Form preview

Get the free 2012 Insurance Premium Tax Return for Property and Casualty Companies

Get Form
Este formulario es utilizado por las compañías de seguros de propiedad y accidentes para declarar los impuestos sobre las primas de seguros en Minnesota.
We are not affiliated with any brand or entity on this form

Get, Create, Make and Sign 2012 insurance premium tax

Edit
Edit your 2012 insurance premium tax form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your 2012 insurance premium tax form via URL. You can also download, print, or export forms to your preferred cloud storage service.

How to edit 2012 insurance premium tax online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
In order to make advantage of the professional PDF editor, follow these steps:
1
Set up an account. If you are a new user, click Start Free Trial and establish a profile.
2
Prepare a file. Use the Add New button to start a new project. Then, using your device, upload your file to the system by importing it from internal mail, the cloud, or adding its URL.
3
Edit 2012 insurance premium tax. Add and change text, add new objects, move pages, add watermarks and page numbers, and more. Then click Done when you're done editing and go to the Documents tab to merge or split the file. If you want to lock or unlock the file, click the lock or unlock button.
4
Get your file. When you find your file in the docs list, click on its name and choose how you want to save it. To get the PDF, you can save it, send an email with it, or move it to the cloud.
pdfFiller makes working with documents easier than you could ever imagine. Create an account to find out for yourself how it works!

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
GDPR
AICPA SOC 2
PCI
HIPAA
CCPA
FDA

How to fill out 2012 insurance premium tax

Illustration

How to fill out 2012 Insurance Premium Tax Return for Property and Casualty Companies

01
Gather all relevant financial documents related to insurance premiums for the year 2012.
02
Fill in the company information section, including the name, address, and EIN.
03
Report total gross premiums written for the year on the appropriate line.
04
Calculate the taxable premium amount by deducting any applicable exemptions and allowances.
05
Determine the tax rate applicable for your type of insurance and calculate the total tax owed.
06
Complete the payment section, indicating the amount of tax due and any payments already made.
07
Verify all calculations and ensure all information is accurate.
08
Sign and date the return, then submit it to the appropriate tax authority before the deadline.

Who needs 2012 Insurance Premium Tax Return for Property and Casualty Companies?

01
Insurance companies that offer property and casualty insurance and are required to report their premium taxes.
02
Companies that have collected insurance premiums in the year 2012.
03
Businesses operating in jurisdictions where an Insurance Premium Tax Return is mandated.
Fill form : Try Risk Free
Users Most Likely To Recommend - Summer 2025
Grid Leader in Small-Business - Summer 2025
High Performer - Summer 2025
Regional Leader - Summer 2025
Easiest To Do Business With - Summer 2025
Best Meets Requirements- Summer 2025
Rate the form
4.8
Satisfied
32 Votes

People Also Ask about

a standard rate of 12%
The information on a tax return is transmitted, or sent electronically, to an IRS computer, where it is automatically checked and processed. Refunds can go into the taxpayer's savings or checking account by Direct Deposit. Electronic filing is faster and more accurate.
Compare the Best Tax Software SoftwareBest ForFederal Return Cost TurboTax Best Overall $0-$139 Cash App Taxes Best for Free Filing $0 Tax Slayer Best Value $42.95/$62.95/$72.95 H&R Block Best for Help and Assistance $60/$100/$1251 more row
The following insurance contracts are exempt from IPT : re-insurance. life insurance, permanent health insurance and all other 'long term' insurance, except medical insurance. commercial aircraft and some associated liabilities.
Unlike sole proprietorships, partnerships, and LLCs, professional corporations do not enjoy pass-through taxation, which means the professional corporation pays tax on its profits, and the owners pay tax a second time on the same income on their personal tax returns.
Professional corporations can elect to be taxed as C or S corporations. This choice significantly impacts the corporation's tax liability. While C corporations face double taxation at the corporate and shareholder levels, S corporations enjoy pass-through taxation.
Can I claim back Insurance Premium Tax? As IPT is a different type of tax to VAT, it's not possible to claim it back on your VAT return. However, there are ways you can reduce the amount of IPT you need to pay – this can be achieved by reducing the insurance premium itself.
Use Form 1120-PC to report the income, gains, losses, deductions, and credits, and to figure the income tax liability of insurance companies, other than life insurance companies.

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

The 2012 Insurance Premium Tax Return for Property and Casualty Companies is a tax form that insurance companies use to report and pay taxes on the premiums they receive from policyholders for property and casualty insurance policies.
Any property and casualty insurance company that is licensed to operate and collects premiums in the jurisdiction is required to file the 2012 Insurance Premium Tax Return.
To fill out the return, companies must gather their premium income, deductions, and any applicable tax credits. They must then complete the required sections of the form, ensuring accuracy in reporting the total premiums earned and calculate the tax owed based on applicable rates.
The purpose of the 2012 Insurance Premium Tax Return is to ensure that property and casualty insurance companies accurately report their premium revenue to the tax authorities and pay the appropriate amount of tax based on those premiums.
The return must report total premium income received, any applicable deductions, taxable premiums, tax credits, and the total tax liability owed. Additional details may include company identification information and any relevant schedules or attachments required by the jurisdiction.
Fill out your 2012 insurance premium tax online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview
If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.