Instructions For Form Dr-15ez - Sales And Use Tax Returns (Page 5 of 7) in pdf

allowances for damaged merchandise, tax paid by you on

Line 4. Total Tax Due

purchases of goods intended for use or consumption but

Enter the total amount of tax due including discretionary

sold by you instead, and any other deductions allowed by

sales surtax due. You must also report all discretionary

law. Do not include documentation with your return.

sales surtax due on Line B.

Line 6. Less Department of Revenue Credit

Lines 1 through 4 Instructions to

Memo

Report Tax on Sales and Purchases

Enter the total amount of any sales tax credit memo(s)

issued to you by the Department.

Line 1. Gross Sales

Line 7. Net Tax Due

Enter the total amount of gross sales. Do not include tax

collected in gross sales.

Enter the result of Line 4 minus Lines 5 and 6. If

negative, enter “0.” Claim any remaining balance of lawful

Line 2. Exempt Sales

deductions on Line 5 of your next return or any remaining

Enter the total amount of tax-exempt sales or rentals

credit memo balance on Line 6 of your next return.

included in Line 1. Enter “0” if none. Tax-exempt sales

You will not receive a credit if the total amount of lawful

are sales for resale, sales of items specifically exempt,

deductions (Line 5) plus the amount of sales tax credit

and sales to organizations that hold a Florida Consumer’s

memos (Line 6) is greater than the total tax due

Certificate of Exemption.

(Line 4). If the total amount of lawful deductions plus

Line 3. Taxable Sales/Purchases

credits is greater than the total tax due, reduce the

To determine Taxable Sales/Purchases (Line 3), subtract

amount of lawful deductions and credit memos claimed

Line 2 from Line 1 and then add any taxable purchases.

to equal the total tax due. You may report the remaining

Enter the result on Line 3. Any taxable sales and

amount of lawful deductions and credits (not to exceed

purchases not subject to discretionary sales surtax must

the net amount of tax due) on your next return. When you

also be reported on Line A.

file your FINAL return, complete an Application for

Refund - Sales and Use Tax (Form DR-26S) to obtain a

You owe “use tax” on taxable purchases of goods or

refund of the credit balance.

services you have used or consumed that were:

Line 8. Less Collection Allowance or

• Internet and out-of-state purchases not taxed by the

Plus Penalty and Interest

seller and NOT purchased for resale.

E-file/E-pay to Receive Collection Allowance

• Out-of-state or local purchases not taxed by a supplier

When you file and pay electronically and on time, you are

and NOT purchased for resale, whether ordered online,

entitled to deduct a collection allowance of 2.5% (.025)

from a catalog, or by telephone.

of the first $1,200 of the Amount Due (Line 7), not to

• Taxable items, originally purchased untaxed for resale,

exceed $30.

which you, your business, or employees used or

You are not entitled to a collection allowance if you file

consumed.

your return or make your payment by a method other than

Include use tax and discretionary sales surtax on

electronic means. More information on filing and paying

the return for the reporting period during which you

electronically is available at .

purchased, used, or consumed the item(s).

If you are entitled to a collection allowance, you

How to compute Line 3

may choose to donate the allowance to the Educational

Enhancement Trust Fund. This fund is used to purchase

Gross Sales

$1,000.00

up-to-date technology for classrooms in local school

Minus exempt sales

- $100.00

districts in Florida. If you are eligible and choose to donate

Equals taxable sales

$900.00

your collection allowance to education, check the “donate

Plus taxable purchases

+$50.00

to education” box and leave Line 8 blank. The Department

Equals Line 3

$950.00

will calculate the collection allowance and transfer that

amount to the Educational Enhancement Trust Fund. You

Line 4. Total Tax Due

must make this choice on each original and timely filed

Enter the total tax due including discretionary sales surtax

electronic return. You cannot make this choice after your

due. Also, report the discretionary sales surtax due on

electronic return is filed.

Line B. Use tax must be included on Line 4 of the return

for the reporting period during which the item is used or

Penalty

consumed.

For late returns and payments, the penalty is either:

• A minimum of $50 if 10% of Line 7 is less than $50 ,

Line 5. Less Lawful Deductions

Enter the total amount of all allowable tax deductions,

except sales tax credit memos issued by the Department

• 10% of the amount due on Line 7.

(reported on Line 6). Lawful deductions include tax

If your return or payment is late, the minimum penalty is

refunded by you to your customers for returned goods or

$50 even if you file a late return with no tax due.

Instructions For Form Dr-15ez - Sales And Use Tax Returns Page 5

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