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November 23, 2024
Question

Escheatment

  • November 23, 2024
  • 2 replies
  • 0 views

I had a few thousand dollars in a quickbooks account, and they gave it to the state without me knowing.  How do I get it back?

2 replies

JenoP
November 23, 2024

Recovering funds that have been processed through Escheatment varies depending on a specific state regulation, kybillin. 

 

To ensure we provide the most accurate guidance, we need some additional information from you. Specifically, can you share more details about the funds that were surrendered to the state? Can you also tell us who initiated the escheatment?

 

Feel free to save or bookmark this article to streamline your financial tracking once you recover these funds from the state agency: Record and make bank deposits in QuickBooks Online.

 

We're on standby to help you through this process. We appreciate your patience and look forward to helping you resolve this matter efficiently.

Rainflurry
November 23, 2024

@kybillin 

 

When escheated funds are turned over to the state, you generally need to go to your state's website and file a claim to get the funds back.  At this point, there's nothing QB can do.