Are NJ Unclaimed Property 1099B taxable?

[sacosta11]

If so how to report it on my taxes?

[maglib]

@sacosta11  all 1099's are reportable income.  What was your unclaimed funds related to?  If a sale of stock, then next question is the year it was related to, did you include the income in your tax return?   

You need to understand what year the 1099B was for, why you received it, what was sold, and report it as a sale with proper cost basis. 

[fanfare]

IRS says:

For non-covered securities ( BOX B or E) showing zero or wrong basis, enter the correct basis yourself.
Use code "B" and put -0- in col (g).