Instructions For Filing The Solid Mineral Severance Tax Return (Form Dr-142) printable pdf download

Instructions for Filing the Solid Mineral Severance

DR-142

Tax Return

R. 04/03

Page 3

General Instructions

Who must file a return? Every producer severing solid

Penalty for substantial underpayment: In addition to

minerals from the soil or waters of Florida must file an

the delinquency penalty, a deficiency which exceeds

annual return. “Solid mineral” as defined by law means

35 percent of the total tax due is subject to a

all solid minerals including, but not limited to, clay, gravel,

“substantial underpayment” penalty of 30 percent of

phosphate rock, lime, shells (excluding live shellfish),

the underpayment.

stone, sand, heavy minerals, and any rare earths that

Electronic Funds Transfer (EFT): Any taxpayer who

have been discovered or may be discovered in the future,

paid more than $30,000 in severance taxes between

which are contained in the soils or waters of this state.

July 1 and June 30 (the state’s fiscal year) is required

When is the return due? The return is due on or

to remit taxes by EFT in the following calendar year.

before April 1st of the year following the taxable year.

For additional information regarding EFT requirements

(For example, the 2002 tax return is due on or before

and procedures, visit the Department’s Internet site or

April 1, 2003.)

contact Taxpayer Services (see “For Information and

Forms”).

When must the tax be paid? An estimated tax must

be paid in installments during the tax year (see Form

Amended returns: If you are filing an amended

DR-142ES). Any balance due with the annual return

return, use a blank Form DR-142 and check the

must be paid on or before April 1st of the year following

"amended" box on the front page. Complete your

the tax year.

name, address, and federal employer identification

number (FEIN). Enter the taxable year of the amended

Late filing of annual return: If a tax return is not filed

return. Complete the form in its entirety, showing the

by April 1st or if any part of a deficiency is due to

total production of solid minerals for the taxable year.

negligence or intentional disregard of the law, a

On line 5 on the front of the form, list the estimated

delinquency penalty of 10 percent per month up to a

payments that were made, and the payment (if any)

maximum of 50 percent will be due on any unpaid tax.

made when the original return was filed. If line 7

In addition, interest at the floating market interest rate

results in additional tax due, calculate penalties and

is due on any unpaid tax, calculated from April 1st to

interest from the original due date (April 1st ) to the

the date of payment.

date the amended return and payment are postmarked.

Underpayment of estimated tax: Penalty (at the rate

Mail your completed return and payment to:

of 20 percent per year) and interest (at the floating

FLORIDA DEPARTMENT OF REVENUE

market interest rate) are due upon the amount of any

5050 W TENNESSEE ST

underpayment of estimated tax. For additional

TALLAHASSEE FL 32399-0150

information, see Form DR-142ES.

For Information and Forms

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

Information and forms are available on our Internet

from your fax machine telephone and follow the

site at

voice prompts.

Need Forms?

To receive forms by mail:

Need Assistance?

To speak with a Department of Revenue

• Order multiple copies of forms from our

representative, call Taxpayer Services, Monday

Internet site at

/forms or

through Friday, 8 a.m. to 7 p.m., ET, at

• Fax your form request to the DOR Distribution

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

Center at 850-922-2208 or

Hearing or speech impaired persons may call the

• Call the DOR Distribution Center at

TDD line at 1-800-367-8331 or 850-922-1115.

850-488-8422 or

For a written response to your questions, write:

• Mail your form request to:

TAXPAYER SERVICES

DISTRIBUTION CENTER

FLORIDA DEPARTMENT OF REVENUE

168A BLOUNTSTOWN HWY

1379 BLOUNTSTOWN HWY

TALLAHASSEE FL 32304-2716

TALLAHASSEE FL 32304-3702

Instructions For Filing The Solid Mineral Severance Tax Return (Form Dr-142)

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