CT-33-NL: Non-Life Insurance Corporation Franchise Tax Return (2025)
New York · NY DTF · Used for tax years 2025
Form CT-33-NL is New York’s Non-Life Insurance Corporation Franchise Tax Return under Tax Law Article 33. It reports taxable insurance premiums, allocation percentages, tax credits, prepayments, and any balance due or overpayment.
Who files this form
Form CT-33-NL is the New York Non-Life Insurance Corporation Franchise Tax Return under Tax Law Article 33.
The form also requires you to file Form CT-33-M if, during the tax year, you did business, employed capital, owned or leased property, or maintained an office in the Metropolitan Commuter Transportation District.
What you'll need
Attach these documents:
- Your Annual Report of Premiums and Exhibit of Premiums and Losses (New York), as filed with the New York State Department of Financial Services.
- Copies of these Annual Statement schedules: Exhibit of Premiums Written, Schedule T; Schedule F, Reinsurance, Parts 1 and 3; and Underwriting and Investment Exhibit, Part 1B - Premiums Written.
- Applicable tax credit forms for credits you claim.
- Documentation for applicable items marked in the amended return information section, if filing an amended return.
- A list of names and EINs if you include more than one disregarded entity.
Have your corporation’s EIN, file number, NAICS business code, and tax-period dates available. The prepayment section also calls for amounts from Forms CT-300, CT-400, and CT-5, plus any applicable overpayment credits.
Common mistakes
- Leaving the tax period blank. All filers must enter beginning and ending dates.
- Forgetting to mark the overpayment box on page 1 when claiming an overpayment.
- Leaving out the required insurance reports, schedules, or applicable credit forms.
- Forgetting payment details. Pay the amount on line 15, enter the payment amount on line A, and make payment payable to New York State Corporation Tax. Attach the payment where indicated and detach all check stubs.
- Omitting amended-return documentation. Mark the applicable items and attach documentation when filing an amended return.
Questions people ask
What premium tax rates appear on the 2025 form?
Line 1 multiplies accident and health insurance premiums by 0.0175, or 1.75%. Line 2 multiplies other non-life insurance company premiums by 0.02, or 2%.
Is there a minimum tax?
Yes. Line 4 shows a $250 minimum tax. Line 5 uses the greater of the total tax on premiums or the minimum tax, before credits.
What can I do with an overpayment?
The form provides lines to credit an overpayment to the next period, credit an amount to Form CT-33-M, and request a refund of the remaining amount. It also asks for any overpayment previously credited to the 2026 mandatory first installment.
How do I report a disregarded entity?
Mark Yes in item C and enter the entity’s legal name and EIN. If you include more than one disregarded entity, attach a list of names and EINs.