Submit Corporate Income Information
Section 220.27, Florida Statutes, requires an online submission of
additional tax information when a Florida corporate income/franchise tax
return is filed for a taxable year that begins between January 1, 2018,
and December 31, 2019. Most taxpayers will make two separate online
submissions (e.g., a calendar year-end taxpayer will generally make one
submission for taxable year ending December 31, 2018, and a second for
taxable year ending December 31, 2019).
Section 220.27(1)(c), F.S., allows an officer of the taxpayer or a person
duly authorized to act on the taxpayer's behalf, including an accountant,
to submit the information and certify that the information is true and
correct. A taxpayer who fails to provide the additional required
information by the required submission date is subject to a penalty of
$1,000 or 1 percent of the tax determined to be due, whichever is greater,
for each taxable year the information is required.