ALLMERICA INVESTMENT TRUST
24F-2NT/A, 1998-10-23
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<PAGE>
 
                                 AMENDMENT TO
            ANNUAL NOTICE OF SECURITIES SOLD PURSUANT TO RULE 24F-2

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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                                                                              
                                                                              
                                  FORM 24F-2
                       ANNUAL NOTICE OF SECURITIES SOLD
                            PURSUANT TO RULE 24F-2

            Read instructions at end of Form before preparing Form.

- --------------------------------------------------------------------------------

1.   Name and address of issuer:
     Allmerica Investment Trust
     440 Lincoln Street, Worcester, MA  01653
- --------------------------------------------------------------------------------

2.   The name of each series or class of securities for which this Form is filed
     (If the Form is being filed for all series and classes of securities of the
     issuer, check the box but do not list series or classes): [x]


- --------------------------------------------------------------------------------

3.   Investment Company Act File Number:       811-4138

     Securities Act File Number:               2-94067

- --------------------------------------------------------------------------------

4 (a).   Last day of fiscal year for which this Form is filed.
          December 31, 1997

- --------------------------------------------------------------------------------
    
4 (b). [X] Check box if this Form is being filed late (i.e., more than 90 
           calendar days after the end of the issuer's fiscal year).  
           (See Instruction A.2)     

            Note: If the Form is being filed late, interest must be paid on 
            the registration fee due.

- --------------------------------------------------------------------------------

4 (c). [_] Check box if this is the last time the issuer will be filing this 
           Form.

- --------------------------------------------------------------------------------
    
5.    Calculation of registration fee:

     (i)    Aggregate sale price of securities sold during the
            fiscal year pursuant to section 24(f):             * $    85,437,726
                                                                 ---------------

     (ii)   Aggregate price of securities redeemed or
            repurchased during the fiscal year:                  $    19,080,770
                                                                 ---------------

     (iii)  Aggregate price of securities redeemed or repurchased during any
            prior fiscal year ending no earlier than October 11, 1995 that were
            not previously used to reduce registration fees payable
            to the Commission:                                   $        -0-
                                                                 ---------------

     (iv)   Total available redemption credits [add Items 5(ii)
            and 5(iii)]:                                         $    19,080,770
                                                                 ---------------
     (v)    Net sales - if Item 5(i) is greater than Item 5(iv)
            [subtract Item 5(iv) from Item 5(i)]:                $    66,356,956
                                                                 ---------------
     
   ----------------------------------------------------------------------------
     (vi)   Redemption credits available for use in future years   $(  -0-  )
                                                                     --------
            - if Item 5(i) is less than Item 5(iv) [subtract Item 5(iv) from
            Item 5(i)]:
   ----------------------------------------------------------------------------

     (vii)  Multiplier for determining registration fee (See Instruction C.9):
                                                              X      .000278
                                                                     -------

     (viii) Registration fee due [multiply Item 5(v) by Item 5(vii)] (enter "0"
            if no fee is due):                                =$   18,447.23
- --------------------------------------------------------------------------------
<PAGE>
 
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6.    Prepaid Shares

      If the response to Item 5(i) was determined by deducting an amount of
      securities that were registered under the Securities Act of 1933 pursuant
      to rule 24e-2 as in effect before October 11, 1997, then report the amount
      of securities (number of shares or other units) deducted here: -0- If
                                                                     ---
      there is a number of shares or other units that were registered pursuant
      to rule 24e-2 remaining unsold at the end of the fiscal year for which
      this form is filed that are available for use by the issuer in future
      fiscal years, then state that number here: -0-.
                                                 ---
- --------------------------------------------------------------------------------
    
7.    Interest due -- if this Form is being filed more than 90 days after the 
      end of the issuer's fiscal year (see Instruction D):
                                                                   +$  748.00
                                                                     --------
     
- --------------------------------------------------------------------------------
    
8.    Total of the amount of the registration fee due plus any interest due
      [line 5(viii) plus line 7]:

                                                                 =$19,195.23
                                                                   ---------
     
- --------------------------------------------------------------------------------
    
9.    Date the registration fee and any interest payment was sent to the
      Commission's lockbox depository: October 22, 1998
                           Method of Delivery:
                                [x]  Wire Transfer (SEC Account No. 9108739;
                                     CIK No. 0000756742)
                                [ ]  Mail or other means     

- --------------------------------------------------------------------------------

                                  SIGNATURES

This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.

By (Signature and Title)**     /s/ Thomas P. Cunningham, Treasurer
                               ----------------------------------------------

                                   Thomas P. Cunningham, Treasurer
                               ---------------------------------------------- 
Date:  October 23,1998
    
*  Includes only those shares sold to unregistered separate accounts of
   affiliated insurance companies. Does not include shares sold to unit
   investment trusts that offer interests that are registered under the
   Securities Act of 1933 and on which registration fees have been paid by
   separate filing. Does not include the amount listed on line 5(i) in issuer's
   Form 24f-2 Notice filed on March 26, 1998 for which registration fees in the
   amount of $216.99 were previously paid.    

**Please print the name and title of the signing officer below the signature.


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