Form Dr 228 – Fill Out and Use This PDF

Documentary Stamp Tax Return For

Nonregistered Taxpayers’ Unrecorded Documents

This return is for nonregistered taxpayers only and is due no later than the 20th

of the month following the execution month. SEE INSTRUCTIONS ON REVERSE SIDE.

DR-228

R. 01/16

Rule 12B-4.003

Florida Administrative Code

Effective 01/16

***DETACH COUPON***

Florida Department of Revenue

Documentary Stamp Tax Return For

Nonregistered Taxpayers’ Unrecorded Documents

Taxpayer Name________________________________________________________________________

Street Address ________________________________________________________________________

City/State/ZIP ________________________________________________________________________

County ____________________________________________

Under penalties of perjury, I declare that I have examined this tax return and the facts stated in it are true.

_________________________________________________________________ ________________

Signature of TaxpayerDate

_____________________________________________ (_______) ____________________________

4.Miami-Dade County Surtax Due (from Step 5 of the worksheet)

5.Documentary Stamp Tax Due (from Step 6 of the worksheet)

6.Penalty

(see instructions)

7.Interest

(see instructions)

8.Total Amount Due with Return (sum of Lines 4 through 7)

-

Complete the information requested and carry subtotals to the front of this tax return.

Step 1. Notes and Other Written Obligations to Pay Money – Tax-Rate: $.35 per $100 or fraction thereof. Florida law limits the maximum tax due on notes and other written obligations to $2,450.

Example: A note of $252,150 is executed, signed, or delivered in Florida and no mortgage or other lien is iled or recorded in Florida. Tax calculation: 2,522 (taxable $100 units) x $.35 = $882.70.

1. Subtotal $.______________________________________

Step 2. Bonds – Tax-Rate: $.35 per $100 or fraction thereof.

Example: A corporate bond in the amount of $100,000 is issued in Florida and no mortgage or other lien is iled or recorded in Florida. Tax calculation: 1,000 (taxable $100 units) x $.35 = $350.00.

2. Subtotal $.______________________________________

Steps 3a and 3b. Instruments Transferring Interest in Florida Real Property – Tax-Rate: $.70 per $100 of consideration or fraction thereof in all counties except Miami-Dade; Miami-Dade is $.60 per $100 and surtax of $.45 per $100 (on real property other than a single-family dwelling) of consideration or fraction thereof.

Example: A deed transferring interest in unimproved real property (not a single-family dwelling) situated in Miami-Dade County is delivered for consideration of $535,750. Surtax calculation: 5,358 (taxable $100 units) x $.45 = $2,411.10.

3a. Surtax Subtotal $.______________________________________

Example 1: A deed transferring interest in real property situated in Miami-Dade County is delivered for consideration of $535,750. Tax calculation: 5,358 (taxable $100 units) x $.60 = $3,214.80.

Example 2: A deed transferring interest in real property situated in any Florida county other than Miami-Dade is delivered for consideration of $404,105. Tax calculation: 4,042 (taxable $100 units) x $.70 = $2,829.40.

3b. Tax Subtotal $.______________________________________

Steps 4a and 4b. Instruments Transferring Ownership Interest in a Conduit Entity (see s. 201.02(1)(b), F.S., and Rule 12B-4.060, F.A.C.) –

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 (on real property other than a single-family dwelling held in the conduit entity) of consideration or fraction thereof.

Example: An instrument transferring ownership interest in a conduit entity owning unimproved real property (not a single-family dwelling) situated in Miami-Dade County is delivered for consideration of $535,750. Surtax calculation: 5,358 (taxable $100 units) x $.45 = $2,411.10.

4a. Surtax Subtotal $.____________________________________

Example: An instrument transferring interest in real property situated in any Florida county, including Miami-Dade, is delivered for consideration of $535,750. Tax calculation: 5,358 (taxable $100 units) x $.70 = $3,750.60.

4b. Tax Subtotal $.______________________________________

Step 5. Surtax due (sum of steps 3a and 4a. Carry to line 4 on front of return.)

$.______________________________________

Step 6. Documentary stamp tax due (sum of steps 1, 2, 3b, and 4b. Carry to line 5 on front of return.)

$.______________________________________

Who must ile a DR-228 tax return? This form is for nonregistered taxpayers reporting documentary stamp tax on unrecorded documents. Every person who executes or issues instruments described below and has less than ive taxable transactions per month may report documentary stamp tax using this tax return.

What tax return do registered taxpayers use? Any person with ive (5) or more taxable transactions per month must register with the Department and ile a DR-225 tax return. You can register to collect and/or report tax through our Internet site at www.mylorida.com/dor. The site will guide you through an application interview that will help you determine your tax obligations. If you do not have Internet access, you can complete and submit Form DR-1, Florida Business Tax Application. Obtain Form DR-1 from your nearest Department of Revenue service center or call Taxpayer Services at 800-352- 3671.

When are returns due? Returns and payments are due no later than the 20th of the month following the execution month. Returns and payments postmarked after the 20th are late. However, if the 20th falls on a Saturday, Sunday, or state or federal holiday, returns will not be considered late if they are postmarked by the next business day.

Notes and Other Written Obligations to Pay Money: Tax is calculated at $.35 per $100 or portion thereof. Florida law limits the maximum tax due on notes and other written obligations to $2,450. However, there is no limit on the tax due for recorded instruments such as a mortgage or other lien. Tax is due on documents that contain a promise to pay, a sum certain in money, and 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

•Certain renewal notes

Bonds: Tax is calculated at $.35 per $100 or portion thereof. Tax is due on the original issuance of bonds in Florida, based on the face value of the bond.

Instruments Transferring Interest in Real Property in Florida: For real property situated in all counties in Florida, except Miami-Dade County, tax 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

at $.60 per $100, or portion thereof, of the consideration paid or to be paid where the property transferred is a single-family residence; and at $.60 plus $.45 surtax per $100, or portion thereof, of the consideration paid or to be paid where the property transferred is other than a single-family residence.

Penalty: If you are late iling your return or paying tax, add a late penalty of 10 percent of the tax due for each month or portion of a month, not to exceed 50 percent of the tax due. Minimum penalty is $10.

Interest: Interest is due from the date tax is due until paid. Florida law provides for a loating rate of interest that is established using a formula in section 213.235, Florida Statutes. Interest rates are updated on January

1 and July 1 of each year. To obtain interest rates go to the Department’s Internet site.

Resources: Visit the Department’s Internet site at www.mylorida.com/dor or call Taxpayer Services, Monday through Friday, 8 a.m. to 7 p.m., ET, at 800-352-3671.

Where to Send Payments and Returns: Make check payable to and send with return to:

FLORIDA DEPARTMENT OF REVENUE 5050 W TENNESSEE ST TALLAHASSEE FL 32399-0150

Social security numbers (SSNs) are used by the Florida Department of Revenue as unique identiiers for the administration of Florida’s taxes.

SSNs obtained for tax administration purposes are conidential under sections 213.053 and 119.071, Florida Statutes, and not subject to disclosure as public records. Collection of your SSN is authorized under state and federal law. Visit our Internet site at www.mylorida.com/dor and select “Privacy Notice” for more information regarding the state and federal law governing the collection, use, or release of SSNs, including authorized exceptions.