Form DR-145 Oil Production Monthly Tax Return - Florida

What Is Form DR-145?

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 DR-145?
A: Form DR-145 is the Oil Production Monthly Tax Return used in Florida.

Q: Who needs to file Form DR-145?
A: Oil producers in Florida need to file Form DR-145.

Q: What is the purpose of Form DR-145?
A: The purpose of Form DR-145 is to report and pay the monthly tax on oil production in Florida.

Q: When is Form DR-145 due?
A: Form DR-145 is due on the 20th day of the month following the month in which the oil production occurred.

Q: What information do I need to complete Form DR-145?
A: You will need information such as the amount of oil produced, the location of the oil well, and the price of oil per barrel.

Q: Are there any penalties for late filing of Form DR-145?
A: Yes, there are penalties for late filing of Form DR-145, including possible interest charges on unpaid taxes.

Q: Is there a minimum threshold for the oil production tax?
A: Yes, there is a minimum threshold for the oil production tax. You must have produced at least 10 barrels of oil in a month to be subject to the tax.

Q: What if I have questions or need assistance with Form DR-145?
A: If you have questions or need assistance with Form DR-145, you can contact the Florida Department of Revenue for guidance.