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

Florida Proposed Rules

Rule Number: Rule Title
12C-1.051 Forms
Next Step:	At the March 29, 2022, meeting, the Governor and Cabinet approved the publication of the Notice of Proposed Rulemaking and subsequent adoption of the proposed rule if the substance of the proposed rule [including materials incorporated by reference, if any] remained unchanged upon reaching the date applicable to filing for final adoption pursuant to s. 120.54(3)(e)2., F.S. No substantive changes were made to the rule and the Department filed the rule for certification with the Department of State on May 3, 2022. This rule went into effect on May 23, 2022.

Forms:	F-1120: Florida Corporate Income/Franchise Tax Return F-1120A: Florida Corporate Short Form Income Tax Return F-1120N: Instructions for Corporate Income/Franchise Tax Return for taxable years beginning on or after January 1,2021) F-1120XN: Instructions for Preparing Form F-1120X Amended Florida Corporate Income/Franchise Tax Return

Certified Final Language:	May 23, 2022
Certification Package:	May 3, 2022
Certification Letter to JAPC:	April 25, 2022
Hearing Information:	April 21, 2022
Package Filed with JAPC:	April 1, 2022
Notice of Proposed Rule:	March 31, 2022 (Vol. 48, No. 63, pp. 1243-1244)
Cabinet Meeting for Hearing:	March 29, 2022
Notice of Public Meeting - Cabinet for Hearing:	March 18, 2022 (Vol. 48, No. 54, pp. 1049-1050)
Workshop Transcript:	September 23, 2021
Workshop Information:	September 23, 2021
Draft Rule Language:	September 23, 2021
Notice of Rule Development:	September 9, 2021 (Vol. 47, No. 175, p. 4127)

Purpose: The purpose of this rulemaking is to implement legislative changes, as well as general updates to conform with changes to the formatting of IRS form titles and numbers. These changes require revisions for four forms used to administer Florida Corporate Income Tax. The revised forms include Form F-1120A, Florida Corporate Short Form Income Tax Return; Form F-1120, Florida Corporate Income/Franchise Tax Return; Form F-1120N, Instructions for Corporate Income/Franchise Tax Return for taxable years beginning on or after January 1, 2021; and Form 1120XN, Instructions for Preparing Form F-1120X Amended Florida Corporate Income/Franchise Tax Return.