Montana Department of Revenue

Contents of Unclaimed Safe Deposit Boxes Up For Auction

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Contents of Unclaimed Safe Deposit Boxes Up For Auction

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HELENA — Rare coins, antique watches, and other relics of Montana’s past are now up for auction, as the Montana Department of Revenue disposes of the unclaimed contents of safe deposit boxes.

By law, the Department of Revenue holds certain property, such as old paychecks, rebates, bank balances – and items left in safe deposit boxes – that is unclaimed by its owners.

Items from about 90 Montana safe deposit boxes are slated for auction online through Lone Star Auctioneers.

Items include:

  • Rare gold and silver coins,
  • Stamp collections,
  • Knives,
  • Jewelry, and
  • A 10-ounce bar of silver.

When the rent is unpaid or the lease is expired for five years, the unclaimed contents of safe deposit boxes are turned over to the Department of Revenue, which holds the items for three more years before going to auction.

New items will be posted every other Thursday until they are sold.

The original owners of the unclaimed items retain the right to the proceeds, minus the costs of the sales and any bank fees.

Since 1963, the Department of Revenue has returned more than $48 million in assets to thousands of individuals.

To see if you are an owner of unclaimed property held by the Department of Revenue, visit the TransAction Portal.

Public Notice – 2019 Universal System Benefits Reports

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The Montana Department of Revenue has received 2019 Universal System Benefits Reports from the companies listed below.

You may review all USB Reports at our Central Office:

125 N. Roberts, 3rd Floor
Helena, MT, 59601

Please send all challenges to:

Jason Lay
Montana Department of Revenue
PO Box 5805
Helena, MT 59604-5805

Claims due May 31, 2020.

April 1, 2020
2019 Legal Notice updated April 1, 2020 (PDF, 5 KB)

Reporting Companies

April 1, 2020

Notice is hereby given that the Department has received 2019 USB Annual Reports from the following companies:

  • American Chemet Corporation
  • Aspen Air
  • Ash Grove Cement
  • Barrick Gold (Golden Sunlight Mine)
  • Benefis Health System
  • Billings Clinic
  • Barretts Minerals, Inc.
  • Calumet (Montana Refining)
  • CHS (Cenex Harvest States Cooperatives)
  • Grain Craft (Cereal Food Processors)
  • City of Billings
  • City of Great Falls
  • City of Troy
  • Rocky Mountain Power
  • Community Medical Center
  • GCC Trident Cement Plant (CRH)
  • Denbury Onshore
  • Express Pipeline
  • ExxonMobil Refining & Supply
  • F.H. Stoltze Land & Lumber Co.
  • U.S. Dept of Foreign Affairs (Fort Harrison VA Center)
  • General Mills Operations
  • Graymont Western US
  • Imerys Talc
  • Invenergy Operations Center (Judith Gap)
  • U.S. Dept of the Air Force (Malmstrom)
  • Malteurop North America
  • Montana Dakota Utilities
  • Metra Park
  • Montana Dept of Corrections
  • Montana Resources
  • Montana State University Billings
  • Montana State University
  • National Institutes of Health
  • Pasta Montana
  • Phillips 66 Billings Refinery
  • Phillips 66 Pipeline
  • Weyerhaeuser NR Company
  • REC Silicon
  • Roseburg Forest Products
  • RY Timber
  • Signal Peak Energy
  • Navajo Transitional Energy Company (Spring Creek)
  • Stillwater Mining (NWE)
  • Stillwater Mining (PE)
  • Saint James Healthcare
  • Saint Patrick Healthcare
  • Saint Vincent Healthcare
  • Sun Mountain Lumber
  • Talen Energy
  • Thompson River Lumber Company
  • United Materials
  • United Properties
  • University of Montana
  • Westmoreland Rosebud Mining LLC (Western Energy Company)
  • Western Sugar Cooperative
  • Westmoreland Absaloka Mining LLC (Resources)
  • Kalispell Regional Medical Center
  • Yellowstone Mountain Club
  • Montana Electrical Cooperatives’ Association
  • NorthWestern Energy
  • Sidney Sugars, Inc.
  • Montana Precision Products
  • Decker Coal Company
  • Pyramid Mountain Lumber Inc
  • Idaho Forest Group
  • Colstrip Energy LTD Partnership (CELP)
  • Vista Outdoor – Blackhawk
  • Hyperblock LLC
  • Semitool, Inc.
  • Columbia Mountain Holdings, LLC
  • Boeing of Helena
  • Cryptowatt Mining LLC

My Revenue Wins National Award

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At the Montana Department of Revenue, we work hard to make things easy for Montanans. And we’re getting national notice—Montana’s My Revenue app has earned nationwide recognition with the 2019 Government Experience Award from the Center for Digital Government (CDG).

My Revenue has made streamlined and simplified scores of department interactions for the public. Over 140,000 people used its simple, intuitive interface last year, making more than $500,000 in payments through the app and saving Montana taxpayers thousands of dollars in the costs of printing and processing paper forms.

Just 10 websites in state government across the nation got the honor.

Congrats to our Department of revenue team, Carol Schopfer, Bill Jarocki, Matt Brotherton, and former staffers Wendy Brown, Patrick Miller, and Tarek Haffar.

New for Tax Year 2019: Montana Pass-Through Entity Tax Return (Form PTE)

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Beginning with Tax Year 2019, Partnerships and S corporations will file their Montana tax return on the new Montana Pass-Through Entity Tax Return (Form PTE).

Disregarded entities owned by partnerships and S corporations, including subchapter S subsidiaries, will be included on Form PTE.

The Montana S Corporation Information and Composite Tax Return (Form CLT-4S) and the Montana Partnership Information and Composite Tax Return (Form PR-1) have been discontinued.

For all tax years beginning before December 31, 2018, please continue to use the current forms:

Partnerships
Partnership Information and Composite Tax Return (Form PR-1)
S Corporations
S Corporation Information and Composite Tax Return (Form CLT-4S)
Disregarded Enities
Disregarded Entity Information Return (Form DER-1)

Filing Changes for Disregarded Entities

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Starting with Tax Year 2019, we will not accept the Montana Disregarded Entity Information Return (Form DER-1) or payments for the following entities:

  • Single-Member LLCs (SMLLC) owned by partnerships or S corporations
  • SMLLCs owned by C corporations, and
  • Qualified subchapter S corporation subsidiaries.

The new filing requirements for these entities are explained below.

New Filing and Payment Requirements

Disregarded Entities Owned by Partnerships or S corporations

Single-member LLCs (SMLLCs) owned by Partnerships or S corporations must report their Montana source income on their owner’s Montana Pass-Through Entity Tax Return (Form PTE), Schedule VII and Schedule DE. They will no longer file the Montana Disregarded Entity Information Return (Form DER-1).

For the purpose of determining the owner of a SMLLC, disregarded entities owned through a series of SMLLCs are considered directly owned by the first owner that is not a disregarded entity.

Qualified subchapter S corporation subsidiaries must be included on their owner’s Form PTE, Schedule VII and Schedule DE. They will no longer file Form DER-1.

Disregarded Entities Owned by C corporations

Disregarded entities owned by C corporations must be reported on their owner’s Form CIT, Schedule M.

They will no longer file Form DER-1.

Disregarded Entities Owned by Nonresident Individuals, Estates or Trusts

Disregarded entities owned by nonresident individuals, estates or trusts are still required to file Form DER-1. Disregarded entities with existing accounts on the department’s TransAction Portal (TAP) can file the form electronically.

Disregarded entities without TAP accounts can contact us at (406) 444-6900 for help with registering an account.

Inactive Businesses: File Form INA-CT on TAP

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Businesses that are not actively conducting business in Montana and would like to maintain good-standing with the Montana Secretary of State must file Form INA-CT for every year in which they have no activity in Montana.

Form INA-CT is valid only for one tax year. It must be filed each year unless an income tax return is required. Review the form’s instructions for more information about eligibility.

Form INA-CT is now available to file on our TransAction Portal (TAP). After June 14, the paper form will no longer be available for download.

Users can file Form INA-CT with or without an account. Authorized representatives will need the FEIN and the Secretary of State ID number of the business (or Social Security Number if the business is a sole proprietorship) to complete the form.

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