Florida Administrative Code › 12 - DEPARTMENT OF REVENUE › 12 - Departmental › Chapter 12-24 - PAYMENT OF TAXES AND SUBMISSION OF RETURNS BY ELECTRONIC MEANS; TAXPAYER RECORDKEEPING AND RETENTION REQUIREMENTS › Part I - ELECTRONIC FUNDING TRANSFER AND RETURN SUBMISSION › Section 12-24.008 - Procedures for Payment

Current through Reg. 50, No. 138; July 16, 2024
(1) ACH Debit
				  Method.
(a) The taxpayer must report
				  electronic payment information to the Data Collection Center by the approved
				  means of communication, no later than 5:00 p.m. (Eastern Time), on the business
				  day immediately preceding the due date of the payment. The Data Collection
				  Center must be contacted during the submission period specified in the detailed
				  instructions provided to enrolled taxpayers. The Department will bear the costs
				  of processing electronic ACH debit payments through the Data Collection Center.
				  Communication by the taxpayer during the submission period is mandatory to
				  assure the timely posting of the taxpayer's payment on the following business
				  day.
(b) After establishing contact
				  with the Data Collection Center, the taxpayer is allowed to communicate
				  electronic payment information for more than one tax type or tax period.
				  However, the taxpayer must initiate electronic payment information for each tax
				  type and for each tax period for which an electronic payment is due. The
				  following electronic payment information is required from the taxpayer:
1. User information;
2. Tax payment amount;
3. Tax period; and,
4. Payment type.
(c) A number will be issued at the conclusion
				  of the communication of the electronic payment information for each payment
				  type and tax period. This number provides a means of verifying the accuracy of
				  the recorded tax payment and serves as a receipt for the transaction.
(d) Shortly after the expiration of the
				  submission period, the Department will receive an electronic transmission from
				  the Data Collection Center containing all the payment information that has been
				  communicated by the taxpayer to the Data Collection Center during that
				  submission period.
(e) Example. A
				  taxpayer who uses the ACH debit method to remit the January sales tax payment
				  will first determine the total amount of tax due with respect to the sales and
				  use tax return (amount due with return) for the January applied period. Prior
				  to the end of the submission period on February 19 (or the last business day
				  prior to the 19th), the taxpayer must contact the Data Collection Center. After
				  establishing contact, the taxpayer will identify the electronic payment account
				  with the user information and provide the payment type (tax payment), the
				  payment amount ($12, 345), and the tax period (1/31/08). At the end of the
				  communication, the taxpayer will receive a number that will verify the accuracy
				  of the recorded tax payment and serve as a receipt for the transaction.
				  Electronic payment information involving the ACH debit transfer will be
				  electronically transmitted to the Department on February 19, shortly after the
				  expiration of the contact period. The actual tax payment of $12, 345, however,
				  will not be posted as collected funds to the Treasurer's account until the
				  following day, February 20. Taxpayers must file the required return as provided
				  by law and rule. If applicable, the taxpayer must check the box on the return
				  to show payment by electronic payment.