Reply To: Interest rec’d after death

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#7644
bg6638
Participant

At first, I thought I would just need go from the date of the death, and figure just 5 days of interest. But I realized that several CD’s only post interest semi-annually, others post quarterly, and most monthly. That’s why the number isn’t around $200 ~ $225, because I believe the IRS would insist on accounting based on when the interest was actually available, not just accrued. Or maybe I’m reading too much into this???