requirement.
A wire transfer form is a document used by a bank to move money between two accounts.
The W-9 form is an IRS form to provide the information needed by a person or company that will make payments to another person or company. The company that pays you is responsible for requesting the W-9 form from you. However, the company requesting the W-9 has no obligation to file the W-9 with the IRS.
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