MaryK4
Expert Alumni

Get your taxes done using TurboTax

A little bit- you, as the beneficiary, did not receive the funds as a result of her death (thank goodness).  Because it matured, it would have been income to your mother so she would be responsible for paying tax (if any) to Germany.  Your received it as a gift and do not have to pay tax on it. (unless it was over $100,000 in which case you would need to report on a Form 3520).

@Gibbon13

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"