Unclaimed
Property

File electronically

• Holder Reporting Packet
• Notify Your Customers/Due Diligence Letters
• Filing Deadlines and Extensions
• Payments
• Dormancy or Abandonment Periods
• Reporting Options
• Records Retention
• Mailing Address
• Need Help?

Idaho’s Unclaimed Property Law requires that all businesses send written notification to owners who have unclaimed property with a value greater than $50. These notices, often called "Due Diligence Letters," must be sent not more than 120 days before filing the unclaimed property report. If the business has evidence that the last known address for the owner is not valid, and can find no forwarding address, the property would be considered unclaimed and should be reported to the state.

All businesses are required to report by Nov. 1 of each year for the previous period beginning July 1 and ending June 30. 

View more reporting and extension information.

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You must make payments at the same time the report is filed. Payments can be made in two ways -- either by mail or electronically through this Web site. If your report payment is $100,000 or more, you must make your payment electronically. Make an electronic payment. If mailing a check, make your check payable to the Idaho State Tax Commission – Unclaimed Property. Mailing address.

Stock shares must be registered in the name "Idaho State Tax Commission – Unclaimed Property."  For your reference, our federal Employer Identification Number is 82-0418478.  All fractional shares must be sold and sent in as cash for each reported owner.

Stocks Only
Instructions to transfer stock:

DTC	PAPER CERTIFICATE
First Clearing, LLC Idaho Unclaimed Property DTC 0141 A/C 4954-0884 10700 Wheat First Drive Glen Allen, VA  23060	Idaho State Tax Commission Idaho Unclaimed Property 800 E. Park Blvd BASEMENT Boise, Idaho 83712-7742

Mutual Funds Only

Instructions to transfer Mutual funds:

First Clearing, LLC
Idaho Unclaimed Property
A/C 7853-6542
10700 Wheat First Drive
Glen Allen, VA 23060

All deliveries must include the client name and the First Clearing, LLC account number.  All DTC eligible securities should be sent in this format.

A dormancy period, also referred to as the abandonment period, is the period of time during which an owner of property does not take action on his property. The dormancy period is determined by the type of property and may vary from one to 15 years.

View a condensed listing of Idaho’s dormancy periods.

We recommend that you file your reports electronically, especially if you have more than 10 properties to report.

Electronic Report

If you send us an electronic report, the file must be formatted according to NAUPA specifications. We'll reject reports submitted in any other format.  If you don't have software to create unclaimed property report files in the NAUPA standard format, we suggest you download Wagers HRS Pro, a free, easy-to-use holder reporting software package  Once you've created your electronic report file, you can send it to us using any one of the methods listed below.

If you don't have an Unclaimed Property (UCP) account number, please contact our office at least one week before the reporting deadline.

Internet:

Transmit your electronic report through our secure Web site.

1. Get free software at www.wagers.net/hrs/

2. Create a file

3. Upload the file electronically through our online application (tax.idaho.gov, click on "Electronic Filing," then "File Unclaimed Property Reports Online for Free")

4. If you need help, contact us at holdersreport@tax.idaho.gov

 CD:

Mail the CD containing your non-encrypted electronic report, along with the Form UP-1 we sent you, to the address listed under "Mailing Address" below.

Paper

If you didn't receive a personalized Form UP-1 from the Tax Commission, you can request one by e-mail or by calling
(208) 334-7623 in Boise or (800) 972-7600, ext. 7623 toll free.  If you have more than 10 properties to report, please file an electronic report.

1. Follow the "Instructions for completing Forms UP-1 and
   UP-2"
2. Retrieve the "Detail Report of Unclaimed Property" (UP-2)
3. Complete "Detail Report of Unclaimed Property" (UP-2)
4. Complete "Idaho Report of Unclaimed Property" (UP-1)
5. Mail completed report to the address listed under
   "Mailing Address" below

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Records Retention

Holders are required by law to retain records of unclaimed property for seven years after abandonment. These seven years are in addition to the dormancy period, which is determined by the type of property and may vary from one to 15 years.

An exception is made for money orders, traveler’s checks, and similar checks, which have a three-year records retention requirement after abandonment.

Mail reports, checks, and safe deposit box contents to:

Idaho State Tax Commission
Unclaimed Property Program
800 Park Blvd. Plaza IV
PO Box 70012
Boise, ID 83707-0112

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If you have any questions about preparing your unclaimed property report, please contact us. You may contact us by any of the following methods:

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Adobe Acrobat Reader is needed to view and print any PDF files contained on this Web site. If you do not have Acrobat Reader version 5, 6, or 7, you can download version 7 here for free.

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