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Where do I report an unclaimed property payment? Came from State of Florida as beneficiary of annuity that belonged to deceased relative. Florida sent no tax form.

No taxes were withheld from the payment.
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1 Reply
DianeW777
Expert Alumni

Where do I report an unclaimed property payment? Came from State of Florida as beneficiary of annuity that belonged to deceased relative. Florida sent no tax form.

It depends, it's possible the unclaimed property may not be taxable.

 

For example, if the funds happen to be from a life insurance policy the original relative purchased then it's possible it is not taxable.  If part of the payment included interest, that portion only would be taxable.

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