My son turned 18 and his grand mother who lives abroad set up a bank account for him. Do I have to declare it in Form 8938?
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1 Best answer
LinaJ2018
Intuit Alumni
Jun 6, 2019 12:35:46 AM
No, you do not need to declare it as the account is set up for him. Also if your son is not required to file his own taxes, he does not need to file it.
No, you do not need to declare it as the account is set up for him. Also if your son is not required to file his own taxes, he does not need to file it.