Every authorized domestic, foreign, and alien insurer engaged in the business of entering into contracts of insurance or annuity in Florida must file an insurance premium tax return.
Tax is due on:
The premium/underwriting profit taxes, excise taxes, and regulatory assessment must be reported on Form DR-908, Insurance Premium Taxes and Fees Return.
Taxpayers must file Form DR-908 yearly by March 1 and pay quarterly installments (Form DR-907). Installments are due on April 15, June 15, and October 15 of each year. Final payment of tax due for the year must be made at the time the taxpayer files the return (DR-908) for the year.
You can file and pay insurance premium tax using Revenue’s secure Internet site. If you paid $20,000 or more in insurance premium taxes and fees during the most recent state fiscal year (July 1 through June 30), you must file and pay electronically during the next calendar year. Taxpayers who pay tax electronically can download a due date calendar.
Our online filing application includes the ability to upload data files for Schedules XII and XIII, Firefighters' and Police Officers' Retirement Trust Funds. Insurers required to file electronically will be granted a waiver from electronic filing if requested. To request a waiver, call 800-352-3671. Insurers are encouraged to file electronically and take advantage of the opportunity to save resources. The online Florida filing application offers, in addition to the uploading of some data, automatic calculations and automatic entry for data appearing in more than one schedule.
The Department of Revenue (DOR) maintains an electronic address/jurisdiction database. Participating municipalities and fire districts update jurisdictional information. Street addresses are linked to the jurisdiction. Insurers use the database to assign policies and premiums to local taxing jurisdictions. Insurers continue to report local Insurance Premium Taxes to DOR on Form DR-908, Insurance Premium Taxes and Fees Return, Schedules XII and XIII.
The electronic address/jurisdiction database is available for download or for looking up a single address at https://geotax.state.fl.us
If you have questions about the electronic address/jurisdiction database, contact:
DOR Local Government Unit
PO Box 6530
Tallahassee FL 32314-6530
Participating municipalities and fire districts can check the current list of contacts who work with DOR and submit updates to the addresses in their jurisdiction. Notify the DOR Local Government Unit if you need to update the contact list. If you are in a participating jurisdiction and no contact is listed, please provide the contact information to the DOR Local Government Unit.
The Florida Department of Management Services, Division of Retirement, Municipal Police Officers' and Firefighters' Retirement Trust Funds Office manages the retirement trust funds and distributes funds to the local taxing jurisdictions.
An insurance company that contributes to nonprofit scholarship funding organizations (SFOs) may receive tax credits. You can apply online.
The Department issues Tax Information Publications (TIPs) that explain changes to insurance premium tax, including information related to the electronic address database.
Some of the laws relating to insurance premium tax are:
Tax laws, including those listed above and others related to insurance premium taxes and fees, are available in the Department's Revenue Law Library.