3-21-23 unclaimed property checks

The Wisconsin Department of Revenue  is sending $3.9 million to more than 30,000 unclaimed property owners in  March, and for many, the delivery of a check will come as a surprise.  DOR annually matches tax records against the state’s unclaimed property roll.   If DOR can definitively match tax records to an owner on the unclaimed property roll, the agency sends out checks automatically for those owed property valued at $2,000 or less and will send letters to those owed property valued at greater than $2,000 explaining how to claim the property.  Unclaimed property includes funds from savings or checking accounts, uncashed dividends, insurance policies, or other accounts that the owner may be unaware of or forgotten.

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