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WHERE DO I report unclaimed property income on federal and state return?
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The easiest place to list it is as Other Reportable Income, especially since you have no idea whether taxes were withheld or how that income was reported by the company or person who paid you.
- Click on your Federal Taxes tab and then the Wages & Income tab in that section.
- Scroll all the way down to the section called Less Common Income.
- Choose Miscellaneous Income at the bottom of the list, and then
- Choose Other Reportable Income at the bottom of that section.
- You'll be prompted to enter a description and an amount. You can name it "unclaimed property"
- TurboTax will calculate any applicable taxes for you.
- Click Continue when you are finished.
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