Form Dr 123 PDF Details

Form DR-123 is a tax form used to report the sale or exchange of property. The form reports the gain or loss from the sale or trade of assets, such as stocks, bonds, and real estate. The form must be filed with the IRS within 45 days of the sale date. Taxpayers can use Form DR-123 to calculate their taxable gain or loss on the sale. Generally, taxpayers are required to pay taxes on any gains from the sale of property but may be able to deduct losses from their taxable income.

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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

Form Preview Example

Partial Exemption for Motor Vehicle Sold

to Resident of Another State



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 __________________________________________________________________________________________________





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.


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 ______________________________________________________________________________________________________


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 .

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


_______,_______, 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 __________________________


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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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