Excess Lines: Premium Tax Statement

Due: Annually on March 15th

If March 15th falls on a Saturday, Sunday, or legal holiday, the due date is moved to the next business day.

Note: As of January 1, 2025, excess line brokers may file "ZERO" premium tax statements online if they meet ALL of the following criteria:

  • No surplus lines business was written in New York for year 2024;
  • No transactions were reported to Excess Line Association of New York (ELANY) for any endorsements/cancellations; and
  • No premium taxes or credits are due for 2024 and prior years.

Important: The above filing option is for ZERO filers only. NON-ZERO Filers may only start filing premium tax statements at the end of February 2025, after ELANY's members' report of 2024 is uploaded to the DFS Portal.

DFS Portal Applications and Accounts

This statement can be filed on the DFS Portal. To access the application, you must have a DFS Portal account.

Select the DFS Portal button below to log into, or create your portal account (you may need to disable any "pop-up" prevention software you have running before using this application.)

File a premium tax statement for only one broker account

  • After logging on, select tab "REQUEST APPS",
  • Select "Excess Line - Premium Tax Submission",
  • Enter the Site ID assigned by the Department in the field and hit Submit. You will be sent back to the home page,
  • If you don’t have a Site ID, request one via email to: [email protected],
  • Select "Excess Line – Premium Tax Submission",
  • Select "View/Edit Draft Statement" next to 2024,
  • Start your online tax filing.

Note: Broker Site ID only needs to be entered once for one portal account.

File premium tax statement for more than one broker account

Option A (allows you to access the premium tax statement filing by entering one site ID at a time):

  1. After you complete one premium tax statement, do not log off,
  2. Select tab "REQUEST APPS",
  3. Select "Excess Line – Premium Tax Submission",
  4. Enter the Site ID assigned by the Department in the box and hit "Submit". You will be sent back to the home page,
  5. Select "Excess Line – Premium Tax Submission",
  6. Select the license number you requested access for (There will be another license number in the box since you requested access for more than one site ID),
  7. Select "View/Edit Draft Statement" next to 2024,
  8. Start your online tax filing,
  9. File additional premium tax statements by repeating the steps "2" through "8".

Option B (allows you to enter multiple site IDs before completing premium tax statements):

  1. After you log on, select tab "REQUEST APPS",
  2. Select "Excess Line – Premium Tax Submission",
  3. Enter the Site ID assigned by the Department in the box and hit "Submit." You will be prompted back to the home page,
  4. Enter additional site IDs, and repeat steps 1 through 3 above,
  5. After you enter all the site IDs, select "Excess Line – Premium Tax Submission",
  6. Select the license number of your choice (All license numbers you have requested access for will appear in the box),
  7. Select "View/Edit Draft Statement" next to 2024,
  8. Start your online tax filing.
  9. Continue to file additional premium tax statements by selecting the tab “MY APPS”, then selecting "Excess Line - Premium Tax Submission" and selecting another license number.

Supplemental Premium Tax Statements

Excess line brokers must file supplemental premium tax statements online via the DFS Portal. Supplemental premium tax statement can only be filed after the original premium tax statement has been submitted and there is a need for an amendment such as:

  • To correct error/s on the original premium tax statement
  • To report additional transactions
  • To claim credit/refund

Note: The link for the supplemental filing will not appear unless the original premium tax statement was submitted via the DFS Portal.

Questions?

For questions regarding the above, send an email to [email protected]