WA| The SLA of Washington December 2025 Newsletter introduces a Late Filing & Tax Amendments Report in SLIP that provides detailed premium totals by Major Class, tax year, registration month, and late filings to support clearer tracking and reconciliation of surplus line premium taxes, highlights an opportunity for brokers to submit feedback as part of a broader SLIP portal upgrade, promotes the WA Surplus Line Broker Compliance Course and one-on-one education for those pursuing a Washington surplus line broker license, and outlines the annual tax statement process for 2025 business, including who must file, preparation steps, critical dates (January 31, February 15, and March 1), and frequently asked questions on the state surplus line tax rate, filing obligations for non-producing licensees, handling incomplete documentation, using the Late Filing & Tax Amendment report to address discrepancies, and the requirement to pay all premium taxes electronically through the OIC’s Filing & Payment Center.
Points of Interest:
- New Late Filing & Tax Amendments Report in SLIP offers multi-table views of premium totals by Major Class, billing type, tax year, registration month, and late filings to improve insight and streamline annual tax reconciliation.
- The Association is collecting member feedback to guide a modernization of the SLIP filing portal and continues to promote broker education through its Surplus Line Broker Compliance Course and individualized training.
- The quick-reference guide explains who must file a Washington surplus line annual tax statement for 2025 business, how to prepare (including clearing tags and reconciling to SLIP), key filing deadlines, the 2% premium tax rate, conditions for zero-business filers, how to report premium discrepancies using the new report, and the requirement for electronic tax payments via the OIC.