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Get your taxes done using TurboTax
So my mother passed away in October, 2022. She had CD's that were designated as Paid on Death and I cashed in the CD's in December, 2022. It appears that the interest that accrued from October to December becomes taxable. So I assume this taxable interest is reportable in the 2022 tax year; is this correct? What Federal tax form do I use to report this interest? Thank you
March 4, 2023
3:35 AM