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Regardless of the tax year being

number, email address and PTIN/SSN of

current period liabilities and other un-

amended, taxpayers must use the most

the individual preparing the report.

paid liabilities within the account.

current non-year-specific tax form,

Extension Request Due Date

NOTE: If no option is selected,

completing all sections of the report.

To request a due date extension of up

the department will automatically

This includes those sections originally

to 60 days to file the annual report, you

transfer any overpayment to the next

filed and those sections being amended.

must file an extension request, REV-

tax year after offsetting current period

All tax liabilities should be recorded on

426, by the original report due date.

liabilities and other unpaid liabilities

Page 1. Taxpayers must check the

However, an extension of time to file

within the account.

Amended Report check box on Page 1

does not extend the deadline for pay-

and include Schedule AR, REV-1175,

A tax period overpayment summary will

ment of tax, and an extension request

with the report.

must be accompanied by payment of

be mailed to the taxpayer confirming

taxes owed for the taxable year for

the disposition of the credit.

First Report

which the extension is requested. Mail

Enter “Y” in the block on Page 1 if this

Requests for Refund or Transfer of

the extension coupon separately from

is the taxpayer’s first PA underwriting

Available Credit

all other forms. A taxpayer using an

profits tax filing.

Requests for refund or transfer of avail-

electronic method to make payment

Electronic Payment

able credit from prior periods can be

with an extension request should not

Enter “Y” in the block on Page 1 if the

faxed on company letterhead, signed by

submit the extension coupon. Do not

taxpayer has made any electronic pay-

authorized

representative,

use the extension coupon to remit other

ments using e-TIDES.

717-705-6227.

unpaid liabilities within the account.

•

Final Report

Requests can also be submitted in writ-

Payment and Mailing Information

Enter “Y” in the block on Page 1 if

All payments of $1,000 or more must be

ing to the following address:

this report will be the final report

made electronically or by certified or

PA DEPARTMENT OF REVENUE

filed with the department. Indicate

cashier’s check remitted in person or by

PO BOX 280701

the effective date of the event as

express mail courier. Failure to make a

HARRISBURG PA 17128-0701

MMDDYYYY.

•

payment by an approved method will

result in the imposition of a 3 percent

Please do not duplicate requests for re-

Include information from the Penn-

penalty of the tax due, up to $500. For

sylvania Insurance Department ver-

fund and/or transfer by submitting both

more information on electronic payment

ifying the taxpayer’s insurance

RCT-124 and written correspondence.

options, visit

license expired, was cancelled or

•

CONTACT INFORMATION

Payments under $1,000 may be remit-

not renewed.

•

To make electronic payments and

ted by mail, made payable to the PA De-

Include a copy of the regulatory au-

file extensions electronically, visit e-

partment of Revenue.

thority’s approval of the merger,

TIDES at

Mail payments, extension requests and

dissolution, plan of reorganization

For additional information and as-

Tax Report, RCT-124, to the following

and/or articles of merger.

•

sistance with electronic payments

address:

and extensions call 717-705-6225

Provide the Revenue ID and FEIN of

PA DEPARTMENT OF REVENUE

(Option 6).

the surviving entity, if applicable.

•

327 WALNUT ST FL 3

To confirm account payments, call

Corporate Officer Information

PO BOX 280407

1-888-PATAXES (1-888-728-2937).

A corporate officer must sign and date

HARRISBURG PA 17128-2005

•

the tax report. The signature must be

If you have questions regarding

Current Period Overpayment

original; photocopies or faxes will not be

payments or refunds, call the Ac-

If an overpayment exists on Page 1 of

accepted. Print the first and last name,

counting Division at 717-705-6225

the RCT-124, the taxpayer must instruct

title, Social Security number, telephone

(Option 5, then Option 1).

the department to refund or transfer

•

number and email address of the corpo-

overpayment as indicated below.

rate officer.

Requests for transfer of credit may

Refund: Identify the amount to refund

be faxed to the Accounting Division

Preparer’s Information

from the current tax period overpay-

at 717-705-6227.

Paid preparers must sign and date the

•

ment. Prior to any refund, the depart-

tax report. If the preparer works for a

If you have questions regarding ex-

ment will offset current period liabilities

firm, provide the name, FEIN and ad-

tensions, call the Extension Unit at

and other unpaid liabilities within the

dress of the firm along with the name,

717-705-6225 (Option 4). Requests

account.

telephone number, email address and

can be faxed to 717-705-6227.

•

PTIN/SSN of the individual preparing

Transfer: Identify the amount to trans-

If you have questions regarding tax

the report. If the preparer is an individ-

fer from the current tax period overpay-

assessments, determinations or fil-

ual without any association to a firm,

ment to the next tax period. Prior to any

provide the name, address, telephone

transfer, the department will offset

ing requirements, call the Specialty

RCT-124

Form Rct-124 - Underwriting Profits Tax - Domestic & Foreign Marine Insurance - Pennsylvania Department Of Revenue Page 2

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