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Old 02-16-2015, 11:43 AM
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Unclaimed Funds

I received funds in 2014 from an escheated stock account that was owned by my deceased grandmother. The funds eventually ended up in my state's unclaimed property division. I provided all the necessary paperwork as the surviving heir, and the state approved my claim. Should the state have provided me a 1099-B form to report these funds on my 2014 taxes?



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Old 02-16-2015, 05:29 PM
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Originally Posted by creepingflox View Post
I received funds in 2014 from an escheated stock account that was owned by my deceased grandmother. The funds eventually ended up in my state's unclaimed property division. I provided all the necessary paperwork as the surviving heir, and the state approved my claim. Should the state have provided me a 1099-B form to report these funds on my 2014 taxes?
I guess in general, The State Controller’s Office, Unclaimed Property Division, does not issue IRS Forms 1099 for stock accounts paid in cash or for dividends earned on stock accounts

please contact your State Controller’s Office, Unclaimed Property Division for assistance



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