depositing cash in bank

[brewin34]

What is the name of your state? Florida
I am employed with state but my husband does not work and he has has no income for almost 10 years. I withdrew my savings, almost 40,000, as currency from the bank, that I made from my salary from the years prior to 6 years, and gave that cash to my husband as gift almost 6 years ago. Now he wants to deposit that cash in bank. We just learned that banks may report to IRS if the cash amount exceeds 10,000. I am willing to give a notarized affidavit to IRS or my husband confirming that I gufted him that cash, if needed. I have no bank receipts to prove that I withdrew that money from bank 6 years ago as the bank said they no longer have those documents but our joint tax returns for 6 years ago and beyond prove that I earned that money during those years. Will this (my affidavit and tax returns) be enough to convince the IRS if IRS contacts my husband about this cash deposit? Anything else we need to do in this matter?

 

[Taxing Matters]

Will this (my affidavit and tax returns) be enough to convince the IRS if IRS contacts my husband about this cash deposit?

It might. That depends on the agent, how credible you appear to be, and what else might uncovered during the agent's investigation.

Anything else we need to do in this matter?

Right now, not much you can do. I suggest you try to find the withdrawal slip you got from the bank when you took the money out and the bank statement that you got from that month, if you still have them anywhere.

 

[brewin34]

Thanks. Unfortunately, I could not find any bank slip or bank statement.