Tax Exempt Status by State

Each state has its own requirements when it comes to determining Tax Exempt status for a policy. Use the following to help determine the proper procedure for Tax Exemptions.

It is the broker's responsibility to determine if an insured/policy is Tax Exempt in each state. InsCipher has prepared this information based on research conducted. We are providing it to you to use as a tool to help you determine how to handle Tax Exempt policies. Please defer to the state if you have any specific questions. 

  • If you determine the insured/policy is Tax Exempt and reporting is required in the state, change the Exempt status in the filing from No to Yes
  • Lines of Business that are indicated by the state to be Tax Exempt have been programmed accordingly in the Tax Calculator

The information included is subject to change.

AL AK AZ AR CA CO
CT DE DC FL GA HI
ID IL IN IA KS KY
LA ME MD MA MI MN
MS MO MT NE NV NH
NJ NM NY NC ND OH
OK OR PA RI SC SD
TN TX UT VT VA WA
WV WI WY      

ALABAMA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No
State Links:

ALASKA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? No

State Links:

ARIZONA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Not Verified - check with State

State Links:

ARKANSAS:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No

State Links:

CALIFORNIA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No

State Links:

COLORADO:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

CONNECTICUT:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

DELAWARE:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

DISTRICT OF COLUMBIA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No

State Links:

FLORIDA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

GEORGIA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

HAWAII:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

IDAHO:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No

State Links:

ILLINOIS:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Yes

State Links:

INDIANA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

IOWA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No

State Links:

KANSAS:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Yes

State Links:

KENTUCKY:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? No

State Links:

LOUISIANA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

MAINE:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

MARYLAND:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

MASSACHUSETTS:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

MICHIGAN:

Are Tax Exempt policies reported to the state? State does not allow Exemptions
Are Federal Credit Unions exempt? No

State Links:

MINNESOTA:

Are Tax Exempt policies reported to the state? State does not allow Exemptions
Are Federal Credit Unions exempt? No

State Links:

MISSISSIPPI:

Are Tax Exempt policies reported to the state? State does not allow Exemptions
Are Federal Credit Unions exempt? No

State Links:

MISSOURI:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

MONTANA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

NEBRASKA:

Are Tax Exempt policies reported to the state? State does not allow Exemptions
Are Federal Credit Unions exempt? No

State Links:

NEVADA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

NEW HAMPSHIRE:

Are Tax Exempt policies reported to the state? State does not allow Exemptions
Are Federal Credit Unions exempt? No

State Links:

NEW JERSEY:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

NEW MEXICO:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Yes

State Links:

NEW YORK:

Are Tax Exempt policies reported to the state?

No

Are Federal Credit Unions exempt? No

State Links:

NORTH CAROLINA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes - Subject to NCDOI Approval on a case-by-case basis

State Links:

NORTH DAKOTA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

OHIO:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

OKLAHOMA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

OREGON:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Yes

State Links:

PENNSYLVANIA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes, if granted by the PA Dept. of Revenue

State Links:

RHODE ISLAND:

Are Tax Exempt policies reported to the state? State does not allow Exemptions
Are Federal Credit Unions exempt? No

State Links:

SOUTH CAROLINA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Yes

State Links:

SOUTH DAKOTA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

TENNESSEE:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

TEXAS:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

UTAH:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? No

State Links:

VERMONT:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

VIRGINIA:

Are Tax Exempt policies reported to the state? No
Are Federal Credit Unions exempt? Not Verified - Check with State

State Links:

WASHINGTON:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? No

State Links:

WEST VIRGINIA:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

WISCONSIN:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes

State Links:

WYOMING:

Are Tax Exempt policies reported to the state? Yes
Are Federal Credit Unions exempt? Yes, if granted by the state

State Links:

Version History:

Date Description of Change
8/24/2021 Published Article