How many days does a dealer have to file federal form 8300 after receiving over $10,000 cash?

A dealer is required to file federal Form 8300 within 15 days after receiving more than $10,000 in cash. This form is an important compliance tool mandated by the Internal Revenue Service (IRS) to help combat money laundering and other financial crimes. The timely filing of this form ensures that large cash transactions are reported and that the dealer is adhering to federal regulations designed to promote transparency in financial transactions.

Understanding the time frame is crucial for dealers, as failing to file Form 8300 within the specified 15 days can lead to significant penalties and legal repercussions. The 15-day window is designed to provide an effective and prompt reporting mechanism while enabling authorities to monitor large cash transactions for illicit activities.