Does a not-for-profit corporation have to file a corporate income tax return?

Not-for-profit corporations are subject to corporate income tax. However, a not-for-profit corporation that is exempt from federal taxation under Internal Revenue Code section 501(c)(3) is only required to file a Florida Corporate Income Tax Return (Florida ​Form F-1120) if the corporation:

  • Has unrelated business taxable income; or
  • Files federal forms 1120-C or 990-T with the Internal Revenue Service.

Starting with taxable years beginning January 1, 2026, or later, this filing requirement does not apply to charitable trusts.

To learn more about Florida corporate income tax, visit the Department’s Florida Corporate Income Tax webpage​.

References: Section 220.22, Florida Statutes; and Rule 12C-1.022(1)(e), Florida Administrative Code​​​​​​​​​​​​​
Category: General Tax
Sub-Category: Corporate Income Tax
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