Form F 1120a - Florida Corporate Short Form Income Tax Return printable pdf download

F-1120A

Florida Corporate Short Form

R. 01/00

Page 1

Income Tax Return

NOTE: Failure to file a required return will

subject a corporation to penalty, whether or

not tax is due.

Do not attach a copy of the federal return,

supporting schedules or worksheets at this

time. The Department may, however, request

them at a later date.

Use an original form whenever possible to

ensure proper recording and processing of

your return and payment. Make any necessary

corrections on the face of the return, and

complete the change of address coupon.

Who Must File a Florida Corporate Income/

Who May File a Florida Corporate Short Form

Franchise Tax Return

(Florida F-1120A)

Corporations or other entities subject to Florida corporate income tax must file

• All domestic and foreign corporations, including tax exempt corporations,

Florida Form F-1120 unless they qualify to file Florida Corporate Short Form

doing business, earning income, or existing in Florida.

Income Tax Return, Form F-1120A.

• Every bank and savings association doing business, earning income, or

A corporation qualifies to file Form F-1120A if it meets ALL of the following

existing in Florida.

criteria:

• All associations or entities doing business, earning income, or existing in

• it has Florida Net Income of $45,000 or less;

Florida.

• it conducts 100 percent of its business in Florida (does not apportion

income);

• Foreign (out-of-state) corporations that are partners or members in a

• it does not report any additions to and/or subtractions from federal taxable

Florida partnership or joint venture. A “Florida partnership” is a partnership

income other than a net operating loss deduction and/or state income

doing business, earning income or existing in Florida.

taxes, if any;

• Limited liability companies classified as a corporation for federal tax

• it has no Florida Emergency Excise Tax (EET) liability. Corporations that

purposes. Corporations with ownership in a Florida limited liability company

only have assets placed into service after January 1, 1987, are not subject

treated as a partnership for federal income tax purposes are subject to the

to Florida EET;

Florida Income Tax Code and must file an F-1120. Limited liability compa-

• it does not file a consolidated corporate return. Qualified subchapter S

nies that are classified as a partnership or are disregarded for federal tax

subsidiaries must file Form F-1120;

purposes are not required to file a Florida corporate income tax return.

• it claims no tax credits other than tentative (extension of time) payments or

However, if a limited liability company has a corporate partner, it is required

estimated payments (if any); and

to file a Florida Form F-1065.(cont. on pg. 3)

• it is not required to pay Federal Alternative Minimum Tax.

The F-1120A is a machine-readable form. Please follow the hand print or machine print instructions. Use black ink.

If hand printing this document, print your numbers as shown

If typing this document, type through the boxes and type all of

0123456789

0 0 0 0 0 1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 4 4 4 4 4 5 5 5 5 5 6 6 6 6 6 7 7 7 7 7 8 8 8 8 8 9 9 9 9 9

and write one number per box. Write within the boxes.

your numbers together.

Make check payable and mail to: FLORIDA DEPARTMENT OF REVENUE, 5050 W TENNESSEE STREET, TALLAHASSEE FL 32399-0135

U.S. DOLLARS

CENTS

Florida Corporate Short Form

Check here if negative

F-1120A

1. Federal

Income Tax Return

R. 01/00

Taxable Income

Mail coupon only.

2. Plus (+)

Keep upper portion for your records.

Federal NOLD + State

Income Tax

3. Less (-)

Florida NOLD

4. Less (-) Exemption

Check here if negative

5. Equals (=)

If Line 5 is zero “0” or

DOR USE ONLY

Florida Net

less, enter “0” on Line 6.

Income

6. Tax Due 5.5% of

If this amount is $2,500 or greater,

Line 5

you cannot file F-1120A.

7. Less (-)

FEIN

Payment Credits

Taxable Year Beginning

Taxable Year End

8. Plus (+) Penalty and interest

(See instructions)

D Y Y

Y Y

Check here if negative

9. Total Amount Due or Overpayment

REMEMBER TO COMPLETE THE BACK OF THE FORM

(Complete Line 9a or 9b for

overpayments)

9000 0 99999999 0002005043 1 3009999999 0000 8

9a CREDIT

9b REFUND

Form F 1120a - Florida Corporate Short Form Income Tax Return

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