Instructions For Form Rct-122 - Gross Premiums Tax Report Page 5

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RCT-122 – Line-by-Line Instruction
RCT-122-I (1-15)
Page 5 of 5
Line 8 - Tax on Taxable Gross Premiums on All Other Types of Insurance
Multiply Line 7 by 0.03.
Line 9 - Total Tax
Enter the sum of Lines 4 and 8. Carry to RCT-122, Page 1, Line 1.
Tax liability cannot be less than zero

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