Thanks everybody for your responses. I think I'm still getting conflicting responses, I guess I didn't explain myself well. All the cables I ran in the wall are hdmi. I'm going to be more specific this time about what I was envisioning:
1. My TV is a 75" Samsung series 6 LED with full HD, but no 4K. I can't see any mention of ARC in the manual, so I guess it doesn't support it.
2. It does have an optical audio output
3. My thought (hope) is that I could connect it with a toslink cable to something like this:
Monoprice 105369 DVI & S/PDIF Digital Coax Optical TOSLINK Audio to HDMI Converter
https://www.amazon.com/dp/B0038XNTWW/ref=cm_sw_r_cp_api_vgKQybBX2X4Z3
4. Run one of the in-wall hdmis to the closet and connect it to something like this:
J-Tech Digital Premium Quality 1080P HDMI To HDMI + Audio (SPDIF + RCA Stereo) Audio Extractor Converter (Support Apple TV 4 Gen)
https://www.amazon.com/dp/B00BIQER0E/ref=cm_sw_r_cp_api_0eKQybBVJJZYT
5. And use another toslink to connect to my receiver (Onkyo TX-505E) digital in.
After reading the responses, at this point I'm guessing it's not going to be possible because of the lack of ARC on either end... and I'm going to have to go with plan B: get a $130 roku ultra (with hdmi
and toslink) and use the tv streaming ability for when I don't need/want 7.2 sound. If somebody can confirm this I'll appreciate it.
Final question: what do you recommend for remote? Hopefully not in the $100s of dollars.