Get Nc Dor Ib 43

The Nc Dor Ib 43 form is essential for self-insured workers’ compensation corporations in North Carolina to report gross premium tax. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently online.

Follow the steps to complete the Nc Dor Ib 43 form online.

1. Press the ‘Get Form’ button to access the Nc Dor Ib 43 form and open it in your browser.
2. Input the application beginning and ending dates in MM-DD-YY format in the designated fields.
3. Enter your legal name in capital letters, ensuring it does not exceed 35 characters. Fill in your mailing address, city, state, and zip code.
4. Provide your federal employer identification number, the name of the contact person, their phone number, and the state of domicile.
5. If applicable, indicate if payment has been made through electronic funds transfer (EFT) or if this is an amended return. If your company ceased to be self-insured in North Carolina during the year, enter the effective date.
6. Proceed to Part 1 and calculate your adjusted taxable premiums from Part 4, entering the result on Line 1.
7. Calculate the gross premium tax by multiplying Line 1 by 2.5% and record this on Line 2.
8. Claim any applicable tax credits related to the guaranty fund and other forms, entering these amounts on Lines 3a and 3b respectively.
9. Compute your gross premium tax liability on Line 4 by subtracting the total credits on Lines 3a and 3b from Line 2.
10. Include any prior year credit applied to the current year on Line 5 and any installment payments on Line 6.
11. Determine the total balance of gross premium tax due on Line 7 by subtracting Lines 5 and 6 from Line 4.
12. Complete any necessary penalties, interest, and total gross premium tax due calculations on subsequent lines.
13. In Part 2, repeat similar steps for the computation of the insurance regulatory charge using the results from Part 1.
14. After completing all sections, review the form thoroughly to ensure accuracy.
15. Once verified, save your changes, and download or print the form for submission.

Begin the process of filling out your Nc Dor Ib 43 form online today.