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      07-27-2012, 01:21 PM   #127
BMWcoupe335ii
Second Lieutenant
14

 
Drives: 11' 335i coupe
Join Date: Nov 2011
Location: Cali


Posts: 267
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Quote:
Originally Posted by John 070 View Post
Doesn't make any sense to me, cash is king. Either you take it, or I shop elsewhere. They are required to inform the IRS, but again, I don't get you providing employment, etc, that's none of their **** business.
You don't seem to understand, I had to give this info to the IRS, not the dealer. In this situation it's not about cash being king it's about how you got the cash. The IRS wants to know EVERYTHING especially when your purchasing a 50k+ car cash. It's even worse when your trying to mortgage a house.