Form D1-I - Dayton Individual/joint Filing Declaration Of Estimated Tax

Form D1-I DAYTON Individual/Joint Filing DECLARATION OF ESTIMATED TAX

2006

Tax year

ending DECEMBER or _____________

Total Estimated Income subject to Dayton tax

$_______________

Dayton tax due @ 2.25%

$_______________

Estimated tax withheld by employer (not to exceed 2.25%)

$_______________

Total estimated tax due

(line 2 - line 3)

$_______________

Credit from prior year tax return

$_______________

6. Net estimated tax due (line 4 – line 5)

$_______________

D1 filing is due by April 15 and quarterly estimated payments are due July 31, October 31,

of the year the income is earned, and January 31, following the year the income is earned.

Make Checks Payable to The City of Dayton, and mail to City of Dayton, PO Box 634747, Cincinnati, Oh 45263-4747.

Signature ____________________________ Date____________Phone# _______________

Name _______________________________ Account # or SS# ______________________

Spouses name_________________________ Account # or SS# ___________________________

Address ______________________________ City, State, Zip ___________________________

22.5% of Line 6 Paid

$_________________

____________________________________ cut here ________________________________

MANDATORY QUARTERLY ESTIMATED TAX PAYMENTS

You are required to make estimated quarterly income tax payments for the current tax year if you expect to owe $100.00 or more

when you file your next Dayton tax return. If 90% of your final tax is not paid on time, in four (4) scheduled quarterly estimated

payments (April, July, October, and January), you will be assessed additional penalties and interest charges when you file your next

return.

IMPORTANT REMINDERS: Failure to file a D1 estimated tax return and pay an amount equal to at least 90% of the tax due on your

annual return in scheduled quarterly installments can result in additional penalties (10%) and interest (prime + 3%) being assessed at

the time your annual return is filed. A $50.00 non-filing penalty will also be applied. Income tax payments are due quarterly, not when

the return is filed. More tax information is available at , including tax forms and important changes in the

revised City of Dayton income tax ordinance.

Business and rental losses can no longer be deducted from W2 wage income; however those losses must still be reported. Form 2106

Employee Business Expenses are subject to 2% exclusion of adjusted gross income from Schedule A. Extension requests do not defer

the payment of taxes due quarterly or avoid penalties and interest for non-payment of taxes due as scheduled. Extensions will not be

granted if you do not file a D1 tax estimate and make all required scheduled quarterly estimated payments (90% minimum payment).

PENALTIES: Dayton Income Tax Ordinance: 36.109(B)(3) Where the taxpayer has failed to file a city income tax return by the due

date or the date resulting from extension, fifty dollars ($50) per month or fraction thereof that the Dayton city income tax is not filed,

with the penalty not to exceed five hundred dollars ($500). The penalty in this section 36.109(B) shall be imposed regardless of cause.

Dayton Income Tax Ordinance: 36.111

Any person shall be guilty of a separate misdemeanor of the first degree if he shall: Fail,

neglect or refuse to make any return or declaration required by this chapter; or Knowingly make an incomplete, false or fraudulent

return; or Willfully fail, neglect or refuse to pay the tax, penalties or interest imposed by this chapter; or Attempt to do anything

whatever to avoid the payment of the whole or any part of the tax, penalties or interest imposed by this chapter.

Form D1-I - Dayton Individual/joint Filing Declaration Of Estimated Tax - 2006

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