Quarterly Statement Of Estimated Income Tax Form (Page 3 of 5) in pdf

Quarterly Statement Of Estimated Income Tax Form Page 3

GENERAL INSTRUCTIONS

Note: For Declaration of Estimated Taxes, You Will Receive No Further Notice.

WHO MUST MAKE A DECLARATION:

Every business entity, such as corporations, partnerships, fiduciary of active trusts, unincorporated businesses or professional entities located in,

conducting activities in or producing income from within the City of Bellefontaine.

WHEN AND WHERE TO FILE DECLARATION:

File on or before April 15 of the tax year with the Department of Taxation, 135 N. Detroit St., Bellefontaine, Ohio 43311

PAYMENT OF ESTIMATED TAX:

See Declaration and Return Payments Calendar below.

FISCAL YEAR DUE DATE:

Fiscal year end tax returns and Declarations are due before the fifteenth (15

) day of the fourth (4

) month following the end of such fiscal year. The

remaining three quarters are due by the fifteenth (15

) day of the sixth, ninth and twelfth months after the beginning of the fiscal year.

ALL BUSINESSES AND/OR CORPORATIONS SUBJECT TO BELLEFONTAINE TAX MUST FILE A DECLARATION OF ESTIMATED

TAX. FAILURE TO COMPLY WITH THIS REGULATION WILL RESULT IN PENALTY AND INTEREST CHARGES.

INSTRUCTIONS FOR PREPARING D-1

1. Enter total amount of estimated income subject to Bellefontaine City tax.

2. Multiply taxable income (Line 1) by 1.333% and enter this amount.

3. Enter the amount carried forward from the previous year’s tax return.

4. Subtract Line 3 from Line 2.

5. Enter the amount you are paying with this Declaration which must be at least

of Line 4.

6. If you are not paying in full, enter balance left to pay.

DECLARATION AND RETURN PAYMENT CALENDAR

APRIL 15TH

JUNE 15TH

SEPT. 15TH

DEC. 15TH

APRIL 15TH

File Declaration

Make 2nd

Make 3rd

Make 4th

File return. Pay

with payment.

quarterly payment.

any balance due.

Quarterly Statement Of Estimated Income Tax Form Page 3