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  • Fl Dor Dr-225 2023

Get Fl Dor Dr-225 2023-2025

DR225 R. 01/16Documentary Stamp Tax Return For Registered Taxpayers Unrecorded Documents Mail to: FLORIDA DEPARTMENT OF REVENUE 5050 W TENNESSEE ST TALLAHASSEE FL 323990170Rule 12B4.003 Florida Administrative.

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A cover letter is recommended. Documentary Stamp Tax at $. 70 per $100, rounded up, based on the total purchase price.

When you electronically file and pay on time, you may take a collection allowance. Be sure to calculate it correctly. The collection allowance is 2.5% (.025) of the first $1,200 of tax due, not to exceed $30 for each reporting location.

How do I calculate transfer tax in Florida? The transfer tax rate is equal to 70 cents per $100 of the deed's consideration. For example if a property is purchased for $200,000, first divide the sales price by $100, then multiply by . 70 for a total of $1,400 for documentary tax stamps.

Documentary Stamp Tax and Mortgages The Florida documentary stamp tax is also charged on mortgage transfers. The price can vary slightly, but it's usually $. 35 per $100 for the remaining mortgage cost. This does mean that mortgages with less remaining will incur less of a Florida transfer tax.

There's no Florida capital gains tax — but if you're selling a home in Florida, you'll be responsible for paying federal capital gains tax. The amount you'll pay depends on numerous factors, including how long you've owned the home.

In every county except Miami-Dade, the Florida transfer tax is 0.7% of the purchase price of the home. In Miami-Dade County, the tax rate is 0.6%.

Documentary stamp tax is payable by any of the parties to a taxable transaction. If one party is exempt, the tax is required of the nonexempt party. United States government agencies; Florida government agencies; and Florida's counties, municipalities, and political subdivisions are exempt from documentary stamp tax.

The controlling interest transfer tax is imposed on the person selling or transferring the controlling interest at the rate of 1.11% of the present true and actual value of the interest in real property possessed, directly or indirectly, by the entity.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232