Do dependent minor savings acoounts have to be included in OIC? Thank You!!
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Do dependent minor savings acoounts have to be included in OIC?
Jan 25, 2007
1 Replies
If the savings account belongs to the child (has child's SS# on the account), the interest from that account would be reported on the child's tax return, if s/he needs to file a return. It does not go on your return. Missy Doyle
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