---
title: "Check whether cash over $10,000 received in the practice must be reported on Form 8300"
url: "https://ailawframework.com/obligations/aml-ctf-the-practice-as-a-reporting-entity/prepare-a-threshold-transaction-report-for-physical-currency/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A52OB-SF20261022-6-US"
practice_area: "AML/CTF — the practice as a reporting entity"
tier: "red"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Check whether cash over $10,000 received in the practice must be reported on Form 8300

> List each cash amount, the date, the payer, and whether the lawyer says the receipts are related. Do not complete or file the form.

Canonical page: https://ailawframework.com/obligations/aml-ctf-the-practice-as-a-reporting-entity/prepare-a-threshold-transaction-report-for-physical-currency/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [AML/CTF — the practice as a reporting entity](https://ailawframework.com/obligations/aml-ctf-the-practice-as-a-reporting-entity.md) |
| Human involvement | Red: Lawyer writes; AI may check, clarify or collect data |
| How AI is used | List each cash amount, the date, the payer, and whether the lawyer says the receipts are related. Do not complete or file the form. |
| What the lawyer must review | 26 U.S.C. § 6050I requires a person engaged in a trade or business who receives more than $10,000 in cash in one transaction, or in two or more related transactions, to make a return, and to give each person named on it a written statement by 31 January of the following year. The IRS page says file Form 8300 within 15 days after the cash transaction, and that the statement must name the business, a contact, and the aggregate amount, and must say the information was furnished to the IRS. You file it. The tool does not. |
| Written for | United States |
| Applies to | [Prepare a threshold transaction report for physical currency](https://ailawframework.com/obligations/aml-ctf-the-practice-as-a-reporting-entity/prepare-a-threshold-transaction-report-for-physical-currency.md) |

## Checking plan

- What the AI does: List each cash amount, the date, the payer, and whether the lawyer says the receipts are related. Do not complete or file the form.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- The 15-day period is on the IRS page. The statute leaves the time to regulations.
- The IRS page says a filing under the threshold marked as suspicious is voluntary, and the statement is not then given to the person named.
- Electronic filing turns on whether the business must e-file at least 10 other information returns. Confirm the current IRS instruction.

## Sources

- [26 U.S.C. § 6050I (returns relating to cash received in a trade or business)](https://www.law.cornell.edu/uscode/text/26/6050I) (checked 2026-10-22)
- [IRS: Form 8300 and reporting cash payments of over $10,000](https://www.irs.gov/businesses/small-businesses-self-employed/form-8300-and-reporting-cash-payments-of-over-10000) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*