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US Treasury Check Payable to Father for Son

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Question: 
A US Treasury check made payable to a father for his son (Roy Boy for Ray Boy) was cashed over $10,000. Do I list the son as benefiting from the funds or do I only list the father as the conductor and who benefited?
Answer: 

I suggest listing Dad with item 2b checked and son with item 2c checked. I would not argue against checking item 2a instead of 2b on Dad's portion of the filing.

First published on 09/01/2014

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