Florida Dept. of Revenue - Chapter 12C-1: Corporate Income Tax

Florida Proposed Rules

Rule Number: Rule Title
12C-1.022	Returns; Filing Requirement
12C-1.051	Forms

Next Step:	A workshop, if requested in writing, will be held at 10:00 am on August 14, 2025, in Room 1820 Building 1, 2450 Shumard Oak Boulevard in Tallahassee To request that a workshop be held, please send an email to rulecomments@floridarevenue.com.

Forms:	F-1120: Florida Corporate Income/Franchise Tax Return F-1120N: Instructions for - Corporate Income/Franchise Tax Return for taxable years beginning on or after January 1, 2025

Workshop Information:	August 14, 2025
Draft Rule Language:	August 14, 2025
Notice of Rule Development:	July 31, 2025 (Vol. 51, No. 148)

Purpose: The purpose of the draft amendment to Rule 12C-1.022, F.A.C. (Returns; Filing Requirement), is to incorporate legislative changes in sections 62 and 63, Ch. 2025-208, L.O.F., amending section 220.03(1)(e ), F.S., to exclude charitable trusts from the requirement to file a Florida corporate income/franchise tax return effective for taxable years beginning on or after January 1, 2026. The purpose of the draft amendment to Rule 12C-1.051, F.A.C. (Forms) is to update the annual forms.