School District Estimated Payment Worksheet - 2002
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22002 SCHOOL DISTRICT ESTIMATED PAYMENT WORKSHEET
1.
Enter your Estimated Ohio Adjusted Gross Income ............................................................................
1.
__________
To figure your Estimated Ohio Adjusted Gross Income for 2002, use your 2001 Ohio Adjusted Gross
Income (2001 Form IT-1040, line 3, or Form IT-1040EZ, line 3) as a starting point. Then determine for
2001 if your wages will increase and if you will receive income from other sources such as self-employ-
ment, a spouse’s income (if you file a joint return) or a second job. If so, estimate these earnings and add
them to your 2001Ohio Adjusted Gross Income.
2.
Part-Year/Nonresident Deduction ..........................................................................................................
2.
(_________)
Enter the amount of income included on line 1 that was earned while a resident of another school district.
3.
Estimated School District Adjusted Gross Income ..............................................................................
3.
__________
Subtract line 2 from line 1 and enter the result here.
4.
Exemptions ..............................................................................................................................................
4.
__________
You and your spouse are each entitled to a personal exemption of $1150. In addition, you may claim a
$1150 exemption for each of your dependents.
4a. Number of personal exemptions
____ x $1150 = ________
4b. Number of dependent exemptions
____ x $1150 = ________
Add line 4a and 4b and enter the result here.
5.
Estimated School District Taxable Income ...........................................................................................
5.
__________
Subtract line 4 from line 3. This is the estimated income you will use to figure your Estimated School
District Income Tax liability.
6.
Tax (see reverse side for your school district’s rate) ..........................................................................
6.
__________
Multiply the Estimated Taxable Income on line 5 by the tax rate that applies to your school district of
residence. A list of these districts with their school district number, county, and tax rate is on the reverse
side.
7.
Credits ......................................................................................................................................................
7.
__________
Enter the Senior Citizen Credit of $50 if you (or your spouse, if filing jointly) will be 65 by the end of the
taxable year. You may claim a maximum of $50 per return.
8.
Tax after Credits ......................................................................................................................................
8.
__________
Subtract line 7 from line 6 and enter here.
9.
Estimated School District Income Tax Withheld ..................................................................................
9.
__________
Enter the amount of School District Income Tax you estimate will be withheld from your wages this year by
your employer. To estimate this amount look at an average paycheck stub (one that does not include
bonuses or overtime unless you receive such payments regularly) for the amount of School District tax
withheld for a given pay period. Multiply the amount for that pay period by the number of times you are
paid in a year.
10.
Estimated School District Tax Due ........................................................................................................
10.
__________
Subtract line 9 from line 8 and enter here.This is your Estimated School District Income Tax liability.
11.
Estimated Ohio Individual Income Tax Liability ...................................................................................
11.
__________
Enter your Estimated Ohio Individual Income Tax liability from line 10 of your 2002 Ohio Declaration of
Estimated Individual Income Tax (Form IT-1040ES) Worksheet. If you are not required to file Ohio Esti-
mated Tax, go on to the next line.
12.
Add line 10 and line 11 ............................................................................................................................
12.
__________
If line 12 is LESS THAN $500 you are not required to file the School District Estimated Tax, Form SD-
100ES. If line 12 is MORE THAN $500 you do have to file and pay the School District Estimated Income
Tax, unless your 2002 School District Withholding Tax will be at least 90% of your estimated School
District tax or unless your 2002 School District withholding tax will be equal to last year’s School District
Income Tax. Complete the rest of this worksheet to figure the correct amount of each quarterly payment.
13.
School District Estimated Tax from line 10 ...........................................................................................
13.
__________
.90
a. Multiply line 13 by 90% ...........................................................................................................
__________
b. Enter the result here ...............................................................................................................
__________
c. Divide line 13b by 4 ................................................................................................................
__________
d. Enter the result. This is your quarterly payment .................................................................
__________
Credit Card Payments
You can use your Discover/Novus, Master Card or American Express card to pay your estimated Ohio income taxes. Credit card
payments may be made by telephone by calling 1-800-2PAY-TAX or over the Internet by visiting and
clicking on the "Payment Center" link. There is a convenience fee for this service. This fee is paid directly to Official Payments
Corporation based on the amount of your tax payment. Do not file a paper estimated tax voucher if you use this method of payment.
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