Florida
have recently found out that a money market savings account was set up with my name on it and was hidden from me. This account was set up by my mother so it also has her name on it.
I am not sure if I am a signatory. I have taken money out before although at that point it was on accident. I had made a withdrawal inside of a banking center and instead of taking the money out a my savings account that I set up they took it out of the one previously mentioned.
I know the interest on this account has never been put into my taxes and I have received documents pertaining to claiming income from this account but I assumed it was a bank error since I did not know of this account.
I am now extremely pissed and fearful that I owe back taxes for this account. My dad works at this bank so I did not want to go in and ask about it until I figured out what I wanted to do.
So, for my questions:
Should I go to a tax attorney or an accountant and have them look at my returns and the paperwork for this account to see if anything is owed?
If I am able to take out funds does that mean I am a signatory and if my name is on the account shouldn't I be a signatory?
I want to close this account or just take all the money out and take it to another bank, can I do this without her permission?
have recently found out that a money market savings account was set up with my name on it and was hidden from me. This account was set up by my mother so it also has her name on it.
I am not sure if I am a signatory. I have taken money out before although at that point it was on accident. I had made a withdrawal inside of a banking center and instead of taking the money out a my savings account that I set up they took it out of the one previously mentioned.
I know the interest on this account has never been put into my taxes and I have received documents pertaining to claiming income from this account but I assumed it was a bank error since I did not know of this account.
I am now extremely pissed and fearful that I owe back taxes for this account. My dad works at this bank so I did not want to go in and ask about it until I figured out what I wanted to do.
So, for my questions:
Should I go to a tax attorney or an accountant and have them look at my returns and the paperwork for this account to see if anything is owed?
If I am able to take out funds does that mean I am a signatory and if my name is on the account shouldn't I be a signatory?
I want to close this account or just take all the money out and take it to another bank, can I do this without her permission?
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