Instructions for Form DR-908 Insurance Premium Taxes and Fees Return - Florida

This document contains official instructions for Form DR-908 , Insurance Premium Taxes and Fees Return - a form released and collected by the Florida Department of Revenue.

FAQ

Q: What is Form DR-908?
A: Form DR-908 is the Insurance Premium Taxes and Fees Return that needs to be filed in Florida.

Q: Who needs to file Form DR-908?
A: Insurance companies, including health maintenance organizations (HMOs), risk retention groups (RRGs), and self-insurers need to file Form DR-908.

Q: What is the purpose of Form DR-908?
A: Form DR-908 is used to report and pay insurance premium taxes and fees in Florida.

Q: When is Form DR-908 due?
A: Form DR-908 is due on or before March 1st each year.

Q: Are there any late filing penalties for Form DR-908?
A: Yes, late filing can result in penalties, including interest charges on unpaid taxes and fees.

Q: What information do I need to complete Form DR-908?
A: You will need to provide details of premium taxes and fees collected, gross premiums written, and other relevant financial information.

Q: Is there any additional documentation required with Form DR-908?
A: Yes, you may need to attach supporting schedules and documentation, depending on your insurance business activities.

Q: Can Form DR-908 be filed electronically?
A: Yes, you can file Form DR-908 electronically through the Florida Department of Revenue's e-Services portal.

Q: What happens after I file Form DR-908?
A: Once you file Form DR-908, you will receive a confirmation of receipt. The department may also conduct audits and send notices if they need additional information or if any discrepancies are found.