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DR-95B

R. 03/03

Use Form DR-95B to calculate credits for sales and use tax paid on

Rule Reference

repossessed motor vehicles. The dealer who originally paid the tax on the

Rule 12A-1.012(2)(a), Florida Administrative Code, states: A dealer who has

vehicle may claim credit on its Sales and Use Tax Return (Form DR-15) or

paid sales tax in full on the selling price of tangible personal property sold

request a refund by submitting an Application for Refund – Sales and Use

under a retain title, conditional sale or similar contract may, upon

Tax ( Form DR-26S).

repossession of the property (with or without judicial process), take credit on

a subsequent return or obtain a refund of that portion of the tax that is

Instructions for completing Form DR-95B

applicable to the unpaid balance of the contract. The return or refund shall

be based on the ratio that the total tax bears to the unpaid balance of the

Column 1 -

Customer’s name - Name of customer from whom the vehicle

sales price, excluding finance of other nontaxable charges, as reflected in

was repossessed.

the sales contract. Refund or credit must be claimed within 12 months

Column 2 -

Property description.

following the month in which the property was repossessed.

Column 3 -

Date sales or use tax paid to Florida Department of Revenue.

Column 4 -

Sales tax paid on original purchase - include discretionary

For Information and Forms

sales surtax, if applicable.

Column 5 -

Purchase price less trade-in - Price of unit less trade-in, if any.

Information and forms are available on our Internet site at

Actual amount of original purchase price should not include

nontaxable charges, such as interest, penalty charges,

carrying charges, license fees, notary fees, etc.

To receive forms by mail:

Column 6 -

Purchase price less trade-in less cash down - Price of unit

•

Order multiple copies of forms from our Internet site at

less trade-in and any cash down payment.

/forms or

Note: Complete Column 5 and Column 6.

•

Fax your form request to the DOR Distribution Center at

Column 7 -

Length of contract in months - Total number of months for

850-922-2208 or

which contract was written.

•

Call the DOR Distribution Center at 850-488-8422 or

Column 8 -

Monthly payment prorated - Divide Column 6 by Column 7.

•

Mail your form request to:

Column 9 -

Sales or use tax rate at time of purchase, including surtax, if

DISTRIBUTION CENTER

applicable - divide Column 4 by Column 5.

FLORIDA DEPARTMENT OF REVENUE

Column 10 - Number of payments unpaid - Total of unpaid payments on the

168A BLOUNTSTOWN HWY

contract.

TALLAHASSEE FL 32304-3702

Column 11 - Tax credits - Multiply columns 8, 9 and 10. Note: After the

To receive a fax copy of a form, call 850-922-3676 from your fax

date of repossession, the dealer who paid the tax may take a

machine telephone and follow the voice prompts.

credit on a subsequent return or obtain a refund. See Rule

To speak with a Department of Revenue representative, call

12A-1.012(2)(a), Florida Administrative Code.

Taxpayer Services, Monday through Friday, 8 a.m. to 7 p.m., ET,

Column 12 - Actual date of repossession - Indicate the specific date

at 1-800-352-3671 (in Florida only) or 850-488-6800.

(month, day, and year) the motor vehicle was repossessed.

For a written response to your questions, write:

Note: Copy of invoice must be attached supporting each repossession.

TAXPAYER SERVICES

FLORIDA DEPARTMENT OF REVENUE

1379 BLOUNTSTOWN HWY

Method of Determining Tax Credit - Divide Column 6 by Column 7, which

equals Column 8. Divide Column 4 by

TALLAHASSEE FL 32304-2716

Column 5, which equals Column 9.

Hearing or speech impaired persons may call the TDD line at

Multiply Columns 8, 9, and 10, which

1-800-367-8331 or 850-922-1115.

equals Column 11 (tax credit).

Department of Revenue service centers host educational

seminars about Florida’s taxes. For a schedule of upcoming

seminars,

•

Visit us online at or

•

Call the service center nearest you.

Form Dr-95b - Schedule Of Florida Sales Or Use Tax Credits Claimed On Repossessed Motor Vehicles Form - State Of Florida Page 2

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