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#918939 - 03/10/08 08:56 PM Information reporting on UTMAs
Reed Offline
Diamond Poster
Reed
Joined: Sep 2005
Posts: 1,251
West Coast
Should you report under the minor's or the parent/custodian's SSN?

Thanks

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#918985 - 03/10/08 09:21 PM Re: Information reporting on UTMAs Reed
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
The minor's. That's who owns the funds and, at least, theoretically, benefits from the interest.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
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#918986 - 03/10/08 09:22 PM Re: Information reporting on UTMAs John Burnett
Reed Offline
Diamond Poster
Reed
Joined: Sep 2005
Posts: 1,251
West Coast
Thanks, John

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