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Worksheet for Completing Form DR-228
Complete the information requested and carry subtotals to the front of Example 2: A deed transferring interest in real property situated in any Florida
this tax return. county other than Miami-Dade is delivered for consideration of $404,105. Tax
Step 1. Notes and Other Written Obligations to Pay Money – Tax-Rate: calculation: 4,042 (taxable $100 units) x $.70 = $2,829.40.
$.35 per $100 or fraction thereof. Florida law limits the maximum tax due on 3b. Tax Subtotal $.______________________________________
notes and other written obligations to $2,450.
Example: A note of $252,150 is executed, signed, or delivered in Florida Steps 4a and 4b. Instruments Transferring Ownership Interest in a
and no mortgage or other lien is filed or recorded in Florida. Tax calculation: Conduit Entity (see s. 201.02(1)(b), F.S., and Rule 12B-4.060, F.A.C.) –
2,522 (taxable $100 units) x $.35 = $882.70. Tax-Rate: $.70 per $100 of consideration or fraction thereof in all counties
except Miami-Dade; Miami-Dade is $.70 per $100 and surtax of $.45 per $100
1. Subtotal $.______________________________________ (on real property other than a single-family dwelling held in the conduit entity)
of consideration or fraction thereof.
Step 2. Bonds – Tax-Rate: $.35 per $100 or fraction thereof.
Example: An instrument transferring ownership interest in a conduit entity
Example: A corporate bond in the amount of $100,000 is issued in Florida owning unimproved real property (not a single-family dwelling) situated
and no mortgage or other lien is filed or recorded in Florida. Tax calculation: in Miami-Dade County is delivered for consideration of $535,750. Surtax
1,000 (taxable $100 units) x $.35 = $350.00. calculation: 5,358 (taxable $100 units) x $.45 = $2,411.10.
2. Subtotal $.______________________________________ 4a. Surtax Subtotal $.____________________________________
Steps 3a and 3b. Instruments Transferring Interest in Florida Real Example: An instrument transferring interest in real property situated in
Property – Tax-Rate: $.70 per $100 of consideration or fraction thereof in all any Florida county, including Miami-Dade, is delivered for consideration of
counties except Miami-Dade; Miami-Dade is $.60 per $100 and surtax of $.45 $535,750. Tax calculation: 5,358 (taxable $100 units) x $.70 = $3,750.60.
per $100 (on real property other than a single-family dwelling) of consideration
or fraction thereof. 4b. Tax Subtotal $.______________________________________
Example: A deed transferring interest in unimproved real property (not Step 5. Surtax due (sum of steps 3a and 4a. Carry to line 4 on front of
a single-family dwelling) situated in Miami-Dade County is delivered for return.)
consideration of $535,750. Surtax calculation: 5,358 (taxable $100 units) x
$.45 = $2,411.10. $.______________________________________
3a. Surtax Subtotal $.______________________________________ Step 6. Documentary stamp tax due (sum of steps 1, 2, 3b, and 4b. Carry
Example 1: A deed transferring interest in real property situated in to line 5 on front of return.)
Miami-Dade County is delivered for consideration of $535,750. Tax $.______________________________________
calculation: 5,358 (taxable $100 units) x $.60 = $3,214.80.
Who must file a DR-228 tax return? This form is for nonregistered at $.60 per $100, or portion thereof, of the consideration paid or to be paid
taxpayers reporting documentary stamp tax on unrecorded documents. where the property transferred is a single-family residence; and at $.60 plus
Every person who executes or issues instruments described below and has $.45 surtax per $100, or portion thereof, of the consideration paid or to be
less than five taxable transactions per month may report documentary stamp paid where the property transferred is other than a single-family residence.
tax using this tax return. Penalty: If you are late filing your return or paying tax, add a late penalty of 10
What tax return do registered taxpayers use? Any person with five (5) or percent of the tax due for each month or portion of a month, not to exceed 50
more taxable transactions per month must register with the Department and percent of the tax due. Minimum penalty is $10.
file a DR-225 tax return. You can register to collect and/or report tax through Interest: Interest is due from the date tax is due until paid. Florida law
our Internet site at www.floridarevenue.com. The site will guide you through provides for a floating rate of interest that is established using a formula in
an application interview that will help you determine your tax obligations. If you section 213.235, Florida Statutes. Interest rates are updated on January
do not have Internet access, you can complete and submit Form DR-1, Florida 1 and July 1 of each year. To obtain interest rates go to the Department’s
Business Tax Application. Obtain Form DR-1 from your nearest Department of Internet site.
Revenue service center or call Taxpayer Services at 850-488-6800.
Resources: Visit the Department’s Internet site at www.floridarevenue.com
When are returns due? Returns and payments are due no later than the or call Taxpayer Services at 850-488-6800, Monday through Friday (excluding
20 thof the month following the execution month. Returns and payments
postmarked after the 20 th are late. However, if theth 20 falls on a Saturday, holidays).
Sunday, or state or federal holiday, returns will not be considered late if they Where to Send Payments and Returns:
are postmarked by the next business day. Make check payable to and send with return to:
Notes and Other Written Obligations to Pay Money: Tax is calculated at FLORIDA DEPARTMENT OF REVENUE
$.35 per $100 or portion thereof. Florida law limits the maximum tax due on 5050 W TENNESSEE ST
notes and other written obligations to $2,450. However, there is no limit on TALLAHASSEE FL 32399-0150
the tax due for recorded instruments such as a mortgage or other lien. Tax is Social security numbers (SSNs) are used by the Florida Department of
due on documents that contain a promise to pay, a sum certain in money, and Revenue as unique identifiers for the administration of Florida’s taxes.
are executed or delivered in Florida. Examples include:
• Notes and other written obligations to pay
• Retail installment sale contracts
• Leases with an unconditional promise to pay
• Title loans SSNs obtained for tax administration purposes are confidential under
• Certain renewal notes sections 213.053 and 119.071, Florida Statutes, and not subject to disclosure
Bonds: Tax is calculated at $.35 per $100 or portion thereof. Tax is due on as public records. Collection of your SSN is authorized under state and federal
the original issuance of bonds in Florida, based on the face value of the bond. law. Visit our Internet site at www.floridarevenue.com and select “Privacy
Instruments Transferring Interest in Real Property in Florida: For real Notice” for more information regarding the state and federal law governing the
property situated in all counties in Florida, except Miami-Dade County, tax collection, use, or release of SSNs, including authorized exceptions.
is calculated at $.70 per $100 or portion thereof, of the consideration paid or
to be paid. For real property situated in Miami-Dade County, tax is calculated
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