IRS Audit
If a relative is signed onto a family checking account and that person is going to be audited by IRS will the IRS take funds from the account? They don’t contribute anything and are currently residing in a nursing home only receiving SS funds.
Terry Says
If it gets to the stage where the IRS issues a “levy of someone’s property, they can reach into any account with that person’s name on it!
I suggest you absolutely close that account and open a new one with only your name on it!
Read this: https://smartasset.com/taxes/can-irs-take-money-out-of-your-bank-account
