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#1705474 - 05/31/12 10:13 PM CTR and multiple persons
Anonymous
Unregistered

Sorry for the stupid question. If a person withdraws more than $10,000 in cash from a joint account do we still report both owners on the CTR?

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#1705482 - 05/31/12 10:39 PM Re: CTR and multiple persons Anonymous
DebbieF Offline
New Poster
Joined: Jul 2008
Posts: 9
Texas
You would only report the person withdrawing the cash. If they were making a deposit into a joint account for an amount that was reportable, then you would report both persons on the joint account because it would be benefiting both parties.

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