Insurance Tax Returns & Installment Reporting
The tax form for 2013 installment is now available. All insurers whose tax liability for the preceding calendar year was $1,000 or more must file an Installment Reporting Statement. The installment shall be an amount equal to at least 50 percent of the total tax liability for the preceding calendar year. The tax payment is due in one installment on or before June 1 of the calendar year in which the taxed income is received. A penalty of 8 percent per month will be assessed until full payment is received. The District of Columbia encourages the submission of premium tax installment returns and payments through the NAIC OPTins service. If you have any questions, please contact Jessie Li at (202) 442-8568 or email@example.com.
Instructions: Select the appropriate tax form, type in the information directly on it. Make sure to complete all the required fields. Print out a copy for your records. Check the box certifying the return and submit through OPTins or mail it to the address indicated at the bottom of the form. (Please note: if you owe money, you must send your form and payment by OPTins or mail your payment along with a copy of the return to the Lockbox address listed on the form.)
To file prior years’ amended insurance tax returns, select the appropriate form below and follow the instructions above.
Prior Year Tax Returns