<prompt> Human: Can somebody ELI5 this to me? I am doing buy and sell for my friends lately and I dont have a job. If I take money out around 500 to 1000 a month and put money back in. Would it trigger an IRS red flag?  <response>: To clarify, its not a limit to how much you can deposit, but a threshold where CTRs Currency Transaction Reports are generated. A few notes:1. The bank cannot legally tell you if your deposit is generating a CTR. The bank may also trigger a Suspicious Activity Report SAR flag, They cannot tell you if youll be SAR flagged or not, either.2. One single CTR isnt likely to get the IRS or police knocking on your door, but multiple CTRs from multiple financial institutions will. Id stick with your regular bank and avoid the urge to switch banks.3. CTRs are filed on an aggregate daily limit of 10,000. Unless youve made a typo, 500 to 1000 month wont trigger one. 