How to calculate Florida Apportionment on the Florida Department of Revenue Corporate Income Tax Return (F-1120)

by braniac ; Updated July 27, 2017
calculate Florida Apportionment on the Florida Department of Revenue Corporate Income Tax Return (F-1120)

Corporations that conduct business or earn income in Florida are required to file a Florida Corporate Income Tax return, including out-of-state, and even if no tax is due. Individuals, sole proprietorships, estates and testamentary trusts are exempted. Each corporation is also allowed a $5,000 exemption. The tax is based on federal income tax due, adjusted and apportioned based on a three part formula.

Step 1

Calculate the property factor. Property is defined as the average value of real and tangible personal property owned or rented. To calculate the property factor:

(Property value in Florida / Property value outside of Florida) * 25% = property factor

Step 2

The second factor is the payroll factor. Payroll is defined as the total wages, salaries, commissions, back pay awards and cash value of all reimbursements paid in any other form other than cash. To calculate the payroll factor:

(Total payroll in Florida / Total payroll outside of Florida) * 25% = payroll factor

Step 3

The third factor is the sales factor. Sales are defined as the total gross revenue from transactions and activities derived from a business or trade. To calculate the sales factor:

(Total sales in Florida / Total sales outside of Florida) * 50% = sales factor

Step 4

Total all these factors and this calculates the apportionment fraction.

Step 5

Multiply the corporation's federal adjusted income by the apportionment fraction and this calculates the Florida portion of adjusted federal taxable income.


  • please visit or contact for any additional help


  • Property rented is valued at eight times the net annual rental rate by the taxpayer. Insurance, transportation, and citrus industries have a special one factor which calculates their Florida apportionment.

Video of the Day

Brought to you by

Photo Credits

Cite this Article | A tool to create a citation to reference this article Cite this Article

Related pages

orthodontist for low income familieswire transfer fee bank of americaunsecured credit cardmassmutual 401k hardship withdrawalcarding definitionquarterly dividend calculatorgold card application houston texasdeceased taxpayer returnbest low income places to livekmart stockssettling credit card debthow to calculate bond price on financial calculatorhud-1a settlement statementally pay offpatriot bond series ee valuecars donated to needy familiesinheriting a carvested synonymwalmart corporate giving programwhen is the deadline for employers to send out w2ytd federal taxableaba therapy charlotte ncvirginia homestead exemptiontrade receivable turnoververacity nursing definitionhope education tax creditscholarships for people with infonotice numberequifax beacon scorequick claim deed form indianacvs extra care cardhow to find the marginal revenueasking walmart for donationssynonym for enactedstraight line method of amortizationcashing a check at krogerjoint checking account wells fargofafsa and pell grant differencewalmart donations requestcredit card lookup issuing bankhow does a babysitter file taxesstate of iowa refundhome loans for credit scores under 550how to send moneygram at walmartunclaimed class action lawsuit moneyadding person to deedclaimittexas.comcalifornia registered tax preparerdebt collector credit scoreis us treasury bond interest taxableindiana code landlord tenantcoupon tlcwells fargo transfer between accountswhat is the difference between a w2 and w4cd vs roth iracan you refinance a car loan if your upside downhow to calculate an irrhead of household vs filing jointlycan you get money off your ebt cardpge credit cardhusband debts is wife responsiblevanilla visa gift card check balance onlineregister of deeds onslow county ncoverdraft accounts for bad creditmiami dade clerkdefine static budgethow does 403b workhigh deductible health plan vs ppoaetna card policy numberwhat does it mean when irs accepts your tax returnfood stamp calculator kygrants for home improvement in michiganpartial release of mortgagewhere to get a personal check casheddivorce tenants in commonproof of income without pay stubhow to file my income tax return