Per section 220.199, F.S., for taxable years beginning on or after January 1, 2024, and before taxable years beginning on January 1, 2027, a developer or homebuilder is eligible to receive a credit against the tax imposed under Chapter 220, F.S., for up to 50 percent of the cost of each NSF/ANSI 350 Class R certified noncommercial, residential graywater system purchased during the taxable year. To apply for this tax credit, please fill out this form. The tax credit may not exceed $4,200 for each system purchased. A developer or homebuilder may not receive total credits in excess of $2 million per taxable year.

Requirements to Apply for the State of Florida Graywater Tax Credit

1. You are required to file the F-1120 Corporate Income/Franchise Tax return.
2. You have a Federal Employer Identification Number (FEIN).
3. You have proof of payment verifying the purchase of an NSF/ANSI 350 Class R certified noncommercial, residential graywater system purchased during a taxable year beginning on or after January 1, 2024, and before taxable years beginning on January 1, 2027.
4. You have not already applied for a tax credit with this proof of payment. Only one proof of payment may be submitted per form (one proof of payment may be submitted for multiple units, however).
5. The system(s) have been or will be installed in a single-family dwelling unit for reuse only in that dwelling unit in Florida.

Statement: Under penalties of perjury, I the undersigned, declare that I have reviewed the preceding submission, including the accompanying documentation, and the facts stated in it are true and correct.