The IRS considers all of the following as cash:
- A money order valued at $12,000.
- A traveler's check for $6,000.
- A cashier's check of any amount.
Therefore, the correct answer is:
4. All of the above.
Which of the following would the IRS consider as cash?
1. A money order valued at $12,000.
2. A traveler's check for $6,000.
3. A cashier's check of any amount.
4. All of the above.
1 answer