This version of the form is not currently in use and is provided for reference only. Download this version of Schedule 800B for the current year.
This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is the Schedule 800B Guaranty FundAssessment Credit Worksheet?
A: It is a worksheet used in Virginia to calculate the credit against insurance companies' guaranty fund assessments.
Q: Who uses the Schedule 800B Guaranty Fund Assessment Credit Worksheet?
A: Insurance companies in Virginia use this worksheet.
Q: What is the purpose of the worksheet?
A: The worksheet is used to determine the credit against the guaranty fund assessments that insurance companies owe.
Q: What is a guaranty fund assessment?
A: A guaranty fund assessment is a fee that insurance companies pay to support state guaranty funds, which protect policyholders in the event of insurer insolvency.
Q: How is the credit calculated?
A: The credit is calculated based on the amount of premiums subject to the guaranty fund assessment and certain statutory deductions.
Q: Is the worksheet mandatory for insurance companies in Virginia?
A: Yes, insurance companies in Virginia are required to complete and submit this worksheet as part of their guaranty fund assessment process.
Form Details:
Download a fillable version of Schedule 800B by clicking the link below or browse more documents and templates provided by the Virginia Department of Taxation.