My mother closed an UTMA account; gave me the remaining funds ($3500). Although my name is on the account as well, am I liable to claim this money? No 1099 for it found.
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My mother closed an UTMA account; gave me the remaining funds ($3500). Although my name is on the account as well, am I liable to claim this money? No 1099 for it found.
I am certainly well above the age of a minor, but I don't know if the account was ever officially transferred to me.
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