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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.
For more information, see Form 8938
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.
For more information, see Form 8938
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