<prompt> Human: Currently 17 years of age. I just received my social security number 1 month ago Long story and finally was able to have my own bank account. I ve collected mattress money Gifts, etc. over the years and wanted to put it to savings. I know the Bank has to report anything over 10k to the IRSOr suspicious activity, what happens with 50k in cash? I know gift tax is 14k annually. I never accumulated that much in a year.Is it best to trickle in the cash or to put in all in at once? Could I get into trouble for it?Would it be considered a laundering even though it was gifted?Last question, who could I talk professionally about these questions?  <response>: Is it best to trickle in the cashdont do that 