RachelW33
Expert Alumni

Retirement tax questions

You are responsible for capital gain tax on this CD because the CD's value at maturity was more than your cost basis (value on the date of death).  When a brokered CD matures, it is deemed to be redeemed or sold which is why you received a Form 1099-B reporting it.

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