Form 4869 Michigan Unclaimed Property Voluntary Disclosure Agreement - Michigan

What Is Form 4869?

This is a legal form that was released by the Michigan Department of Treasury - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form 4869 Michigan Unclaimed Property Voluntary Disclosure Agreement?
A: Form 4869 is a voluntary disclosure agreement for unclaimed property in Michigan.

Q: Who should use Form 4869?
A: Businesses or individuals that have unclaimed property in Michigan and want to voluntarily disclose it should use Form 4869.

Q: What is unclaimed property?
A: Unclaimed property refers to assets or funds that have been abandoned or left inactive by their owner for a certain period of time.

Q: Why would someone want to disclose unclaimed property voluntarily?
A: Voluntarily disclosing unclaimed property can help businesses or individuals avoid penalties or legal consequences for non-compliance with the law.

Q: How do I complete Form 4869?
A: To complete Form 4869, you will need to provide information about the unclaimed property, including its value, owner information, and a description of the property.

Q: Is there a deadline for submitting Form 4869?
A: Yes, Form 4869 should be submitted by November 1st of the year in which the voluntary disclosure is being made.

Q: Are there any penalties for failing to disclose unclaimed property?
A: Yes, failure to disclose unclaimed property may result in penalties, interest, or legal actions.

Q: Can I use Form 4869 for unclaimed property in other states?
A: No, Form 4869 is specific to the voluntary disclosure of unclaimed property in Michigan.