Instructions For Form Dr-908 - Florida Insurance Premium Taxes And Fees Return

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DR-908N
Instructions For Preparing Form DR-908
R. 01/15
Florida Insurance Premium Taxes and Fees Return
Rule 12B-8.003
Florida Administrative Code
For Taxable Year Beginning on or After January 1, 2014
Effective 01/15
General Instructions
Part One
Electronic Filing
You are able to file and pay insurance premium tax electronically
Taxpayers Required to File Form DR-908
using the Department’s secure website. Online electronic filing
Under Chapter 624, Florida Statutes (F.S.), every authorized
offers the uploading of Schedule XII, Firefighters’ Pension Trust
domestic, foreign, and alien insurer engaged as indemnitor,
Fund, and Schedule XIII, Municipal Police Officers’ Retirement
surety, or contractor in the business of entering into contracts
Trust Fund, automatic calculations, and automatic entry for
of insurance or annuity in Florida shall annually remit a tax
data appearing in more than one schedule. If you paid $20,000
on insurance premiums, premiums for title insurance, or
or more in tax during the State of Florida’s prior fiscal year
assessments, including membership fees and policy fees
(July 1, 2013 – June 30, 2014), you are required to file and pay
and gross deposits received from subscribers to reciprocal
electronically. Insurers are encouraged to file electronically and
or interinsurance agreements, and on annuity premiums or
take advantage of the opportunity to save resources. Insurers
considerations issued in the State of Florida. Additionally, every
can obtain a waiver by calling 800-352-3671. Please visit our
authorized domestic, foreign, and alien insurer shall report its
website at for more information.
gross underwriting profit on wet marine and transportation
Important: Please verify that the Federal Employer Identification
insurance, as defined in section (s.) 624.607(2), F.S., written in the
Number (FEIN) is correct on your tax return and that it exactly
State of Florida during the preceding calendar year. In addition
matches the FEIN under which your funds are electronically
to the premium/underwriting profit taxes imposed under Chapter
transmitted. If you are transmitting funds for more than
624, F.S., an excise tax is levied by each municipality or special
one account, ensure accurate credit by making separate
fire control district described and classified in ss. 175.041 and
transmissions for each account.
185.03, F.S., on every authorized insurer engaged in the business
of property insurance and casualty insurance, respectively, in
Attachments and Statements
the State of Florida. Every domestic, foreign, and alien insurer
A copy of the Florida Business Page from the Annual Statement
authorized to engage in the business of fire insurance in the State
must be attached to Form DR-908 when it is filed. If you are
of Florida shall be subject to a regulatory assessment on policies
claiming the salary tax credit, you must also submit copies
of fire insurance issued and insuring property in the State of
of the Department of Revenue Form RT-6 (formerly UCT-6)
Florida.
for each quarter of credit claimed and a copy of Form RTS-71
(formerly UCS-71) if applicable. If you electronically file Forms
The premium/underwriting profit taxes, excise taxes, and
RT-6 (Employer’s Quarterly Report) and RTS-71 (Quarterly
regulatory assessment must be reported and filed on Form
Concurrent Employment Report), you may substitute printouts
DR-908. Form DR-908 should NOT be filed for each Florida
of your quarterly electronic filings when those printouts include
location of an insurer unless the location has its own Federal
the company name, FEIN, and reemployment tax number of the
Employer Identification Number (FEIN). If you need additional
entity for which the electronic filing was submitted; the name
assistance in completing Form DR-908, please call 800-352-3671.
of each employee; and each employee’s gross wages, excess
When and Where to File Form DR-908
wages not subject to tax, and net taxable wages. If Form RTS-71
Form DR-908 is due on or before March 1 each year.
is electronically filed for concurrent employees, a breakout by
Mail your completed Form DR-908 and payment to:
company should be included. Department of Financial Services’
Florida Department of Revenue
Carrier and Self Insurance Fund Quarterly Premium Reports
5050 W Tennessee St
must be attached if you wrote workers’ compensation insurance.
Tallahassee FL 32399-0150
(Forms RT-6 and RTS-71 are incorporated by reference in
Department of Economic Opportunity Rule 73B-10.037, Florida
If there is an overpayment to be refunded (Line 17), mail your
Administrative Code.)
completed Form DR-908 to:
Florida Department of Revenue
Several credits, in addition to the salary tax credit and workers’
PO Box 6440
compensation administrative assessment credit, require
Tallahassee FL 32314-6440
certifications and/or other documents to be attached to Form
DR-908 in order to claim that particular credit (see Part Two,
A return will be considered timely filed if it is postmarked by the
“Specific Instructions”).
U.S. Postal Service on or before the applicable due date. If the
due date falls on a Saturday, Sunday, or state or federal holiday,
For any insurer required to compute retaliatory tax, a copy of the
the return will be considered timely filed if it is postmarked the
state of incorporation’s Insurance Premium Tax Return, Corporate
next business day.
Income Tax Return, and any other applicable returns or
schedules calculated using Florida premium volume, personnel,
Taxable Year
and property should be attached.
The taxable year for the Insurance Premium Taxes and Fees
Return (Form DR-908) is based on a calendar year ending
If you wrote bail bond premiums, the Notes to the Financial
December 31.
Statements in the Annual Statement must be attached to this
return as the gross premiums written are subject to premium tax,
Payment of Tax
not the net figure required to be reported on the Florida Business
The balance of tax shown to be due on the return must be paid in
Page.
full with the return. Failure to pay the tax on time will subject the
taxpayer to assessment of penalties and interest.

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