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Business Account with Child's SSN?

Answered by: 
Randy Carey

Question: 
Can a child's Social Security Number be used on a business banking account?
Answer: 

It can only be used if it is the child's sole proprietorship or the child's single member LLC.

First published on BankersOnline.com 10/18/10

First published on 10/18/2010

Filed under: 
Operations
Security
Filed under operations as: 
IT
Security
Social Security
Sole Proprietorship
Filed under security as: 
IT
Security
Social Security
Sole Proprietorship

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