<p>I’m a student, and my father and I have two shared bank accounts. According to him, the accounts are in both of our names/social security numbers. On the FAFSA and PROFILE, should this money be counted under his name or mine? (Thanks in advance for input.)</p>
<p>The interest is usually reported under only one social security number, report it to FAFSA as the asset of the person to whom the year end tax report is attributed.</p>
<p>Only ONE of you gets a tax form with the interest from the bank. Whomever gets that…reports the asset.</p>