Florida Dept. of Revenue - Chapter 12C-1: Corporate Income Tax

Florida Proposed Rules

Rule Number: Rule Title
12C-1.022	Returns; Filing Requirement
12C-1.051	Forms

Next Step:	At the September 30, 2025, meeting, the Governor and Cabinet approved the publication of the Notice of Proposed Rulemaking and subsequent adoption of the proposed rules if the substance of the proposed rules [including materials incorporated by reference, if any] remained unchanged upon reaching the date applicable to filing for final adoption pursuant to s. 120.54(3)(e)2., F.S. No substantive changes were made to these rules and the Department filed these rules for certification with the Department of State on December 9, 2025. These rules will go into effect on January 1, 2026.

Forms:	F-1120: Florida Corporate Income/Franchise Tax Return F-1120N: Instructions for - Corporate Income/Franchise Tax Return for taxable years beginning on or after January 1, 2025

Certification Package:	December 9, 2025
Certification Letter to JAPC:	November 25, 2025
Hearing Information:	November 4, 2025 (canceled, no request)
Package Filed with JAPC:	October 13, 2025
Notice of Proposed Rule:	October 13, 2025 (Vol. 51, No. 199)
Cabinet Agenda for Hearing:	September 30, 2025
Notice of Public Meeting - Cabinet for Hearing:	September 23, 2025 (Vol. 51, No. 185)
Workshop Information:	August 14, 2025
Draft Rule Language:	August 14, 2025
Notice of Rule Development:	July 31, 2025 (Vol. 51, No. 148)

Purpose: The purpose of the draft amendment to Rule 12C-1.022, F.A.C. (Returns; Filing Requirement), is to incorporate legislative changes in sections 62 and 63, Ch. 2025-208, L.O.F., amending section 220.03(1)(e ), F.S., to exclude charitable trusts from the requirement to file a Florida corporate income/franchise tax return effective for taxable years beginning on or after January 1, 2026. The purpose of the draft amendment to Rule 12C-1.051, F.A.C. (Forms) is to update the annual forms.