Form Dr-144 - Gas And Sulfur Production Quarterly Tax Return Page 6
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10DR-144
R. 07/12
Page 6
Instructions for Completing the Return
Schedule II: Complete this schedule if you are a producer of
(SFOs). More information about this credit and how
sulfur. Sulfur means any sulfur produced or recovered from the
to submit your Application for Tax Credit Allocation for
hydrogen sulfide gas contained in oil or gas production. Enter the
Contributions to Nonprofit Scholarship Funding Organizations
tons produced by county. Enter the county name where the sulfur
(SFOs) (Form DR-116000) is on our Internet site.
is produced. Enter the total tons on Line 8 and calculate the tax
The Department of Revenue must approve an allocation of
due.
this credit before it can be taken. One hundred percent of an
Schedule III: Complete this schedule if gas or sulfur royalties are
eligible contribution is allowed as a credit, but the amount of
due to the State of Florida for any production field on state-owned
the credit taken may not exceed 50 percent of the gross tax
lands. Enter the average value per unit of production for each
due reported on Line 6, Schedule I of the return. If the credit
month during the quarter.
granted is not fully used in any one fiscal year (July through
June), the taxpayer must apply for approval to carry forward
Line 11 (Gross Tax Due) – Enter the sum of Line 6 (Schedule I)
the credit in a subsequent year. An unused credit cannot be
and Line 10 (Schedule II).
carried forward more than five (5) years.
Line 12 (Payments and Other Credits):
Line 13 (Total Tax Due) – Subtract Line 12 (the sum of a, b, and
12a (Credit for Contributions to Nonprofit Scholarship
c) from Line 11 and enter the result.
Funding Organizations) – Enter your pre-approved credit for
Lines 14 and 15 (Penalty and Interest) – If the return and
contributions to nonprofit scholarship funding organizations.
payment are late, calculate the penalty and interest as previously
12b (Estimated Tax Payments) – Enter the total estimated tax
instructed.
payments made during the quarter.
Lines 17 and 18 (Credit and Refund) – If Line 13 is negative, you
12c (Other Credits) – Enter the total of all credit memos
have overpaid and may apply this amount to the next estimated
issued by the Department or the amount of overpayment
tax payment or apply for a refund. If you choose to receive
carried forward from the prior quarter.
a refund, a completed Application for Refund (Form DR-26)
must be submitted to the Department including documentation
A credit is available against the severance tax on gas for
establishing the overpayment.
contributions to nonprofit scholarship funding organizations
Sign and date your return and mail it with your payment to:
Florida Department of Revenue
5050 W Tennessee St
Tallahassee FL 32399-0150
If your payment is made by EFT, check the box on the coupon to
indicate you transmitted funds electronically.
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