<prompt> Human: Basically the thread title. My friend who lives overseas has me deposit cash for him into an account in the US. Ive been doing it for a while, no problems. There have been recent changes made to the bank wells fargo and I can no longer do cash deposits, so I have to link my account or submit money orders. So before I was doing it anonymously, but now there are records of it being done under my name.Can this hurt me? Say for example if I am audited some day, can I be taxed on this money that I didnt earn but that I deposited? Thanks for any input.To be clear, again, all Im doing is depositing my friends money into his wells fargo account.  <response>: Sure it can hurt you, it has the appearances of money laundering with a foreign source of funds. That gets the attention of law enforcement, particularly when you are taking deliberate steps to be anonymous.If we are talking about a few hundred dollars a month, no big deal, if you are getting up to thousands of dollars in cash a month, thats a bit more than a friend should be asking another friend to do. Clearly your friend has a way to get money into your bank account so why isnt your friend putting the money into his Wells Fargo account directly? 