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The Insurance money you received will not be taxable to you. The interest earned on the CDs and the bonds will be taxable. The Corporate bonds work like the CDs and Savings Bonds, the investment income derived from them are fully taxable.
I sincerely XXXXX XXXXX information is helpful and please accept my condolences on your loss,
Thanks for the answer. Do I owe taxes on the interest I earn on the bonds and CD's; or do I owe taxes on what my mother earned on interest while she owned them. Probably 30% of the gov savings bonds was Interest earned by my mother.
Thank you for your condolence.
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