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T
teddyangelo
April 1, 2024
Question

Unclaimed Property

  • April 1, 2024
  • 1 reply
  • 0 views

Are unclaimed property funds from dividends taxable? The total was $51.15

1 reply

M
MinhT1
April 1, 2024

Yes.

 

Payments from unclaimed property are treated for tax purposes as if received from the original payer. So the amount of $51.15 must be reported as dividends and is taxable.

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