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Are Additional Signers Included on the CTR?

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If a deposit in excess of $10,000 in cash is being deposited into a sole proprietor/business account by the proprietor himself, and there are additional signers on the account, do the additional signers have to be included on the CTR?

Additional signers do NOT have to be included on the CTR; only the account owner is listed. If you're in one of those states that recognizes a husband/wife sole proprietorship, it may be a joint account (and both spouses will be listed on the CTR), but other authorized signers don't have an ownership interest, and don't get listed (unless you list one in Section B because he or she brought the cash into the bank).

First published on 1/9/06

First published on 01/09/2006

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