Form Dr-145x - Instructions For Filing Amended Oil Production Monthly Tax Return Page 2
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1
2DR-145X
R. 04/03
Page 4
Specific Instructions for Completing Amended Return
Enter Name, Address, FEIN and Applied Period:
Line 6 Calculate penalty and interest if your
Enter your name, address, FEIN, and applied
amended return is not timely filed.
period being amended on the front of the form.
Line 6a. To calculate penalty, first determine the
Also, enter the applied period at the top of Page 2.
penalty rate. The penalty rate is 10
Complete Schedules I and II: On Page 2, enter
percent per month, or fraction thereof, not
the amounts of production, taxable value, and tax
to exceed 50 percent. Then, multiply the
due as previously reported on the original return or
total tax due on line 6 by the penalty rate.
last amended return for the applied month.
Separate lines are required for each county of
Line 6b.A floating rate of interest applies to
production. If amended returns have already been
underpayments and late payments of tax.
filed for this applied month, enter the totals of the
The rate is updated January 1 and July 1
original returns and the net changes previously
of each year by using the formula
reported on amended returns. Next, enter the
established in section 213.235, Florida
amended amounts of production, taxable value,
Statutes. To obtain interest rates, visit the
and tax due for the applied period. Then, enter the
Department’s Internet site or contact
difference between the previously reported
Taxpayer Services (see “For Information
amounts and the amended amounts to show the
and Forms”).
net change.
Line 7 Enter the total of lines 5 and 6. If line 7
Complete the front of return:
results in an overpayment, you may elect
Line 1 Carry forward to line 1 on the front of the
to have a credit memo issued or a refund
return the amounts of tax due shown on
of the overpayment. The Department will
line 6, Schedules I and II.
pay interest on refunds of this tax if the
refund has not been paid or credited within
Line 2 Enter any net change from amounts
90 days of receipt of a complete
previously reported in value of escaped oil,
application for refund. A complete
if any.
application will contain documentation
establishing the overpayment. Interest
Line 3 Calculate the change in tax due on
paid by the Department will be computed
escaped oil, if any.
st
beginning on the 91
day based upon a
statutory floating interest rate that may not
Line 4 Enter the amount of any credit memo
exceed 11 percent.
issued by the Department of Revenue and
attach the original credit memo to this
Sign and date the amended return.
amended return.
Check the box at the top if payment is made by
electronic funds transfer (EFT).
Line 5 Enter the total of line 1, columns A and B,
plus line 3 minus line 4.
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