FTPhil
Level 3
03-18-2025
11:35 AM
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Best Answer Click here
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sjrcpa
Level 15
03-18-2025
03:07 PM
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Technically, yes.
Practically - who got the money? Tell them to report the sale on their return. If IRS ever inquires, tell them that was done.
The more I know the more I don’t know.
rbynaker
Level 14
03-18-2025
03:10 PM
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@sjrcpa wrote:
Technically, yes.
Practically - who got the money? Tell them to report the sale on their return. If IRS ever inquires, tell them that was done.
After 7 years, my guess is the state unclaimed property office got the money. 🙂
