Individual Declaration Of Estimated Income Tax Form/form D-1 - Quarterly Payment Of Estimated Net Profit Tax - 2006

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2006 INDIVIDUAL DECLARATION
OF ESTIMATED INCOME TAX
FOR CALENDAR YEAR 2006 OR _______ MONTHS ENDING _______ 20____
FOR OFFICIAL USE ONLY
A legally filed declaration must be signed, dated and accompanied by payment. The safest and easiest way to declare is to estimate this year’s taxes based
on last year’s taxable income. Mail To: Cincinnati Income Tax Division, 805 Central Avenue Suite 600, Cincinnati, OH 45202-5756, by
APRIL 17, 2006 or by the 15th day of the 4th month after the tax year begins.
YOUR SOCIAL SECURITY NUMBER
SPOUSE’S SOCIAL SECURITY NUMBER
ACCOUNT #
YOUR LAST NAME
YOUR FIRST NAME
M.I.
SPOUSE’S LAST NAME
SPOUSE’S FIRST NAME
M.I.
COMPLETE THE BLOCKS TO THE RIGHT ONLY IF THIS SPACE
STREET ADDRESS
IS BLANK OR THE PREPRINTED INFORMATION IS INCORRECT.
FED ID#
CITY
STATE
ZIP CODE
INTEREST AND PENALTIES MUST BE ASSESSED FOR FAILURE TO FILE AND MAKE TIMELY PAYMENTS
1. ESTIMATED 2006 TAXABLE INCOME
X 2.1% = ESTIMATED TAX…
2. LESS ALLOWABLE CREDITS, IF ANY
a.
CINCINNATI TAX TO BE WITHHELD BY YOUR EMPLOYER………………………………………….
b.
INCOME TAX NOT OVER 2.1% PAYABLE TO ANOTHER CITY BY CINCINNATI RESIDENT…….
3. BALANCE OF 2006 ESTIMATED TAX…………………………………………………………………………………
4. DEDUCT OVERPAYMENT OF LAST YEAR’S TAX IF YOU REQUESTED A CREDIT TRANSFER ON
YOUR 2005 RETURN……………………………………………………………………………………………………..
5. BALANCE OF 2006 ESTIMATED TAX PAYMENT…………………………………………………………………….
6. AMOUNT TO BE PAID WITH YOUR DECLARTION AT TIME OF FILING
(1/4 of Line 3 minus Line 4) Make checks payable to the CITY OF CINCINNATI….…………………………………..
The undersigned declares this to be a true, correct and complete Declaration of estimated Cincinnati income tax for the year 2006.
___________________________
_____________
_______________________________
SIGNATURE
SPOUSE’S SIGNATURE
DATE
GENERAL INFORMATION & INSTRUCTIONS
2006 DECLARATION AND RETURN PAYMENT CALENDAR
APRIL 17, 2006
JULY 31, 2006
OCT. 31, 2006
JAN. 31, 2007___
APRIL 16, 2007
. PAY
FILE DECLARATION
MAKE 2nd QUARTERLY
MAKE 3rd QUARTERLY
MAKE 4th QUARTERLY
FILE RETURN
WITH ¼ PAYMENT
PAYMENT
PAYMENT
PAYMENT
ANY BALANCE DUE.
By the 15th day of the 4th month after beginning a new business or taking a new job, everyone whose entire tax liability will not be
withheld by an employer must file a Declaration.
The three months prior to the Declaration due date should provide a reasonably accurate basis from which most taxpayers (wage
earners in particular) can estimate the current year’s income. An original estimate can and should be amended if subsequent events
indicate it to be grossly in error. If impractical to base this year’s estimate as suggested, refer to last year’s actual taxable income. For
taxpayers who filed a return for the preceding taxable year based on a 12 month period, an estimate based on an amount equal to or
greater than the last full year’s taxable income is insurance against any penalty on underestimating for Cincinnati purposes.
Make your own income and estimated tax entries on Lines 1 thru 3. If you overpaid last year’s tax and requested a credit transfer of
the overpayment towards this year’s estimated tax, enter the amount on Line 4. Then deduct it from Line 3 and enter the difference on
Line 5.
Line 5 represents the net amount of your estimated tax payable this year either in full with the filing of this Declaration or in
installments as indicated by the payment calendar. Enter on Line 6 the amount of remittance accompanying your Declaration.
Please retain records for future reference.

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