Instructions For Filing F-1159 - Department Of Revenue

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F-1159N
R. 10/01
Instructions for Filing F-1159
Who May Use This Form?
Facility Information
Corporations may participate in this program of child care tax
Please provide the FEIN, name, address, e-mail address, phone
credits against corporate income tax or insurance premium tax,
number, fax number, and the child care facility license number if
but not both. The child care tax credits are based upon child care
applicable. If there is more than one facility, attach a list of all the
costs incurred on or after December 31, 1998, on behalf of
facilities that includes FEIN, name, address, and child care facility
employees. Contributions made during the tax year to not-for -
license number if applicable. Written verification from the
profit corporations operating eligible child care facilities that use
Department of Children and Families or a local licensing
the contributions to pay start up or operating costs are also
agency that the corporation or child care provider meets the
eligible for the child care tax credit. Applications must be
licensure requirements as defined in section 402.302, Florida
submitted during each tax year to obtain approval for credits to be
Statutes, and is currently licensed in accordance with s.
taken in that tax year. The child care costs must be incurred in
402.305, F.S., or is a facility providing daily care to children
the current tax year, except in the case of the credit based upon
who are mildly ill, must be provided. For information about
the start-up costs associated with establishment of a child care
how to obtain the required written verification, please call the
facility. If two or more corporations join together or cause a not-
Department of Children and Families at 850-488-4900 and ask
for-profit corporation to start and operate a child care facility, the
for a child care licensing specialist.
corporations must file a joint application or the not-for-profit
corporation may file the application.
Consolidated Return Filing Information
Complete this section if a consolidated corporate income tax
Program Limitations
return will be filed using a different name and FEIN than supplied
The amount of the credits cannot exceed $50,000 annually for
in the Business Information section. Provide the corporate name
each corporation or $50,000 for each eligible facility either jointly
and FEIN that will appear on the Florida Corporate Income/
operated or operated by a not-for-profit corporation. The total
Franchise and Emergency Excise Tax Return (F-1120) upon which
amount made available by the Legislature to all taxpayers is $2
the approved credit will be taken. Providing this information will
million annually.
facilitate processing of the consolidated return by enabling the
Department to associate the approved credit with the tax return.
If the credit granted to a corporation or facility is not fully used in
any one year because of insufficient tax liability, the unused
The credit cannot be applied for (or approved) on a consolidated
amount may be carried forward for a period not to exceed five
group basis. Section 220.19, F.S., provides for the credit to be
years.
approved on an individual corporate basis with a $50,000 limit per
corporation per tax year, and a $50,000 limit per facility per tax
Estimated costs may be used in completing this application.
year in the case of a jointly operated facility or a facility operated
The amount of the credit taken must be less than the amount
by a not-for-profit corporation. The statutes provide for an
approved for credit when the actual costs are less than those
aggregation of individual corporate limits when a consolidated
estimated. The credit must be based upon actual costs incurred
return is filed. More than one $50,000 limitation may be available
and/or actual number of children enrolled in the facility. The
per consolidated return when several subsidiary corporations have
amount of credit taken cannot be greater than the amount
approved credits that total to an amount greater than $50,000.
approved, even if the actual costs incurred are greater than
the estimated costs.
Basis of Credit
If a credit approval for child care start-up costs is received and the
1)
Establishment of a facility. If applying for a credit based
facility fails to operate for at least five years, there is a repayment
upon the start-up costs of a child care facility or based on
requirement under certain conditions.
contributions made to a not-for-profit corporation operating a
facility that uses the contributions to pay start up costs, check
Joint Application
this box. Enter the amount of the start-up costs or
In the case of a joint application or if a not-for-profit corporation is
contributions and attach a detailed list that includes an
applying on behalf of two or more corporations, check the box
explanation of the cost and date each cost was incurred. The
labeled “Joint application” on the front of the application. Attach a
child care facility must begin operating in the current tax
list of all the individual corporations, federal employer
year. “Child care facility start-up costs” means expenditures
identification numbers (FEIN), names, addresses, etc. Include
for substantial renovation, equipment (including playground
the proportion expressed as a percentage of any approved credit
equipment, kitchen appliances, and cooking equipment), real
for each corporation.
property (including land and improvements), and for reduction
of debt, made in connection with a child care facility located in
Florida on the taxpayer’s premises and used by the
Business Information
employees of the taxpayer. Estimated costs may be used in
Please provide the FEIN, name, address, contact name, e-mail
completing this application. The amount of credit taken must
address, phone number, and fax number of the corporation that is
be less than the approved amount if the actual costs incurred
applying for the credit.
are less than those estimated because the credit cannot
exceed 50 percent of the start-up costs. The amount of

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