You will report this income on Form 1040 Schedule 1 Line 8 other income.
To enter your unclaimed property amount follow these steps.
- With TurboTax open select Wages & Income
- Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C
- On the next page, select Other reportable income
- On the page, Other Taxable Income enter unclaimed property from state in the description.
This will put the income on Schedule 1 Line 8 of your Form 1040, as required by the IRS.
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