Florida cash rounding law

Florida permits, but does not require, sales tax dealers to round an in-person cash transaction to the nearest nickel if the one-cent piece is no longer in production, using the standard up and down by final digit method, under s. 212.12, F.S. as amended by Chapter 2026-68 (SB 1074). A separate provision for secondhand dealers under s. 538.235 requires cash payments to be made in the full amount due or rounded up to the nearest nickel, a mandatory rule for that narrow context. Effective May 11, 2026.

Tax base is pre-rounded. The act states that rounding to the nickel does not alter the sales price, the amount of tax collected under chapter 212, or any surcharges, assessments, or fees imposed on the sale.

Rounding applies only to cash transactions and does not apply to noncash or mixed tender, except to the extent that cash is disbursed back to the purchaser. A cash change portion of a mixed-tender sale may be rounded.

Express consumer-protection safe harbor. Compliant rounding is expressly excluded from the Florida Deceptive and Unfair Trade Practices Act under s. 501.212(8), shielding compliant rounding from consumer-protection claims.