This document contains official instructions for Form RCT-124 , Underwriting Profits Tax - Domestic & Foreign Marine Insurance - a form released and collected by the Pennsylvania Department of Revenue. An up-to-date fillable Form RCT-124 is available for download through this link.
Q: What is Form RCT-124?
A: Form RCT-124 is a tax form for reporting underwriting profits on domestic and foreign marine insurance in Pennsylvania.
Q: What is Underwriting Profits Tax?
A: Underwriting Profits Tax is a tax imposed on the net underwriting profits of domestic and foreign marine insurance companies in Pennsylvania.
Q: Who needs to file Form RCT-124?
A: Domestic and foreign marine insurance companies operating in Pennsylvania need to file Form RCT-124.
Q: When is Form RCT-124 due?
A: Form RCT-124 is due on or before March 15 of each year.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Pennsylvania Department of Revenue.