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F-1193T

R. 01/12

Page 2

Instructions for the Notice of Intent to

Transfer A Florida Energy Tax Credit

(Sections 220.191(2)(c), 220.192(6), or 220.193(3)(f), Florida Statutes)

Taxpayers may submit a Notice to Transfer A Florida Energy Tax

A taxpayer must retain documentary evidence that substantiates

Credit by completing and mailing Form F-1193T to:

and supports this credit and the Department may request the

evidence at a later date to verify the credit. Documentation

Florida Department of Revenue

includes, but is not limited to, a schedule tracking the credit

Revenue Accounting

amounts allocated and the use of such credits.

PO Box 6609

Tallahassee FL 32314-6609

Line by Line Instructions for Completing the Application

The Department of Revenue will send written certification

Check the box to indicate the credit you wish to transfer.

regarding the amount of the tax credit transferred within fifteen

Transferor Information

days after receipt of a completed notice. A copy of the letter from

Please provide the transferor's name, FEIN, address, and a contact

the Department certifying the amount of the credit transferred must

name, telephone number, and e-mail address.

be attached to the tax return on which the transferred tax credit is

claimed by the transferee.

Provide the beginning and ending dates of the tax year for which

the allocated or transferred credit was originally approved.

To transfer a Florida energy tax credit:

Enter the original amount of credit allocated or the transferred

•

You must submit this notice (Form F-1193T);

amount in the case of a previous transfer to the transferor.

•

For the Florida Renewable Energy Technologies Investment

Provide the amount of credit that the transferor previously claimed

Tax Credit (220.192), the transferor must have documentation

or transferred.

indicating the amount of credit approved by the Florida

Department of Environmental Protection or the Florida

Provide the tax year(s) in which the transferor claimed or

Energy and Climate Commission, or documentation from the

transferred the credit amount above.

Department of Revenue indicating a transferred amount in

Provide the amount of unused credit.

the case of a prior transfer. The Florida Renewable Energy

Technologies Investment Tax Credit, including credit carry

Provide the amount of the credit you want transferred.

forwards and transfers, expires and can’t be used in tax years

that end after December 31, 2012.

The number and/or amount of transfers is limited for the credits

authorized by sections 220.191(2)(c), F.S. and 220.193 F.S. See

•

You must not have claimed the credit amount you want to

previous section, “To transfer a Florida energy tax credit,” for

transfer on any tax return filed with the Department of Revenue;

details.

•

For the Florida Renewable Energy Production Tax Credit

Consolidated Return Filing Information

(220.193), the credit amount you want to transfer must be the

Complete this section if the transferor is included in a consolidated

whole amount of any unused credit or no less than 25 percent

Florida corporate income/franchise and emergency excise tax

of the unused credit except for a transfer due to a merger or

return (F-1120) for the tax year. Provide the name of the parent of

acquisition.

the consolidated group and its FEIN.

•

For the Florida corporate income tax Capital Investment

Transferee or Assignee Information

Tax Credit associated with a new solar panel manufacturing

project per section 220.191(2)(c), F.S., the amount of the tax

Please provide the corporation name, FEIN, address, and taxpayer

contact name, telephone number, and e-mail address.

credit that may be transferred in any year shall be the lesser

of the qualifying business’s Florida corporate income tax

Transferee’s Tax Year

liability for the year or the credit amount granted for the year.

Provide the beginning and ending dates of the transferee’s tax year

A business receiving the transferred credit (transferee) may

in which they will claim the credit against the Florida corporate

use the credit only in the year received, and the credit may

income tax.

not be used in any other tax year.

Consolidated Return Filing Information

You must have a letter from the Department certifying the credit

Complete this section if the transferee is included in a

transferred for the transfer to be valid.

consolidated Florida corporate income/franchise and emergency

You may only take the credit against the Florida corporate income

excise tax return (F-1120) for the tax year. Provide the name of the

tax and you must take it in the order described in s. 220.02(8),

parent of the consolidated group and its FEIN. This information will

F.S. A transfer by an ineligible person does not create a right to a

allow the Department to associate the credit allocation with the

corporate income tax credit.

related Florida corporate income tax return.

Form F-1193t - Notice Of Intent To Transfer A Florida Energy Tax Credit Corporate Income Tax Page 2

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