I'm with Wells Fargo, and I opened my first account when I was like 10? You'll need your parents there if you're under 18 I believe, or maybe its 16, but there isn't an age limit.
17
don't know . it is actually based on your AGI
You generally can claim your minor children as dependents because they usually aren't providing more than half of their own support. When you look at support for a person, consider all expenses paid for them, such as housing, food, transportation, etc. Only if the minor child is providing more than half of their own support do you lose their exemption. Any money the child puts into a savings account does not go towards their own support and is basically taken out of the mix. See IRS Publication 501. Example: Julie is 17 and made $8,000 this year, mostly in the summer. She's saving most of her money and put $5,000 in a savings account. Julie has paid $3,000 towards her own support. As long as her parents have paid more than $3,000 towards her support, she is their dependent. If Julie didn't put any money in savings, then her parents would have to pay more than $8,000 towards her support to claim her as a dependent.
$1442 -APEX
Go to IRS gov web site and use the search box for PUBLICATION 17 and then go to chapter 3.Age Test* To meet this test, a child must be:* Under age 19 at the end of the year and younger than you (or your spouse, if filing jointly),* A full-time student under age 24 at the end of the year and younger than you (or your spouse, if filing jointly), or* Permanently and totally disabled at any time during the year, regardless of age.Example.
In the UK you can get a bank account from the age of 11. You can get a savings account before that.
Yes you can. And you won't have a minimum balance or service fee charge either until you're 18!
17
Wells Fargo, if your parent is added on the account with you. They have a checking called the "teen checking" that is specifically designed for people between 13 and 17. Once you turn 18, you can open an account without your parent having to be on it with you.
Yes. Anyone with a checking or savings account can get an ATM card.
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.)
50,940 dollars
No its 18
No, it is generally not possible to obtain a debit card at the age of 17 without parental consent or involvement, as minors typically require a parent or guardian to open a bank account and obtain a debit card.
I would recommend not getting a checking account for your child until they are older. A good age to think about this would be around 16 or 17 years of age.
you can be any age as long as you have money. to open your own account with just your name in it.... you must be at least 18 years old 18 years old you have to be 12 or older
Michael Chang