Get Form 497 Up 2

This guide provides clear and detailed instructions on how to accurately complete the Form 497 Up 2 for reporting unclaimed property. Following these steps will help ensure that your report is filed correctly and efficiently.

Follow the steps to complete the Form 497 Up 2 online successfully.

1. Press the 'Get Form' button to obtain the form and open it in your preferred online editor.
2. Enter the holder's current name and address in the designated field.
3. Provide your Federal Employer Identification number in the holder number section.
4. Input the current report year in the report year section.
5. For column 1, enter the identifying number of each item, such as check numbers or account numbers.
6. In column 2, select the category of unclaimed property for each item using the property type codes from Form 496-UP-2.
7. In column 3, detail the total amount or value due to the owner, which includes all interest earned as of the report year’s cut-off date.
8. Column 4 is for any increases in value since the last report; enter the amount of any interest or dividends added.
9. Use column 5(a) to indicate the status of payment, such as ‘R’ for returned to the owner or ‘E’ for erroneously reported in column 5(b).
10. In column 6, calculate the amount that must be remitted to the Oklahoma State Treasurer by summing the values in columns 3 and 4, then deducting the amount in column 5(b).
11. Column 7 requires the date of the last transaction or any relevant date related to the item’s payment status.
12. For column 8, provide the full name and last known address of each owner, ensuring to include all identifying details.
13. Make sure to enter the owner’s Social Security or Federal Employer Identification number in column 9, as it is essential for claim processing.
14. Total each column at the bottom of each page and ensure you include the grand total on the last page.
15. After completing the form, save any changes and download or print to submit the remittance copy with your payment before the deadline.

We encourage you to complete your Form 497 Up 2 online today for a smooth filing experience.