Doc Request - written statement of bank acct % ownership? (credit card, how much)

[tsefinamit]

Hello, I wanted to see if anyone has experienced getting an additional doc request of bank account ownership (%)? The exact request is a written statement detailing what percentage of ownership I have in my checking & savings account and to include if all the funds are mine or not.

For context I am single and my bank account is not a joint account though I am an authorized user of my parents credit cards. However on my statements my mom is listed as a “POD” which I think is person of death? I’m thinking maybe the agent thinks it’s a joint account maybe because on my statement it says in bold “my name POD mom’s name” on every page but that’s just my guess.

To complicate things a little, in the past (1-2 years ago) my parents put some money in my account for me to invest on their behalf and some of it remains in my checking account and is getting moved around here and there. So technically all the money in my checking is not actually mine (maybe I own 80% and my mom 20%).

So in this statement I’m supposed to submit, should I state that I own 80% of it or just keep it simple and say I have full ownership since I don’t really have proof of my parents owning 20% of the $? Unsure how much detail is needed.

So pls let me know if you have also submitted a statement like this and how much detail you wrote in, etc

Thank you so much! Maybe I’m just overthinking things but this has been stressing me out!

[tsefinamit]

The reason this has been stressing me out is because I’m afraid my assets will take me over the income limit. I read through the handbook and it says “actual earned income from the asset is compared to .06% of the total and higher of the amounts is added to income”

I have a lot of money in online high yield savings account that clearly state the interest rate (4%) and CDs with clear %s as well as stock brokerage accounts + bank account. So I guess half my assets can be calculated into an actual interest income and worried that actual amount would be added as income instead of the .06% of the total. So if I’m able to state that I don’t actually fully own my bank acct at least, it could help me stay under the income limit? but definitely don’t want to make things too complicated