Individual Income Tax Return - City Of Troy Income Tax Division - 2016 Page 3
Download a blank fillable Individual Income Tax Return - City Of Troy Income Tax Division - 2016 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Individual Income Tax Return - City Of Troy Income Tax Division - 2016 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4INSTRUCTIONS FOR COMPLETING YOUR
CITY OF TROY INCOME TAX RETURN
Print your name, address and social security number plainly or make needed corrections if already
HEADING
printed. If you have moved, indicate date of move, present address and old address. Indicate whether
you are filing a single return, married filing joint, or married filing separately. Please provide your
home phone number so that we may contact you with any questions regarding your return. Sign up for
future updates by completing your e-mail address.
SECTION A
Using the worksheets on the reverse, list each W-2 and 1099-MISC separately. Attach a separate sheet
if necessary. (If 1099-MISC is included in gross receipts on Schedule C, do not list here. Schedule
income is reported on Line 2). For each W-2, enter the employer’s name, the city where work was
actually performed, the amount of Troy tax withheld, credit for other city tax withheld
(see
instructions for line 5B below.) Attach all W-2’s and 1099-misc forms. (Photocopies are acceptable).
LINE 1
Add the total W-2 wages from the reverse worksheet and enter on line 1. Your
reportable and taxable income from W-2’s is typically from Box 5, however exceptions
apply. Please refer to the information included regarding “Qualifying Wages.” This
will further explain what income from your W-2’s is taxable and reportable.
LINE 1A
Enter the amount of allowable 2106 expense. The allowable 2106 expense is the
amount actually deducted from Schedule A, after the 2% AGI. Miscellaneous expenses
only deducted on Schedule A are not permitted. For more information, please go to
ATTACH COPY OF 2106, SCHEDULE A, and PAGES 1 and 2 of
your FEDERAL TAX RETURN.
LINE 2
Enter the total of all other income and adjustments, from reverse of tax form
(worksheet). All schedules must be attached. (See Worksheets on reverse)
LINE 3
Add lines 1, 1A and 2. This is the amount of income subject to tax.
LINE 4
Multiply the amount of income on line 3 by 1.75% (.0175)
LINE 5
Credits.
5A
Enter the total Troy tax withheld. Be sure to include copies of your W-2’s
which actually show this tax withheld. (If your W-2 shows the name of locality
for tax withheld as “5509”, “SD5509” or some other variation, this is Troy
School District Income Tax withheld. School District Income Tax withheld is
not used on your City of Troy Income Tax Return.)
5B
Enter a credit for the tax you paid to other cities on the income you have
reported on this return. (Be sure to include copies of W-2’s which actually
show this tax withheld. If you paid this tax directly, and it was not withheld, be
sure to include a receipted copy of your tax return filing.) DO NOT ENTER
THE ACTUAL AMOUNT OF TAX YOU PAID. You must calculate the credit
by using the following steps:
STEP 1
If all of your income was earned in a city with a tax rate equal to
or less than 1.75%, your credit is the amount of tax withheld
(provided the amount withheld is correct).
STEP 2
If your income was earned in a city with a tax rate that is greater
than 1.75%, determine what portion of your W-2 wages had tax
withheld at the greater rate. Then, multiply that part of your W-2
wages by 1.75% to find your credit. This step must be completed
for each W-2. Please note that for both steps 1 and 2, if income
has been pro-rated or reduced (due to 2106 deduction, partial year
residency, or for any other reason), credits must also be pro-rated
or reduced.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial