jeffmcpa2010
Level 11
02-21-2025
03:37 PM
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Person's (Decedent's) are most always cash basis taxpayers.
Likely the "Accrued Interest" will be taxed to the Estate, Or Beneficiary(ies) whoever is holding the account at the time the accrued interest actually gets paid.
Interest paid would be included on the decedent's final return.