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I was added as an authorized signer on my mother's checking and savings accounts while she was traveling overseas. Can I be held liable for her business taxes or debts, or is there no liability for an authorized signer in the United States?
I was added as an authorized signer on my mother's checking and savings accounts while she was traveling overseas. Can I be held liable for her business taxes or debts, or is there no liability for an authorized signer in the United States?
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Robert James, 20+ years of experience in IRS mattersAnswered on October 07,2023
No, being an authorized signer on a checking account doesn't make you liable for any tax debts.
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