Form F-1158Z Fillable Enterprise Zone Property Tax Credit with Instructions R.08/13
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)

$ $ $ (a) Florida health maintenance organization credit (a) $ (a) Throughout the current tax year for which the credit is claimed 1 (a) (a) Throughout the current tax year for which the credit is claimed 2 (a) (b) Capital investment tax credit (b) $ (b) Throughout the tax year preceding the tax year that the credit was (b) Total number of full time permanent employees at the business location (b) (b) Unused credit carryover available from prior tax years from Line 9 (b) $ (c) Divide Line (a) by Line (b) and enter here to determine whether the (c) Enterprise zone jobs credit (c) $ (c) Total number of additional full time employees throughout the current (d) Community contribution tax credit (d) $ (d) To qualify for the credit Line (c) must be five or more (Limited to $25 000 or $50 000 ) Ad Valorem Tax on: Date of Payment (see instructions) Ad Valorem Tax Paid Ad valorem taxes paid means 96 percent of property Date Signature of Enterprise Zone Coordinator Title Date Signature of Officer Title Enter amount on Florida Form F 1120 Schedule V 15 $ Expansion of an existing business means any business For Calendar Year For Each Location (attach list) initially granted (b) location who are residents of an enterprise zone (attach listing) New business means any business that operates order of time (see instructions) Other taxable year beginning and ending Rebuilding of an existing business means any business tax year for which the credit is claimed: Line (a) minus Line (b) (c) Total number of full time employees employed at the business location: Total number of full time employees employed: Total other credits against the tax [add Lines (a) through (d)] 11 $ was created unused credit intervening tax years available this year (a) Tax year the unused credit (b) Amount of the (c) Amount applied in (d) Balance of unused credit 1 ( ) New business location within an enterprise zone 10 Enter amount of total tax due from Florida Form F 1120 Page 1 Line 11 10 $ 11 Enter the following credits from Florida Form F 1120 Schedule V: 12 Tax liability limitation (subtract Line 11 from Line 10) 12 $ 13 (a) Credit allowable for ad valorem taxes paid this year from Line 7 (a) $ 14 Total amount of credit available this year [total of Lines 13(a) and 13(b)] 14 $ 15 Enterprise zone property tax credit (lesser of Line 14 or Line 12) 2 ( ) Expansion of an existing business location within an enterprise zone 3 ( ) Rebuilding of an existing business located in an enterprise zone 4 ( ) (a) Number of full time permanent employees employed at the business 4 (a) 5 Real Property $ 6 Tangible Personal Property 7 Total (add Lines 5 and 6) $ 8 Enter below the amount of unused credit carryover from each of the five preceding tax years in 9 Total amount of unused credit carryover available this tax year $ acquired to set up a new business and to facilitate a Address of Location (attach separate list for each location) allowable is the total tax due on Line 10 minus the total amount of credit allowable each year under this program An emergency means widespread or severe damage An enterprise zone property tax credit is authorized upon an affirmative demonstration by the taxpayer and attach it to the tax return for each year you claim the and belief and equipment approved to do business in Florida subject to the Florida April 1 of the year in which new or other real or tangible assistance subject to the auditing and reporting Attach to available this tax year which is the sum of the amounts in available to a new business the year in which ad valorem available to an expanded or rebuilt business the year in because this calculation is limited to levies for business expansion Ad valorem taxes paid also means Business is a small business as defined business located within an enterprise zone the maximum business location are residents of an enterprise zone the business meets the 20% criteria (c) business the term business means any business entity by section (s ) 288 703 Florida Statutes (F S ) calculate the credit annually on the additional ad carryover in a later year when the limitation exceeds the carryovers apply the unused credit carryover from the certain credits are applied Therefore enter on Lines 11(a) clearly separate from any other commercial or industrial corporate income or franchise tax liability for the taxable created start with oldest year In applying unused credit credit a new expanded or rebuilt business must file Form credit carryover available this year on Line 9 credit for such year Credit Limitations credit Second attach to your tax return a copy of Form credits from Florida Form F 1120 Schedule V Enter the damaged business including pollution and waste control DR 456 Notice of New Rebuilt or Expanded Property DR 456 with the property appraiser of the county where e mail at flaudgen@aud state fl us employees at the business location than it had in the employment requirement must be maintained for each Enter below the amount of ad valorem taxes paid this year Attach copies of the validated receipts for the ad valorem taxes paid enterprise zone Enterprise Zone Property Tax Credit expands by or through additions to real and tangible expansion For the rebuilding of an existing business F 1158Z F 1158ZN facilities or any other part of it This may include one or Federal Employer Identification Number (FEIN) Enterprise Zone Identifying Numbers filed with the property appraiser Lastly attach copies of five or more additional full time employees in Florida Florida Administrative Code following steps First complete Florida Form F 1158Z For a new business the credit is calculated annually on for profit organizations) For more information refer to For the expansion of an existing business you must Form F 1120 franchise tax on banks and savings associations from assessments on property replaced or restored from Florida Form F 1120 Page 1 Line 11 full time employees in Florida General Instructions have been met http://www myflorida com/audgen/pages/flsaa htm I certify that this Application contains the information required in section 220 182 F S and meets the criteria established as eligible to If you do not fully use the credit granted in any one in an area designated as an enterprise zone on a site In entering the years the unused credit carryovers were In the following definitions of a new expanded or rebuilt Income Tax Return) injury or loss of life or property occurring and proclaimed Instructions for Florida Form F 1158Z interest penalties or discounts forgone Levies for debt Line 10 The credit must be applied against the Line 11 The amount of credit allowable is limited to Line 12 The tax liability limit on the amount of credit Line 12) Enter this amount on Florida Form F 1120 Line 15 The enterprise zone property tax credit that Line 6) on this line Line 7 Enter the total ad valorem taxes paid (Line 5 plus Line 8 Complete the table to determine the balance of Line 9 Enter the total amount of unused credit carryover Lines 13 and 14 The total amount of credit available Lines 5 and 6 Enter the date of payment and the taxes located in an area designated as an enterprise zone located in an area designated as an enterprise zone that maximum credit must not exceed $50 000 more buildings or other structures machinery fixtures more of the permanent full time employees at the must not exceed $25 000 However if 20 percent or Name (As shown on your Florida Form F 1120 Corporate of credit available this year (from Line 14) or the limit on of the Auditor General Chapter 10 650 (nonprofit and oldest year first on new or added real and tangible personal property operating purposes only In addition for purposes of operations owned by the same business It also employs or contact the Auditor General at (850) 488 5534 or by other credits against the tax on Line 11 paid on Line 5 for real property and on Line 6 for tangible Part I Qualification for credit Part I Qualification for credit (see instructions) Part II Credit allowable for ad valorem taxes Part II Credit allowable for ad valorem taxes paid this year (see instructions) Part III Unused credit carryover from prior tax years Part III Unused credit carryover from prior tax years (see instructions) Part IV Tax liability and tax year limitation Part IV Tax liability and tax year limitation (see instructions) Part V Enterprise zone property tax credit for this Part V Enterprise zone property tax credit for this year (see instructions) period not to exceed five years You may use the credit personal property personal property acquired for expansion or rebuilding personal property and employs five or more additional personal property is subject to ad valorem assessment preceding year to qualify for the initial credit This property acquired property acquired to rebuild or restore a destroyed or property destroyed or damaged in an emergency in the R 08/13 R 08/13 receive an enterprise zone property tax credit requirements of the Florida Single Audit Act under resulting from assessments on additional real and Rule 12C 1 051 Schedule I Page 3 Line 8 section (s ) 215 97 Florida Statutes (F S ) and Rules service are not included in the credit calculation tangible personal property acquired to facilitate such taxes are first levied against the business The credit is taxes levied for operating purposes and must not include taxes paid in Florida during the taxable year resulting taxes paid this year on Line 7 and the amount of unused that replaces or restores real or tangible personal the ad valorem taxes paid in Florida during the taxable the amount of credit that you may claim this year (from the business is located or will be located no later than The business must have at least 5 more full time the certified receipts for the ad valorem taxes paid the credit ad valorem taxes paid means the tax paid The enterprise zone property tax credit is state financial the five immediately preceding tax years in order of time the tax paid on new or added real and tangible personal the total corporate income or franchise tax due after this year (see instructions) this year is the sum of the credit allowable for ad valorem through 11(d) the amounts claimed for the specified through 11(d)] to the satisfaction of the Florida Department of Revenue that the requirements of section 220 182 F S total other credits against the tax [sum of Lines 11(a) Under penalties of perjury I declare that I have read this Application and the facts stated in it are true to the best of my knowledge under s 14 022 F S or declared under s 252 36 F S unused credit carryover available this year from each of valorem taxes paid in Florida during the taxable year What are the filing requirements? To be eligible for the When filing for credit as a new expanded or rebuilt When may a business take the credit? The credit is which ad valorem taxes are first levied on real or tangible Who must file? Every taxpayer claiming an enterprise year on new real property and new tangible personal year the credit is claimed year Therefore enter on this line the total tax due amount year you may carry the unused amount forward for a you can claim this year is the lesser of the total amount you must calculate the credit annually on the ad valorem zone property tax credit must file by performing the