ITG FAQ #3 Answer-What are the filing requirements for Form 8300?

A required Form 8300 must be filed within 15 days after receiving a payment of more than $10,000. If you receive more than $10,000 in additional cash payments from a buyer within a 12-month period on the same transaction (e.g. installment payments), you must file another Form 8300. This includes transactions by casinos with gross annual gaming revenue of $1 million or less, and certain non-gaming related businesses, such as hotel, giftshop, catering/banquet, conference/seminar facilities, etc.

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