O.C.G.A. § 44-12-190 et seq. · Georgia Dept. of Revenue — Unclaimed Property Program
Georgia 5-Year AP/AR Dormancy, November 1 Filing & DOR GTC Reporting
Georgia aligns unclaimed property administration directly inside the Georgia Department of Revenue's GTC tax portal with a 5-year general corporate dormancy period.
Deadline: November 1
Cutoff: June 30
No Statutory B2B Exemption
Zero Report: Requested
Georgia Statutory Dormancy & Compliance Schedule
| NAUPA Property Stream | Statutory Dormancy | Compliance Rule |
|---|---|---|
| Uncashed AP Vendor Checks (CK13) | 5 yrs | Georgia has no B2B exemption; commercial AP checks and AR credits carry a 5-year dormancy period. |
| Payroll, Wages & Commissions (MS01) | 1 yr | Never B2B exempt; applies to employee final & bonus checks. |
| AR Credit Balances & Overpayments (MS09) | 5 yrs | Write-offs to income do not extinguish reporting obligation. |
| Customer Refunds (MS05) | 5 yrs | Due diligence window: 60–120 days prior to November 1. |
| Gift Cards & Stored Value (GC / MS12) | 5 yrs (if fees/exp) | Unaddressed cards route to corporate domicile under 2nd Priority. |
| Securities & Dividends (SC01 / SC08) | 3 yrs | First-class mail for items >= $50 |
| Virtual Currency / Digital Assets (VC) | 5 yrs | Verify liquidation vs. native custodial transfer mandate. |
Key Georgia Compliance Traps & Enforcement Risks
1-Year Payroll vs. 5-Year AP Divergence
While Georgia AP checks wait 5 years to reach dormancy, uncashed employee wages escheat after just 1 year.
GTC Portal Cross-Verification
Because Georgia filings occur in the same portal as corporate income and sales tax, non-filer flags are easily spotted.
Georgia DOR Voluntary Disclosure Agreement
Proactive VDA with Georgia DOR waives interest and penalties for historical lookback remediation.
Statutory Interest & Penalties: 12% interest + civil penalties. Negative Report Policy: Requested for active registered holders and prior filers via the Georgia DOR GTC portal.
Statutory Questions & Answers
What is Georgia's dormancy period for AP checks?
5 years from the date of issuance, compared to 1 year for unclaimed payroll/wages.
When are Georgia reports due?
On or before November 1 for the July 1 – June 30 reporting period.