Death Beneficiary on a CD

[cdeba]

I was the beneficiary on a CD.  Will I pay taxes on this?

Thank you!

[Carl]

No. But you will pay taxes on earnings that have accumulated since the passing of the original owner. This is assuming taxes on the earnings accumulated earnings up to the date of their passing are/were paid on their final return, or estate return before the CD was transferred to you.

[Wmassive]

My mother died and I was a beneficiary on her CD. Do I pay taxes on the money I received?