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8320 F5/page 1 of 1 EMPLOYEE INFORMATION FORM The following information is compiled for the Holmes County Director. Please complete and return to your building secretary by September 2, so all forms
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8320 f5page 1 is the form used for reporting cash payments over $10,000 received in a trade or business.
Any person or business that receives cash payments of over $10,000 in a single transaction or related transactions.
You must provide information about the payer, the amount and nature of the payment, and any other relevant details. The form must be filed with the IRS.
The purpose of the form is to report large cash payments to help prevent money laundering and other illegal activities.
You must report the name, address, and taxpayer identification number of the payer, as well as the amount and nature of the cash payment.
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