Form F-2220 Underpayment of Estimated Tax on Florida Corporate Income / Franchise Tax - Florida

What Is Form F-2220?

This is a legal form that was released by the Florida Department of Revenue - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form F-2220?
A: Form F-2220 is a tax form used by Florida corporations to report and calculate underpayment of estimated tax on their corporate income and franchise tax.

Q: Who needs to file Form F-2220?
A: Florida corporations who have underpaid their estimated tax on their corporate income and franchise tax are required to file Form F-2220.

Q: When is Form F-2220 due?
A: Form F-2220 is due on or before the 15th day of the 5th month following the end of the tax year.

Q: How is the underpayment penalty calculated?
A: The underpayment penalty is calculated based on the amount of underpayment and the interest rate determined by the Florida Department of Revenue.

Q: Are there any other forms or documents that need to be filed along with Form F-2220?
A: Yes, you may need to include additional schedules and supporting documents depending on your specific tax situation. Please refer to the instructions provided with the form for more information.