Would a sudden addition of a large sum of money to one's bank account trigger an IRS audit?

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1097674

2026-08-27 00:05

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No, not automatically. The IRS is not notified each and every time a person or company's bank account receives a larger than usual deposit.

However, personnel at banks have been known to manually make referrals to the IRS or other law enforcement agencies when they suspect a depositor has made a deposit of funds secured through unlawful means.

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