This document should only be used to supplement the General Instruction Manual for Texas Title Insurance Agent Experience Report Submission. Topics Question Answer Firm ID Number What is my agency’s Firm ID It is a five to six digit unique identification number? number found on your active Title Agent Certificate of License. Employee Group Insurance Where do I report my employee Report employee group insurance on Form group insurance? A, Sec. B, line 2. Employee Benefits and Welfare. Payroll Taxes Where do I report payroll taxes Report payroll and unemployment taxes on Unemployment Taxes and unemployment taxes? Form A, Sec. B, line 2. Employee Benefits and Welfare. Federal Income Tax Where do I report federal Do not report any federal income or state Sales Tax income tax and state sales tax? sales tax on your experience report. Courier and Overnight Delivery do I report courier, Postage and freight fees should only Fees overnight delivery, and postage include expenses for the operation of your Postage and Freight Fees and freight expenses? business and does not include expenses paid to third-party vendors for the benefit of the title insurance customer. Report postage and freight on Form A, Sec. B, line 14. Report courier and overnight delivery on Form A, Sec. B, line 15. Do not include in-house courier or runner expenses in this category. Pass-Through Categories What are pass-through A pass-through category, for the purpose of Tax Certificates categories? this report, is a line item in the sum of Recording Fees the income and expense equals zero or Courier and Overnight comes close to zero. Pass-through Delivery Fees categories on the experience report include tax certificates, recording fees, and courier and overnight delivery fees. Report the income and expense for these items under the title column even if passed through escrow accounts or was paid to a tax service. If your agency is not being charged for tax certificates or recording fees by the county and, as a result, has no income or expense, submit a written statement to that effect. If there is a significant variance between the income and expense for any pass-through category, submit a detailed written explanation with your report. Policy Guaranty Fees Where do I report policy Do not report any policy guaranty fees on guaranty fees? your experience report.
This document should only be used to supplement the General Instruction Manual for Texas Title Insurance Agent Experience Report Submission. Topics Question Answer Firm ID Number What is my agency’s Firm ID number? It is a five to six digit unique identification number found on your active Title Agent Certificate of License. Employee Group Insurance Where do I report my employee group insurance? Report employee group insurance on Form A, Sec. B, line 2. Employee Benefits and Welfare. Payroll Taxes Unemployment Taxes Where do I report payroll taxes and unemployment taxes? Report payroll and unemployment taxes on Form A, Sec. B, line 2. Employee Benefits and Welfare. Federal Income Tax Sales Tax Where do I report federal income tax and state sales tax? Do not report any federal income or state sales tax on your experience report. Courier and Overnight Delivery Fees Postage and Freight Fees do I report courier, overnight delivery, and postage and freight expenses? Postage and freight fees should only include expenses for the operation of your business and does not include expenses paid to third-party vendors for the benefit of the title insurance customer. Report postage and freight on Form A, Sec. B, line 14. Report courier and overnight delivery on Form A, Sec. B, line 15. Do not include in-house courier or runner expenses in this category. Pass-Through Categories Tax Certificates Recording Fees Courier and Overnight Delivery Fees What are pass-through categories? A pass-through category, for the purpose of this report, is a line item in the sum of the income and expense equals zero or comes close to zero. Pass-through categories on the experience report include tax certificates, recording fees, and courier and overnight delivery fees. Report the income and expense for these items under the title column even if passed through escrow accounts or was paid to a tax service. If your agency is not being charged for tax certificates or recording fees by the county and, as a result, has no income or expense, submit a written statement to that effect. If there is a significant variance between the income and expense for any pass-through category, submit a detailed written explanation with your report. Policy Guaranty Fees Where do I report policy guaranty fees? Do not report any policy guaranty fees on your experience report.
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