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Get Ma Ap-1 Ins 2014-2025
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How to fill out the MA AP-1 INS online
The MA AP-1 INS form is essential for reporting unclaimed property to the Commonwealth of Massachusetts. This guide will provide clear instructions on completing the form accurately and efficiently online.
Follow the steps to complete the MA AP-1 INS form online.
- Click the ‘Get Form’ button to access the form and open it in your preferred editor.
- Complete the 'Holder information' section by entering your unclaimed property holder number, federal employer tax identification number, holder name, contact person, and telephone number.
- Fill in the address where you can be contacted. If you are representing a successor entity or if your company name has changed, list the previous holders' names and addresses on a separate sheet.
- Indicate whether you filed a report of unclaimed property last year by checking 'Yes' or 'No'.
- In the 'Primary business activity' section, describe your main business operations, provide the parent company name, state of incorporation, and date of incorporation.
- For verification purposes, check the appropriate box to indicate the type of report being submitted (e.g., CD, Diskette, FTP) and input verification for the reporting period.
- Complete the 'Report totals' section by filling in the aggregate amount and the owner total. Specify the total number of shares reported and number of owners reported.
- Indicate if the remittance will be sent through Electronic Funds Transfer by checking the corresponding box.
- In the 'Verification' section, provide the name of the person completing the form, ensuring they are authorized to do so, and prepare for notarization as required.
- Complete the account balances and property checklist sections as they apply to your organization, clearly indicating any applicable types of unclaimed property.
- Once all sections are filled out, review your form for accuracy and completeness. Save the changes, download a copy, and print or share the completed form as necessary.
Complete your MA AP-1 INS form online today and ensure your unclaimed property is reported accurately.
In Massachusetts, the dormancy period varies by the type of property, usually ranging from three to five years. This period is significant, as it determines when the state can assume control over unclaimed assets. Property owners must be proactive in monitoring their assets to avoid reaching this point. The MA AP-1 INS form can help you navigate the specifics of each category.
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