I am a joint tenant on my parent's investment account. Do I need to report the interest for their account?

posted

Connect with an expert

1 Best answer

Accepted Solutions

I am a joint tenant on my parent's investment account. Do I need to report the interest for their account?

Not if your social security number is not on the form. If they receive the profit, it is theirs to report.

View solution in original post

1 Reply

I am a joint tenant on my parent's investment account. Do I need to report the interest for their account?

Not if your social security number is not on the form. If they receive the profit, it is theirs to report.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post