City Of Trotwood Individual Income Tax Return Form 2005 (Page 2 of 2) in pdf

WORKSHEET A OTHER INCOME (From Federal Schedules and Attachments)

Be sure to carefully read

TYPE

LOCATION

NET TAXABLE GAIN / LOSS

instructions, and contact our

Proprietorship Income from Schedule C

office with any questions.

We will fully audit and make

Rental / Other Income from Schedule E

corrections upon receipt of

this return. We may require

Partnership Income from Schedule E/K-1

additional information from

Farm Income

the taxpayer to clarify any

information reported on this

Other Income

return.

TOTAL—Not less than zero

To Worksheet C

Note: 1/2 SE deduction is not allowed.

An individual who operates two or more sole proprietorships, rentals, farms, or reportable partnerships (all subject to Trotwood tax) may offset them against each other to

arrive at the total reportable net profit. However, a loss reportable to another municipality cannot be used to offset income subject to Trotwood tax. (For example, a loss on

a Dayton rental property cannot be used to offset a profit on a Trotwood rental or Trotwood Schedule C). A loss cannot be used to offset W-2 or 1099 Income reportable on

the front of this return.

Partnerships located inside the City of Trotwood must file a Business Return as a separate entity.

Partnerships are only reportable on this worksheet when the partnership

is located outside Trotwood, and is not reportable to another municipality that has a tax.

Partnership income reportable and taxable to another municipality (but the

individual partner is a resident of Trotwood) is reportable on the front of this return, with appropriate tax credit shown in Section B. Follow the instructions for Line 5B to

determine the correct amount of credit allowable. A partner who has K-1 income to report where the partnership has filed and paid another city tax must provide a copy of

the other city tax return in order to take credit for the tax paid.

When income is reportable to another municipality, and tax was paid on said income, a copy of the other city tax return verifying payment of tax due must accompany this

tax return. Follow the instructions for line 5B to determine allowable credit for other city tax paid. Report this income on the front of the return, not on this worksheet.

A Trotwood resident must report all income, regardless of location and source, on this return. A non-resident must report all Trotwood income / activity on this return.

WORKSHEET B

ADJUSTMENTS TO INCOME

Employee Business Expense

$_______________________

(To worksheet C)

Employee Business Expense deduction (Form 2106) is limited to the amount deducted for Federal purposes, from Schedule A

after the 2% AGI. Other miscellaneous expenses are not deductible.

Both Schedule A and Form 2106 must be attached to this

return for the deduction to be allowed.

Employee Business expenses taken against income taxable to another municipality

(where a refund is eligible, requested or obtained from said municipality) requires that the credit for other city tax be reduced

accordingly.