Guidelines for Reporting Unclaimed Property

Begin your review process now to determine if you are holding reportable property.

Need a refresher? See below for FAQs & links to SC's Unclaimed Property Division.

Step 3: September - October 2025 - Prepare your report & enter data online.

Report Online

• Report Due November 1st.

• All amounts must be remitted to the state.

• The following information is needed (if available): Owners full name, last known address, check numbers with amounts and dates, date of last activity or contact with owner, social security number (SSN) or federal tax identification number (FEIN).



• Property valued at less than $50 may be reported in aggregate. For these, owner details are not reported; however, you should keep a detailed listing for your records.

Frequently Asked Questions & Answers

What is Unclaimed Property?

Unclaimed property consists of tangible and intangible property that has been abandoned

for one to five years and includes refunds, wages, bank accounts, utility deposits, insurance policy proceeds, and more.

It is important for business owners to educate themselves about this yearly filing requirement. For detailed information on reporting Unclaimed Property please visit https://treasurer.sc.gov/what-we-do/for-businesses/unclaimed-property-reporting/.

Examples of property you'll need to report.

Checks you've issued but were never cashed by the recipient; for example: payroll or patient refunds. Also, patient account balances never used nor returned to the patient.

How far back should I look to find this unclaimed property?

That depends on the property type. See Step 1 below for the dormancy periods of your 3 most common property types. For additional property types, please see "Resources" link for more information.

What if I have nothing to report!?

You are required to file a zero on what is called a "Negative Report."

What if I don't file?

You may receive a Failure To File Notice by the SC State Treasurers Office and/or be required to complete a self-audit extending back 10 years.

What if I have never filed?

Per the SC State Treasurer's Office, "Our goal at the State Treasurer’s Office is to educate the business community and support them as they come into compliance with the law. If you suspect your organization may be holding past due unclaimed property, we offer a Voluntary Disclosure Program which allows a business to “catch up” its reporting without incurring any interest or penalties. Requests for entry into the Voluntary Disclosure Program can be made by emailing the office at unclaimed@sto.sc.gov."