Florida Department Of Revenue, Florida Tax

Florida Business Corporate Tax, Florida Personal Income Tax, Florida Sales Tax Rates

Taxes Florida businesses pay each year:

Florida corporations (C corps)
Florida corporate net income tax rate = 5.5%
Federal corporate tax rate = 15% to 35%

Florida limited liability companies (LLCs), LPs, LLPs, and S Corps
FL personal net income tax rates: Florida has no personal income tax. Florida does follow IRS standards for the alternative minimum tax.
Florida local city/county income tax = none
Federal personal income tax rates = 10% to 39.6%

What is the average Florida sales tax rate?

7.01%. The state has a 6% tax, but the average local tax is 1.01% making a total of 7.01%.

Are there standard deductions?

Single: n/a
Joint: n/a

Are there personal exemptions?

Single: n/a
Dependents: n/a

If you are interested in non-profit exemptions, see our Florida Non-Profit Corporationpage.

What forms do you file for your Florida taxes?

FL C corporations: Form F-1120
S corporations: none
Florida LLCs and Partnerships: none
Individual: none

Estimated tax payments?

No.

Florida Department of Revenue:

Florida Department of Revenue
5050 West Tennessee Street
Tallahassee, FL 32399
Telephone: 800-367-8331
Website: Florida Department of Revenue Website

If you use Northwest Registered Agent as your Florida registered agent, you’ll have an online account to help track your FL LLC or FL corporation, receive notification reminders to file your annual reports on time, annual tax reminders, and new State information reminders. All for a low annual flat rate fee of $125 a year. We also help incorporate new Florida businesses for only $100.