I have a joint bank account with my son, opened a few years ago when he was under 10 years old. Must I include interest earned on this account in my income?
We have not withdrawn money from this account; it's for his future.
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1 Best answer
Delphision
New Member
Oct 30, 2019 5:42:44 AM
You can enter it as his income in the dependant section, or add the T5 to your income, or split it 50/50.
1 Replies
Delphision
New Member
Oct 30, 2019 5:42:44 AM
You can enter it as his income in the dependant section, or add the T5 to your income, or split it 50/50.