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Thank you for your response.
The accrued dividends and unexchange / recapita was all converted into cash by the state when it came into their possession.
I became aware of this unclaimed property in my husbands name 2 years after his death.
I received a check for the unclaimed property this year and no tax documents regarding how the state treasury reported it.
My understanding from your response is that the amount I received for the unclaimed fund in the form of a check is not taxable.
However, any interest earned if the check was deposited in a checking or saving account is taxable.
Am I correct in my understanding?
Thank you
‎April 13, 2021
3:03 PM