FILING Review

Related Information

RCT-123 Report Image

Per Surplus Lines Law Section 1621, the surplus lines tax levied by the Commonwealth of Pennsylvania is three percent (3%) of taxable gross premiums charged less any return premium for insurance placed with either an eligible surplus lines insurer or other non-admitted insurer for the calendar year.

A Gross Premium Tax Report (RCT-123) with your tax payment must be filed with the Pennsylvania Department of Revenue on or before January 31 of each year for the completed preceding calendar year whether or not any surplus lines business was produced in the preceding calendar year.

IMPORTANT NOTE; Summary information plus an image of the full copy (all pages) of the original Gross Premium Tax Report (RCT 123) must be electronically submitted to PSLA and not PID.

PSLA reviews the uploaded RCT-123 Report image to insure it is consistent with the RCT-123 data entered into EFS. If discrepancies are found, the report state is set to “Filing Returned” in EFS (Electronic Filing System) and an email notification is sent to the Tax Return contact listed in EFS. The agency must revise/submit a corrected report with associated RCT-123 image.

Below is a list of common discrepancies with the RCT-123 Report image

  1. The PSLA Customer ID on the RCT-123 Report image is missing or does not match the ID entered into EFS.
  2. The RCT-123 image covers multiple Customer IDs but the image is missing the schedule that breaks down the total by Customer ID.
  3. The totals for Gross Premium, Returned Premium, Tax Exempt Premium, Gross Premium Taxable, and Premium Tax are missing on the final page of the image.
  4. The totals on the image do not match the totals entered in EFS.
  5. The image is missing the Agency Name or Reporting Year.
  6. If no business has been transacted during the calendar year, $0 should be entered in the totals on page two of RCT report for items 1-5.
  7. The RCT-123 image is not based on the correct version of the RCT-123. Please use the correct version available on the website for the Department of Revenue.
  8. The uploaded image included pages for affidavits. Affidavits must be submitted separately in EFS.
  9. The RCT-123 Report image is missing the "Signature of Preparer".