We had a situation where a customer (wife) came in and got $10,000 in cash out of a joint savings account. Later that day a customer (husband) came in and got $1,700 out of the same joint savings. Does a CTR need to be filed?

We weren't sure if being a Marital Property State, would figure into the "actual knowledge" of the other spouse benefiting from the transaction.

HELP!!

Here's a prior thread with a debate over how to report withdrawals from joint accounts should be reported. There are others.

Your situation puts a finer point on previous disagreements because if you do not assume at least one of the individuals benefited from both withdrawals you have no CTR filing requirement. Personally, I would make that assumption and aggregate the transactions.

The fact that yours is a marital property state does not affect how you comply with federal requirements.

I don't think you can be wrong in either case, whether filing or not. And I cannot see an auditor or examiner writing you up for not filing. There is no way to demonstrate both parties benefit from the withdrawal, as compared to a deposit.

“Chance favors only the mind that is prepared”. Louis Pasteur

We decided to go the conservative route and file one. Thanks for all the input guys!!!