Skip to content

Business Account with Child's SSN?

Answered by: 

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: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics