income tax on certificate of deposit beneficiary

[Fridayck]

washington does the beneficiary of a certificate of deposit pay income tax on the cashed in amount?

 

[loku]

Beneficiary of CD

If the certificate of deposit was inherited by the beneficiary, there is no income tax on the cashed in amount. There is no income tax on inherited property.

If by beneficiary, you mean something other than a person who inherited the CD, please let me know.