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snoslo
New Member

Where do I enter this unclaimed property amount on my return?

 
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DavidS127
Expert Alumni

Where do I enter this unclaimed property amount on my return?

It depends on what was reclaimed and how it was reported to you.  Some unclaimed funds will not be taxed, for example, tax-free investments such as municipal bonds, a 401(K), or an IRA.

 

When interest is paid on the amount of your unclaimed property, it will be reported on Form 1099-INT.  In that situation, the 1099-INT is entered as interest income on your tax return.

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