Scenario- Mother and Son have a joint account. Son comes in and makes a $9500 deposit to joint account.

Mother and Father have joint account. Mother comes in makes a $900 deposit to the account.

3 questions- Does Mother get a CTR listing both accounts?

Is the form filled out with Multiple Persons and Multiple Transacations checked at the top?

Who goes in Section B, we have CIP on all family members as they are all bank customers?

Thank you

Since both transactions were, by definition, conducted on Mom's behalf and total over $10,000, you have to file. Because the deposits are made to joint accounts, you have to include Section A entries for the joint owners.

For paper CTR filers:
File one CTR, with Mom in the first Section A, multiple transactions and multiple persons checked in item #1. Check "conducted on own behalf" in Section B. Add section A entries for Son and for Father. List the combined cash total in item 26, and provide both account numbers.

Since Son conducted one of the deposits, you could swap him to the first Section A and include Mom and Dad in Section A's on the reverse.

I knew we had to file...

What about section B? How would I complete that?

LOL......this really happened? Geesh!

If I were to take a stab at it, I would say Multiple Persons and Multiple Transactions checked. I would list Mother on page 1 (Section A), with conducted on own behalf checked, Son (no Section B) and Father would be on page 2 (Section A, with Mother in Section B).

I would rather over-report than under-report.

Good luck!

Conducted on own behalf...There would be no section B needed except for the "conducted on own Behalf" box being marked.

Oh.....and as John mentioned, combined total of $10,400 and list both joint accounts as the affected accounts.

Section A: Mom, Son, Dad
Section B: Conducted on own behalf

Don't worry about first and second pages and conductors/benefactors matching for the separate transactions. Just doesn't matter.

Is there a reason why it just doesn't matter?

I mean I get what you said and it makes sense and that is exactly what I am doing...

I just like to know the WHY for what I do sometimes...

To me the only "beneficiary" is the mother for being on both accounts, which is why I leaned initially to one section A for her and two section B for her and her son? So where did my logic go wrong in terms of CTR completion?

Cheers!

Section A documents "on whose behalf" the transactions were conducted. Every owner of an account benefits from a cash deposit; therefore, all joint owners should be listed on the CTR.