Estimated Tax Form 2017 - City Of Maumee, Ohio
ADVERTISEMENT
1
2Every taxpayer having or anticipating any income under
Computation of Estimated Tax on worksheet below:
withheld or not subject to local Withholding by Employer,
1. Enter here the total estimated income subject to Maumee
must file a declaration setting forth the estimated annual
Income Tax as indicated in the general Instructions.
income, together with an estimate of the amount of tax due if
2. Enter here 1.5% (0.015) of amount shown on line 1.
the amount payable is at least $200. If you are uncertain as to
3. Enter here line 2 less withholding credits.
whether or not you should pay estimates, please phone the
4.
Multiply Line 3 by 22-1/2% for Voucher 1, 45% for
income tax office at 419-897-7120.
Voucher 2, 67-1/2% for Voucher 3 and 90% for Voucher
4 and enter on the appropriate line and in column B of
The taxpayer’s annual estimated tax liability shall be
the worksheet.
multiplied by 22-1/2%, 45%, 67-1/2% and 90% to determine
5.
Enter here overpayment on last year’s return to be
the estimated quarterly tax to be paid. A taxpayer may amend
deducted in column C of the worksheet.
a declaration and the unpaid balance shown due shall be paid
in equal installments on or before the remaining due dates.
How to Use the Declaration – Voucher
Due Dates:
1.
Enter amount shown on line 3 of the worksheet on line A
of the voucher.
Voucher 1 – April 15, 2017
2.
Enter amount shown on line 4 of the appropriate
voucher on line B of the voucher.
Voucher 2 – June 15, 2017
3.
Enter amount of overpayment from last year on line C of
the voucher.
Voucher 3 – September 15, 2017
4.
Subtract line C from line B and enter on line D. If the
Voucher 4 – December 15, 2017
credit applied is in excess of voucher 1 payment, carry
the difference down to voucher 2. Voucher must still be
filed even if amount due is zero.
COMPUTATION OF 2017 ESTIMATED TAX WORKSHEET
1.
Estimated tax income
$____________
2.
Estimated tax due 1.5% of line 1
$____________
3.
Net estimated tax due
$____________
4.
Amount Due with each estimate
Voucher 1 $_____________
Voucher 2 $_____________
Voucher 3 $_____________
Voucher 4 $_____________
5.
Overpayment from 2016 return
$____________
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial