Can a business request reimbursement from the state of Idaho for property already reported?
Yes. If the owner receives payment directly from your business, the state of Idahos Unclaimed Property Office will reimburse you. You must send a written request for reimbursement on your companys letterhead, a copy of your photo identification along with proof that the owner has received the property, such as a photocopy of the canceled check from your bank statement. We encourage you to use the reimbursement process for your customers and we’ll make every effort to respond to your request for reimbursement as quickly as possible. Contact us if you need more information.
Related Questions
- If a business decides to voluntarily report property with a value of $50 or less to Idaho, can these items be reported in aggregate (one sum total)?
- What is the value of personal property that must be reported on a State Property Disposal Authorization Request form when it becomes surplus?
- Can a business request reimbursement from the state of Idaho for property already reported?
