Delaware Daily Cash Report
Description
How to fill out Daily Cash Report?
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FAQ
"Do this. Go to unclaimed.org." Yes, that's a legit free site run by the nonprofit National Association of Unclaimed Property Administrators, which is an affiliate of the National Association of State Treasurers. The databases you'll be searching are located and maintained by each state.
MONEY MATCH: Thousands of Delaware taxpayers are being reunited with your missing money by the Delaware Office of Unclaimed Property's Money Match program. Through our Money Match program, we are returning your unclaimed property funds to you, without any action required on your part.
Millions of Americans are missing out on billions in forgotten cash. Currently, states, federal agencies and other organizations collectively hold more than $58 billion in unclaimed cash and benefits. That's roughly $186 for every U.S. resident.
Why Does Delaware Have So Much Unclaimed Money? Between 2016 and 2019, Delaware returned more than $300 million in unclaimed cash to its owners. One person usually collects around $100, but so many people are not aware they have any missing or forgotten cash that the unclaimed money piles up.
The Delaware Department of Finance and the Office of Unclaimed Property are warning citizens about websites that claim you must pay a fee to have your missing money returned to you. These websites tell consumers that they will receive their missing money after paying fees that can range anywhere from $12.00 to $29.99.
States have established processes whereby legal owners of assets can reclaim unclaimed funds. When claiming unclaimed funds that have risen in value, taxes may be assessed at the time. If you claim property, it will be treated as ordinary income and taxed accordingly unless the property is related to a tax refund.
The duration of the dormancy period varies depending on the type of property in question, but the vast majority of property types in Delaware have a five year dormancy period.
The duration of the dormancy period varies depending on the type of property in question, but the vast majority of property types in Delaware have a five year dormancy period.
