Unclaimed Property Reporting Booklet - Washington State Digital ...

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When to FileReports and remittance are due from ALLholders before November 1 of each year.The report must include all property that has goneunclaimed for the required dormancy period,as of the preceding June 30 (see page 25). The onlyexception is safe deposit box contents. You mustfirst send the report showing a complete inventoryof the property and list any unpaid charges. You willbe notified in writing when to deliverthe contents.Due DiligenceFor items over $75, written notices must be sentto owners between May 1 and August 1.The letters, often called “due diligence letters,”only need to be sent to owners who have validaddresses. The letter is intended to inform ownersthat there is property being held for them whichmay be turned over to the Washington StateDepartment of Revenue’s Unclaimed PropertySection due to inactivity. A sample due diligenceletter is included on page 29.If you are unable to submit your report by theNovember 1 due date, you may request anextension. Your request must be in writing andyou must state the reason the extension is needed.Interest may be charged on all property notreported or delivered timely as required by law.This interest may be charged even if the propertyis interest bearing for the lost owner. Interest iscalculated from the due date to the datepayment is received by the UnclaimedProperty office.Organizations with nothing to report thathave filed in the past should file a negative(zero) report.2 Unclaimed Property Reporting Booklet
General Reporting InstructionsGeneral Reporting InstructionsAggregate Amount $50Report and Remittance due date November 1Electronic ReportsMailing AddressStreet AddressMake checks payable to:Stock and bond registrationDue DiligenceNegative reportsVoluntary DisclosureNAUPA format on diskette, CDor via the internetState of Washington Department of RevenueUnclaimed Property SectionPO Box 34053Seattle, WA 98124-1053State of WashingtonDepartment of RevenueUnclaimed Property Section2500 E Valley Rd Suite CRenton WA 98055Courier deliveries onlyask for AM deliveryState of Washington Unclaimed Property(include FEIN or Holder Number on check)State of WashingtonFEIN: 91-6001118 or by DTC to #0201for credit to account #59027603Letter sent for property with a value over$75 and sent between May 1 and August 1Required for all holders who have filedreports in the pastParticipants must apply in writingUnclaimed Property Reporting Booklet 3
Page 7: General OverviewWhat is UnclaimedPr
Page 11 and 12: Electronic ReportingHolders may sen
Page 13: Business Name:Attn or in care of:Ma
Page 17 and 18: Instructions for CompletingThe Deta
Page 19: Washington StateDepartment of Reven
Page 25 and 26: Instructions for CompletingSafe Dep
Page 27: (B) Holder Number (D) Period Covere
Page 30 and 31: Washington StateDepartment of Reven
Page 32 and 33: REPORT YEAR CONVERSION TABLEMOST PR
Page 34 and 35: PROPERTY CATEGORY CODE TABLEAccount
Page 36 and 37: RCW Sections63. 29. 010 Definitions
Page 38 and 39: the state of the last known address
Page 40 and 41: (4) For purposes of this chapter, t
Page 42 and 43: RCW 63. 29. 140Gift certificates an
Page 44 and 45: RCW 63. 29. 200Custody by state —
Page 46 and 47: (e) The property is the sum payable
Page 48 and 49: RCW 63. 29. 350Penalty for excessiv
Page 52: Washington State Department of Reve

Unclaimed Property Reporting Booklet - Washington State Digital ...

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