Excess Lines: Premium Tax Statement

 

Due: Annually on March 15th(If March 15th falls on a Saturday, Sunday, or legal holiday, the due date is moved to the next business day.)

 

Note: As of January 1, 2020, excess line brokers may file "ZERO" premium tax statements online if they meet ALL of the following criteria:

  • No surplus lines business was written in New York for year 2019;
  • No transactions were reported to Excess Line Association of New York (ELANY) for any endorsements/cancellations; and
  • No premium taxes or credits are due for 2019 and prior years.

Important: The above filing option is for ZERO filers only. NON ZERO Filers may only start filing premium tax statements at the end of February 2020, after ELANY's members' report of 2019 is uploaded to the DFS Portal.

Portal Applications and Accounts

This statement can be filed on the DFS Portal. To access the application, you must have a DFS Portal account.

Select the DFS Portal button below to log into, or create, your portal account (you may need to disable any "pop-up" prevention software you have running before using this application.)

File a premium tax statement for only one broker account

  • After signing in select "Ask for Apps,"
  • Select on "Excess Line - Premium Tax Submission",
  • Enter the Site ID in the field (8 capitalized letters followed by the license number) and hit Submit. You will be sent back to the home page,
  • (If you don’t have a Site ID, request one via email to [email protected])
  • Select "Excess Line – Premium Tax Submission",
  • Select "View/Edit Draft Statement" next to 2019,
  • Start your online tax filing.

Note: Broker Site ID only needs to be entered entered once for one portal account.

File premium tax statement for more than one statement

Option A (allows you to access the premium tax statement filing by entering one site ID at a time):

  1. After you complete one premium tax statement, do not sign out.
  2. Select the tab "Ask for Apps",
  3. Select "Excess Line – Premium Tax Submission"
  4. Enter the Site ID in the box and hit "Submit". You will be sent back to the home page,
  5. Select "Excess Line – Premium Tax Submission",
  6. Select the license number you requested access for (There will be another license number in the box since you requested access for more than one site ID),)
  7. Select "View/Edit Draft Statement" next to 2019,
  8. Start your online tax filing.
  9. File additional premium tax statements by repeating the steps "2" through "8".

Option B (allows you to enter multiple site IDs before completing premium tax statements):

  1. After you sign in, select the tab "Ask for Apps",
  2. Select "for Excess Line – Premium Tax Submission",
  3. Enter the Site ID in the box and hit "Submit." You will be prompted back to the home page,
  4. Enter additional site IDs, just repeat steps 1 through 3 above,
  5. After you enter all the site IDs, select "Excess Line – Premium Tax Submission",li>
  6. Select the license number of your choice (All license numbers you have requested access for will appear in the box),
  7. Select "View/Edit Draft Statement" next to 2019,
  8. Start your online tax filing.
  9. Continue to file additional premium tax statements by selecting the tab “My Apps”, then selecting "Excess Line - Premium Tax Submission" and selecting another license number.

Questions?

If you have questions regarding the above, send an email to [email protected].