Form Dr 123 PDF Details

In the context of out-of-state vehicle purchases, the Dr 123 form, formally known as the "Partial Exemption for Motor Vehicle Sold to Resident of Another State Affidavit," serves a crucial role within the state of Florida's regulatory framework. As per Rule 12A-1.097, F.A.C., and effective from January 2021, this affidavit facilitates the partial tax exemption for vehicles sold to nonresidents who intend to promptly remove the vehicle from Florida. To qualify for this exemption, the document stipulates that the vehicle must be transported out of Florida within 45 days of purchase and not return for at least 180 days, unless it is under a corporate or partnership ownership with no Floridian officer or significant stockholder. It requires detailed information about the buyer, the seller, and the vehicle itself, including the make, model, and year, alongside the vehicle identification and motor numbers. Moreover, it outlines the responsibilities of the purchaser regarding the payment of sales tax to Florida, with the potential for additional taxes owed if the vehicle is registered in a state with a higher tax rate or if tax credits are not applicable. This affidavit ensures that all parties are informed about their obligations and the specifics of the sales tax situation, relying on a notarized confirmation of the provided information to protect all involved entities.

QuestionAnswer
Form Name Form Dr 123
Form Length 1 pages
Fillable? No
Fillable fields 0
Avg. time to fill out 15 sec
Other names florida dr 123, fillable dr 123, dr 123 fillable, dr123

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Partial Exemption for Motor Vehicle Sold

to Resident of Another State

Affidavit

DR-123

R. 01/21

Rule 12A-1.097, F.A.C. Effective 01/21

State of Florida, County of ________________________________________

Name of Nonresident Purchaser _________________________________________________________________________________________

State of Residence and

Address of Purchaser __________________________________________________________________________________________________

(Street)

(City)

(State)

(ZIP)

If the nonresident purchaser is a corporation or partnership, an officer or partner

must acknowledge the following to qualify for the

partial exemption:

 

 

 

qThe vehicle will be removed from this state within 45 days of purchase and will remain outside this state for a minimum of 180 days.

OR

If the vehicle is not removed from this state, an officer or partner in the nonresident corporation or partnership must certify the following:

qThere is no officer that is a resident of this state.

qThere is no stockholder who owns at least 10% of the corporation that is a resident of this state.

qThere is no partner in the partnership who has at least 10% ownership of the partnership that is a resident of this state.

Name of Seller ________________________________________________________________________________________________________

Address of Seller ______________________________________________________________________________________________________

(Street)(City)(State)(ZIP)

Seller’s Sales Tax Registration Number_____________________________________ Date of Sale___________________________________

Description of Motor Vehicle:

Make___________________________________________Model __________________________________________Year__________________

Vehicle Identification Number _______________________________________ Motor Number ______________________________________

Sales Price________________________________________________________ Trade-In Allowance __________________________________

Florida Sales Tax Paid: ___________________________________________________________

This vehicle will be licensed in the State of ______________________ within forty-five (45) days after the date of purchase.

I, ___________(Purchaser's Initials) understand I may owe sales tax to the State of _________________________ where the vehicle

will be registered or licensed:

•if a credit for sales tax paid to the State of Florida is not allowed, or

•if the tax rate is higher than 6%.

I understand sales tax is being paid to the State of Florida and not to any other state.

Note: Tax Information Publication Motor Vehicle Sales Tax Rates by State is available on the Department's website at

floridarevenue.com/taxes/tips .

Sworn to (or affirmed) and subscribed before me by means of __ physical presence or __ online notarization on this _____________ of

(Day)

_______,_______, by ____________________________ (nonresident purchaser).

(Month) (Year)

______________________________________________

________________________________________________

Signature of Nonresident Purchaser

Signature of Notary Public

Personally known ____________________________________ Or,

 

Produced identification __________________________________

________________________________________________

 

Print, Type or Stamp Commissioned Name of Notary Public

Type of identification produced __________________________

 

How to Edit Form DR-123 Online for Free

You'll find nothing hard related to completing the dr123 fillable using our PDF tool. By following these simple steps, you will receive the ready PDF file within the least time frame feasible.

Step 1: To get started, select the orange button "Get Form Now".

Step 2: Now you are on the document editing page. You can modify and add text to the file, highlight words and phrases, cross or check particular words, include images, sign it, get rid of unrequired areas, or eliminate them altogether.

The next sections are what you will have to fill in to get the finished PDF file.

dr123 empty spaces to fill out

Inside the box Vehicle Identification Number, Sales Price TradeIn Allowance, Florida Sales Tax Paid, This vehicle will be licensed in, if a credit for sales tax paid to, I understand sales tax is being, Note Tax Information Publication, Sworn to or affirmed and, by nonresident purchaser Month, Signature of Nonresident, Personally known Or, and Produced identification Print enter the data which the program asks you to do.

Entering details in dr123 stage 2

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