The Wisconsin Department of Revenue (DOR) is sending $3.9 million to unclaimed property owners in March, and for many, the delivery of a check will come as a surprise.
The 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.
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.
The agency will send letters to those owed property valued at greater than $2,000 explaining how to claim the property. This year’s matching program identified 34,078 unclaimed property owners and will be sending $3.9 million in refund checks to over 33,000 of them. Learn more.