Form Dr-142 - Solid Mineral Severance Tax Return - Florida Department Of Revenue Page 4
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5DR-142
Instructions for Filing the Solid Mineral Severance
R. 01/06
Page 5
Tax Return
General Instructions
Who must file a return? Every producer severing solid
Underpayment of estimated tax: Penalty (at the rate of
minerals from the soil or waters of Florida must file an
20 percent per year) and interest (at the floating market
annual return. “Solid mineral” as defined by law means
interest rate) are due upon the amount of any underpayment
all solid minerals including, but not limited to, clay, gravel,
of estimated tax. For additional information, see Form DR-
phosphate rock, lime, shells (excluding live shellfish), stone,
142ES.
sand, heavy minerals, and any rare earths that have been
Penalty for substantial underpayment: In addition to the
discovered or may be discovered in the future, which are
delinquency penalty, a deficiency which exceeds 35 percent
contained in the soils or waters of this state.
of the total tax due is subject to a “substantial underpayment”
When is the return due? The return is due on or
penalty of 30 percent of the underpayment.
before April 1st of the year following the taxable year.
electronic Funds Transfer (eFT): Any taxpayer who
(For example, the 2002 tax return is due on or before
April 1, 2003.)
paid more than $30,000 in severance taxes between July
1 and June 30 (the state’s fiscal year) is required to remit
When must the tax be paid? An estimated tax must
taxes by EFT in the following calendar year. For additional
be paid in installments during the tax year (see Form
information regarding EFT requirements and procedures,
DR-142ES). Any balance due with the annual return must
visit the Department’s Internet site or contact Taxpayer
be paid on or before April 1st of the year following the tax
Services (see “For Information and Forms”).
year.
amended returns: If you are filing an amended return, use
late filing of annual return: If the return and payment are
a blank Form DR-142 and check the “amended” box on the
late, a delinquent penalty of 10% of tax due will be assessed
front page. Complete your name, address, and the Federal
for each month, or fraction of a month that the return is late.
Employer Identification Number (FEIN). Enter the taxable
The assessed penalty can be no more than 50% of the tax
year of the amended return. Complete the form in its entirety,
due. A floating rate of interest applies to underpayments and
showing the total production of solid minerals for the taxable
late payments of tax. The rate is updated January 1 and July
year. On line 18a on the front of the form, list the estimated
1 of each year by using the formula established in Section
payments that were made, and the payment (if any) made
213.235, Florida Statutes. To obtain interest rates:
when the original return was filed. If line 19 results in
additional tax due, calculate penalties and interest from the
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Visit the Department’s Internet site at
original due date (April 1st) to the date the amended return
and payment are postmarked.
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Call Taxpayer Services, Monday – Friday, 8:00 a.m.
to 7:00 p.m., ET, at 800-352-3671 or 850-488-6800.
Mail your completed return and payment to:
Persons with hearing or speech impairments may call
Florida Department of Revenue
the TDD line at 800-367-8331.
5050 W Tennessee St
Tallahassee Fl 32399-0150
For Information and Forms
Information and forms are available on our
To speak with a Department of Revenue
Internet site at
representative, call Taxpayer Services,
Monday through Friday, 8 a.m. to 7 p.m., ET, at
800-352-3671 or 850-488-6800.
To receive forms by mail:
For a written reply to your tax questions, write:
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Order multiple copies of
Taxpayer Services
forms from our Internet site at
Florida Department of Revenue
/forms or
1379 Blountstown Hwy
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Tallahassee FL 32304-3716
Fax your form request to the DOR Distribution
Center at 850-922-2208 or
Persons with hearing or speech impairments
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Call the DOR Distribution Center at
may call the TDD line at 800-367-8331 or
850-488-8422 or
850-922-1115.
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Mail your form request to:
Department of Revenue service centers host
Distribution Center
educational seminars about Florida’s taxes.
Florida Department of Revenue
To get a schedule of upcoming seminars or to
168A Blountstown Hwy
register for one,
Tallahassee FL 32304-3702
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Visit us online at or
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Call the service center nearest you.
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