Get Ky 74a118 2023-2025

Filling out the KY 74A118 form, a monthly insurance surcharge report for the Commonwealth of Kentucky, can seem overwhelming. This guide will provide clear, step-by-step instructions to help you navigate each section easily and efficiently.

Follow the steps to complete the KY 74A118 form online.

1. Press the ‘Get Form’ button to obtain the form and view it in your preferred online editor.
2. Enter the account number in the designated field located near the top of the form. Ensure this number accurately reflects your insurance provider's account.
3. Fill in your name and address in the required fields. This information helps verify your identity and compliance.
4. Indicate whether this is an amended return or surplus lines by selected the appropriate checkbox.
5. Report the month and year for which you are filing on the 'Report for Month of' line.
6. Complete the NAIC and FEIN fields, vital for identifying your insurance company.
7. In section 1, calculate the total premiums, assessments, and other charges. Ensure you only include amounts relevant to risks located in Kentucky.
8. In section 2, list the amounts not subject to surcharge and add them accordingly to determine the total amount not subject to surcharge.
9. Proceed to determine the amount subject to surcharge by subtracting the total amounts not subject to surcharge from line 1c.
10. Calculate the surcharge due at the current rate by multiplying the amount subject to surcharge by 0.018.
11. Complete any other applicable fields for penalties or interest as needed, referencing the reverse side for specific guidelines.
12. Certify the report by signing and providing your title, name, date, email address, and telephone number.
13. Once all fields are completed accurately, you can save the changes, download, and/or print the completed form for your records.

Complete your KY 74A118 form online today for efficiency and accuracy.