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Not unless his social security number is used by the issuer from the bank on the 1099-INT tax information form.

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15y ago

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Can you open a bank account at sixteen?

If you have an adult to sign with you, any kind you want. You have to be 18 to open an account without an adult. As long as you have some money, because usually (although not always) you have to keep a small minimum balance in a checking account. But you can buy any kind of service a bank offers as far as I know.


How old do you have to be in nebraska to have a checking or savings account without an adult on the account?

If you want to open an individual account then you must be atleast 18 years old. But, if you are a minor (less than 18 yrs) you can always open a joint account with any of your adult family members like mother, father, elder brother etc. banks do not say no to any customer who wishes to open a bank account


Can a minor be responsible for a checking account in the state of NC?

No, an adult would have to be a co-signer. Until they reach 18 years of age, minors are not legally responsible for debts or contracts.


How old do you have to be to get a checking account?

Some banks have different policies and procedures for checking accounts and the age at what they can be opened etc. RBC Bank for example in Champions Gate FL can open a checking account for a minor (min age 15 - though usually 16/17yrs) as a sole owner (no one else on the account) though a parent/guardian would need to sign a "parent/guardian indemnification" to allow this. Visa however have requirements that you must be 18 to have a Visa Check Card, though this can be avoided by using an ATM card instead.


Can someone on joint checking account that's not on will take all the money out and keep it even it was suppose to be split between the adult kids?

Yes - Upon death of one joint owner of an account, the other joint owner(s) are entitled to the funds.


Does chase have a student checking?

Yes, Chase Bank offers student checking for students in junior high and high school when it is linked to a parent's or guardian's adult Chase account. They also have college checking, which doesn't require linking but they may need proof of enrollment at an accredited college if you want the monthly fees waived.


Does adult child have rights to fathers estate in Canada?

An adult child is a natural beneficiary to an estate. If there is no will, and there is no spouse, they are likely to get the estate.


What is the legal age in Florida to open checking account?

If you want to open an individual account then you must be atleast 18 years old. But, if you are a minor (less than 18 yrs.) you can always open a joint account with any of your adult family members like mother, father, elder brother etc. banks do not say no to any customer who wishes to open a bank account (Unless they have a valid reason because the customer is bankrupt or has criminal record etc.)


What is a custodial account?

A custodial account is an account set up by an adult to benefit a minor.


How do you delete my adult date link?

delete my account from adult date link


Can a 12 year old have a checking account?

Yes, provided either of your parents accept in your account opening and guarantee to supervise the account and be the accounts guardian. Only majors are allowed to operate bank accounts independently. Children need the supervision of adults for opening accounts.


How old do you have to be to open a checking account in California?

If you want to open an individual account then you must be atleast 18 years old. But, if you are a minor (less than 18 yrs.) you can always open a joint account with any of your adult family members like mother, father, elder brother etc. banks do not say no to any customer who wishes to open a bank account (Unless they have a valid reason because the customer is bankrupt or has criminal record etc.)