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Riginal report. See Va. Code 58.1-1823. Quarterly Tax Reports: A surplus lines broker must file quarterly tax reports using Form 801 if its annual Insurance Premiums License Tax liability can reasonably be expected to exceed $1,500 and, during the quarter, it derived direct gross premium income from policies for insureds whose home state is the Commonwealth of Virginia. Refer to the Form 801 instructions for more information. Penalties and Interest: The Virginia Surplus Lines Broker s Annua.

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Virginia Tax has been charged with the administration and collection of premiums license tax forms and payments. This tax is imposed on all insurers and surplus lines brokers that are licensed in this Commonwealth by the State Corporation Commission's Bureau of Insurance.

You are required to pay 90% of your Virginia tax liability to avoid the extension penalty. You can make a Virginia extension payment with Form 760IP, or pay electronically using VATAX Online Services: .individual.tax.virginia.gov.

The Virginia State Tax Filing deadline remains May 1st. If you have a tax due the state will not charge any penalty until after June 1st. However, interest will still apply. If you do not have a tax due you will receive an automatic 6 month extension.

The extension penalty is assessed on the balance of tax due with the return at a rate of 2% per month or part of a month, from the original due date until the date the return is filed. The maximum penalty is 12% of the tax due.

Form 760IP, Automatic Extension Payment, is a payment coupon and worksheet that provides taxpayers who are unable to file their individual income tax return by May 1 a means of calculating and remitting a payment to avoid penalty and interest.

Form VA-6 - Employer's Annual or Final Summary of Virginia Income Tax Withheld Return.

Surplus lines tax: 2.25%, (except workers' compensation) payable by broker.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232