TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


On Parents' Account

August 11, 2009

Today TaxMama hears from Sherri in Montana with this question. “Are there tax consequences to being a signer on your elderly parents’ checking account in case something happens to them?â€



Dear Sherri,

Do you mean will anything bad happen to