Unclaimed Property Reporting

GA Businesses are Required to File a Yearly Report

Unclaimed property consists of tangible and intangible property that has been abandoned

for one to five years such as: refunds, wages, bank accounts, utility deposits,

insurance policy proceeds, and more.

For detailed information on reporting Unclaimed Property please visit the Georgia Department of Revenue’s Holder Reporting page at https://dor.georgia.gov/unclaimed-property-program/holder-reporting.

Frequently Asked Questions

What types of property should I look for?

Checks you've issued but were never cashed by the recipient; for example: payroll, patient refunds and patient account balances never used nor returned to the patient.

How far back should I look to find this unclaimed property?

There is a specified period of time (based on property type) for property to remain unclaimed before it should be reported to the state. Ranges for the 3 types of property that most apply to you are listed in Step 1. For additional property types, please see "Holder Reporting" link below for more information.

What if I have nothing to report!?

You are required to file a zero on what is called a "Negative Report."

What if I don't file?

Severe penalties may apply if a company willfully fails to report.

What if I have been in business over a year and have never filed?

Unclaimed property holders concerned with addressing compliance issues should email, ucp.reporting@dor.ga.gov.

The Reporting Process

Step 1: Review records to identify unclaimed property.

  • Uncashed Payroll Checks you issued between 07/01/21 – 06/30/22.
  • Uncashed Refund Checks you issued between 07/01/17 – 06/30/18.
  • Unclaimed Patient Account Balances as of 07/01/17 - 06/30/18.

Step 2: Send written notice to property owner.

Sample Letter

  • Not required for amounts under $50.
  • Send between 07/01/23 and 9/1/23.

Step 3: File your report and remit payment.

Reporting 25 or more properties? File online here.

Reporting less than 25 properties? File online or complete forms UP-1C & UP-2C.

  • Report Due November 1st.

  • All amounts must be remitted to the state.

  • The following information is needed (if available to holder): Owners full name, last known address, social security number (SSN) or federal tax identification number (FEIN), check numbers with amounts and dates, date of last activity or contact with owner.

  • Property valued at less than $50 may be reported in aggregate. For these, owner details are not reported; however, you should keep a detailed listing for your records.

Need assistance filing your report?

Complete and return the Questionnaire (linked below) by October 1, 2023.


Links to Additional Resources

Holder Reporting

GA Dept Of Revenue Holder Reporting Website

Report Checklist & Additional Information

Additional FAQs