There is a refundable tax credit of 7% of the property insurance premiums for individuals who paid an insurance premium for either a homeowner's, condominium owner's, or tenant homeowner's policy for their primary residence (less the amount of the LA Citizens Property Insurance Assessment - which is already refundable). Proof of the insurance cost should be submitted with your return filing.
Unclaimed Property Reporting
Louisiana Law (La. R.S.9:151-181) requires entities that do business in Louisiana to annually report and transfer all unclaimed property to the Louisiana Department of the Treasury. These statutes also provide for interest, penalties and other sanctions for failure to comply fully with the annual requirements.
Your unclaimed property report (UP-1) is due before November 1st of each year. You may go to our links page to download the form. If you need any assistance with this report, please contact our office.
