- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Interest earned on the account will be reported to you by the bank and should be reported on your tax return.
The account was a joint account with you and your mother. You should check with the executor of your mother's estate to ensure there are no inheritance tax implications on the funds transferring to you upon her death.
Tax Implication of Money In Joint Account When One Dies
‎February 2, 2021
9:58 AM