I inherited US Savings Bonds from my sister's estate. Do I have to pay taxes on the interest those bonds gained, (they were cashed as part of liquidating the trust).
You'll need to sign in or create an account to connect with an expert.
Yes ... someone does ... it was taxable to the decedent so it is taxable to the trust or the beneficiaries.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jguy24
Level 1
howertondenise
New Member
runfar-2
New Member
mercurianacinony
New Member
dbkosub
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.