Reply To: Attorney Trust Account

Home Forums Member Forum Attorney Trust Account Reply To: Attorney Trust Account

#41948
James Wade
Participant

Joseph,

Client trust accounts are not the taxpayer’s property. Still, generally speaking, the account is in the taxpayer’s SSN or EIN so I’d list it for informational purposes only but note the balance as zero and on the attachment point out the account is for holding client funds in trust.

Someone may have other ideas or suggestions but that’s my take on it.

Jim Wade