Florida DOR Releases Excise Tax Form DR-225, Documentary Stamp for Registered Taxpayers’ Unrecorded Documents, Instructions

The Florida Department of Revenue (DOR) Jan.1 released excise tax Form DR-225, Documentary Stamp for Registered Taxpayers’ Unrecorded Documents, with instructions. The DOR instructs taxpayers to file a return even if no tax is due. The form includes information about: 1) who must file the tax return; 2) when tax returns and payments are due; 3) how the tax is calculated generally; and 4) how the tax is calculated with respect to instruments transferring interest in Florida real property. The DOR clarifies that a taxpayer must file and pay electronically if they paid $5,000 or more in documentary stamp tax ...