Form Dr 350111 – Fill Out and Use This PDF

The DR-350111 form, also known as the Intangible Tax Self-Audit Worksheet, is a comprehensive document designed to facilitate taxpayers in the state of Florida to self-report and calculate tax on intangible personal assets such as stocks, bonds, mutual funds, and loans not secured by real estate. It encompasses various schedules for different types of assets, instructions for tax calculations, exemptions, and interest penalties, providing a systematic approach for taxpayers to disclose their intangible property holdings and determine the tax due. If you hold intangible assets and are navigating through your tax obligations in Florida, clicking the button below to fill out your DR-350111 form might simplify the process for you.

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Form Dr 350111 PDF Details

The DR-350111 form stands as a meticulous document purposed for the self-audit of intangible taxes, primarily beneficial for taxpayers within Florida. By covering a comprehensive spectrum of intangible assets such as bonds, stocks, mutual funds, loans, and trusts, the form facilitates taxpayers in accurately evaluating their tax liabilities. The form is methodically divided into several sections, each designed for the detailed enumeration and valuation of different categories of intangible assets. Taxpayers and their spouses are required to provide personal details including names and Social Security Numbers (SSNs) alongside the precise financial data of their intangible properties. Importantly, it states clear directives for calculating tax due, including exemptions and adjustments based on the asset's total value, thereby streamlining the intricate process of tax calculation. Additionally, it includes provisions for calculating interest on overdue taxes, ensuring that taxpayers can account for any additional charges stemming from delayed payments. The form underscores the state's requirement for filing tax returns and emphasizes the conditions under which individuals are mandated to complete this obligation. Moreover, it elucidates the criteria for exemptions, significantly aiding taxpayers in understanding which assets might be exempt from taxation. Detailed instructions accompany every segment to aid in accurate completion, ensuring taxpayers can self-audit and determine their tax responsibilities effectively. This form is a crucial tool for those seeking to comply with Florida's tax regulations, providing a structured approach to declaring intangible assets and calculating subsequent tax liabilities.

Question	Answer
Form Name	Form Dr 350111
Form Length	8 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	2 min
Other names	Intangible Tax Self Audit Worksheet tax audit worksheets form

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Intangible Tax Self-Audit Worksheet – _____

DR-350111

R.06/07 Page 1 of 8

Name of taxpayer

Name of spouse

Address

City, State, ZIP

Taxpayer SSN	Spouse SSN

DR/SATS NO

	FOR DEPARTMENT USE ONLY
DOC: 21	TAX: 03

SCHEDULE A

DOLLARS

CENTS

1.	Bonds (from Schedule B, Line 9)	1.
2.	Stocks, mutual funds, money market funds and
	limited partnership interest (from Schedule C, Line 10)	2.
3.	Loans, notes and accounts receivable
	(from Schedule D, Line 11)	3.
4.	Beneicial interest in any trust (from Schedule E, Line 12)	4.

5.	Total taxable assets (total of Lines 1 through 4)	5.		,
6.	Tax due (from Tax Calculation Worksheet, Page 2, Line 6E)		6.
7.	Interest
	(from Interest Calculation Worksheet, Page 4, Line 13)		7.
8.	Penalty (not applicable)		8.
9.	Total due (Line 6 + Line 7)		9.

FOR YEARS 1999 AND AFTER, IF YOUR TAX DUE IS LESS THAN $60.00,

YOU ARE NOT REQUIRED TO PAY THE TAX DUE.

You may reproduce this self-audit form as necessary for disclosing your liability for years other than the target year. Should you have additional questions, please call our service center at 850-488-0810 and ask to speak with a tax auditor.

______________________________________	_____________________________________	______________________________________
Taxpayer signature	Spouse signature	Telephone number
______________________________________	_____________________________________	______________________________________
Date	Individual or irm preparing the worksheet	Telephone number

THIS WORKSHEET MUST BE RETURNED

TO CLEAR YOUR ACCOUNT.

YOUR RESPONSE IS REQUIRED WITHIN 30 DAYS.

Make checks

payable to: Florida Department of Revenue

Mail to: TALLAhASSEE CENTRAL SERvICE CENTER P.O. BOX 6417

TALLAhASSEE, FL 32314-6417

Neither foreign currency nor funds drawn on other than U.S. banks will be accepted. Florida law requires a service fee for returned checks or drafts of ﬁfteen ($15.00) dollars or ﬁve (5%) percent of the face amount, whichever is greater, not to exceed $150.00 (s. 215.34(2), F.S.)

www.mylorida.com/dor

Intangible Tax Self-Audit Worksheet –

DR-350111

R.06/07 Page 2 of 8

Name of taxpayer:

Social security number:

Name of spouse:

Social security number:

TAX CALCULATION WORKSHEET													[Complete only one (1) column below]

Filing status					Step 1						INDIVIDUAL						JOINT

	If your taxable assets from								BOX A					BOX B		BOX C			BOX D
	If your taxable assets from
		Schedule A, Line 5 are:
		Schedule A, Line 5 are:						$100,000 or less				Greater than $100,000				$200,000 or less		Greater than $200,000
								$100,000 or less				Greater than $100,000				$200,000 or less		Greater than $200,000

6A.	Taxable assets				Step 2			$________________					$________________			$________________		$________________
	(Schedule A, Line 5)

6B.	Times tax rate								X______					X______		X______			X______
					Step 3
6C.	Gross tax				Step 3			$________________					$________________			$________________		$________________
	(Multiply Line 6A x Line 6B)

6D.	Less exemption								– $______					– $______		– $______			– $______
					Step 4
6E.	Net tax				Step 4			$________________					$________________			$________________		$________________
	(subtract Line 6D from Line 6C.)
	If less than zero, enter (-0-)

						CARRY TOTAL TAX DUE TO SCHEDULE A, LINE 6, PAGE 1

							TAX RATES AND EXEMPTION SCHEDULE

					INDIvIDUAL											JOINT
			Assets $ 100,000 or Less			Assets Greater than $ 100,000								Assets $ 200,000 or Less			Assets Greater than $ 200,000
TAX YEAR			RATE	EXEMPTION			RATE			EXEMPTION				RATE	EXEMPTION		RATE		EXEMPTION
1984-1990			.001	$	20.00		.0010			$	20.00			.001	$	40.00	.0010		$	40.00
1991-1992			.001	$	20.00		.0015			$	70.00			.001	$	40.00	.0015		$	140.00
1993-1999			.001	$	20.00		.0020			$	120.00			.001	$	40.00	.0020		$	240.00
2000			.001	$	20.00		.0015			$	70.00			.001	$	40.00	.0015		$	140.00
2001-2003			.001	$	20.00		.0010			$	20.00			.001	$	40.00	.0010		$	40.00
				INDIvIDUAL - assets any amount											JOINT - Assets any amount
2004-2005							.0010			$	250.00						.0010		$	500.00
2006							.0005			$	125.00						.0005		$	250.00

ENTER APPROPRIATE RATE AND EXEMPTION IN ShADED AREAS IN ThE TAX CALCULATION WORKShEET ABOvE

	BONDS
SCHEDULE B	Name of issuer, series

List alphabetically, one bond per line

Face Value	Interest
Per Bond	Rate
(A)	(B)

Maturity

Date

(C)

Number Per $100.00

Owned Value

(D)(E)

Total Taxable

Amount January 1, _____

9.TOTAL BONDS

Attach additional schedule if necessary. Photocopies of this schedule are acceptable.

CARRY THIS AMOUNT TO SCHEDULE A, LINE 1, PAGE 1

www.mylorida.com/dor

Intangible Tax Self-Audit Worksheet –

DR-350111

R.06/07 Page 3 0f 8

Name of taxpayer:	Social security number:

Name of spouse:	Social security number:

SCHEDULE C	STOCKS, MUTUAL FUNDS, MONEY MARKET FUNDS						Stock Code
SCHEDULE C		AND LIMITED PARTNERSHIP INTERESTS					Do not write
		AND LIMITED PARTNERSHIP INTERESTS					in this space

			Class	Number	Just Value	Total
Name of Company Issuing Stocks			Common	of	Per	Just Value	Veriﬁed
(List alphabetically - do not abbreviate)			or	Shares	Share	January 1, _____	By
			Preferred	(A)	(B)	(A x B)





















10. TOTAL VALUE OF STOCKS
Attach additional schedule if necessary. Photocopies of this schedule are acceptable.
CARRY THIS AMOUNT TO SCHEDULE A, LINE 2, PAGE 1					10.

Form Dr 350111 – Fill Out and Use This PDF

Form Dr 350111 PDF Details

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