Estimated Tax Worksheet - City Of Perrysburg Income Tax Division 2006 (Page 3 of 4) in pdf

2006

ITY OF

ERRYSBURG

NCOME

IVISION

TAX RETURN INSTRUCTIONS

201 W

Form P Instructions:

6 C or S Corporation adjusted federal taxable income

EST

NDIANA

VENUE

INE

(AFTI) is reported by business entities on this line. Include

LOCATED IN THE BASEMENT OF THE MUNICIPAL BUILDING

1 Resident individuals should include total wages,

INE

a statement of the calculation used to arrive at taxable

: M

8-4:30

OFFICE HOURS

ONDAY THROUGH

RIDAYS

salaries, bonuses, and other compensation received

income. Alternately, on line 6, report federal income before

PH 419-872-8035

between January 1, and December 31, 2006. Non-

NOLs and special deductions, then go to Schedule X on

419-872-8037

residents working in Perrysburg who were not fully

page 2 to add and deduct, to arrive at AFTI. The extent of

E-

MAIL ITAX

PERRYSBURG

withheld or not withheld for the City of Perrysburg by their

business income attributable to Perrysburg is determined

employer should report compensation received between

by using the business apportionment formula in Schedule

16, 2007

DUE DATE

PRIL

IS THE

FOR

January 1, and December 31, 2006, while working in the

➢ 2006 T

Y of Form P.

& B

ETURN

ALANCE DUE PAYMENT

city. In general, the larger of Box 5 or Box 18 on the W-2

➢ 2006 F

7 Individuals report miscellaneous income from

INE

EDERAL

XTENSION FORM

IF APPLICABLE

is the amount subject to Perrysburg income tax. Taxable

1099’s (not already reported), such as director fees, 4797

➢ 2006 E

XTENSION

AYMENT IF TAX DUE

amounts not in Box 5, but in Box 18 include income

ordinary income not already reported elsewhere from

➢ F

2007 E

IRST

UARTER

STIMATED

AYMENT

attributable to stock option transactions, and income from

1245, 1250 property, etc.

non-qualified deferred compensation plans or programs.

8 and L

9 Report total additions and deductions

INE

For proper credit, attach all W-2’s showing Box 18 wages

from schedule X on page 2 of the Perrysburg Form P.

2006

RESIDENT

NDIVIDUAL

AX PACKET

NCLUDES

Part-year residents may deduct income earned while living

and tax paid.

• 2006 F

EZ,

ORMS

AND

outside Perrysburg, but which is included on line 1. A

2 is for resident individuals with Schedule C income

• 2006 I

INE

NSTRUCTIONS

statement of how the deduction was calculated should be

• 2007

and non-resident individuals operating as sole proprietors,

INFORMATIONAL INSERT

included with the return.

• 2007 E

independent contractors and subcontractors doing

STIMATED

ORKSHEET WITH FOUR QUARTERLY

10 Add lines 1-8, subtract line 9 amount. If no prior

INE

business in the city. Report Net Profit (or Loss) from

PAYMENT VOUCHERS

year losses will be claimed, and if no Schedule Y

Federal Form 1040 Schedule C or C-EZ. Attach forms.

HE TAX DIVISION PROVIDES ASSISTANCE WITH PREPARATION OF

allocation is required, enter this amount on Line 13.

ITY OF

ERRYSBURG

NCOME

ETURNS FOR INDIVIDUALS

3 is used by individuals to report income from pass-

11 Non-resident business filers and resident C and S

INE

W-2

WITH

INCOME

AND WITH

STIMATED

ORKSHEETS

Corporations may insert percentage from Schedule Y

through entities and farm income. If you are reporting only

page 2. Multiply line 10 by this percentage to arrive at

ATCH THE

ERRYSBURG MESSENGER JOURNAL FOR EXTENDED

one K-1 you may report total income on line 3 and

Perrysburg Allocable income on line 11.

OFFICE HOURS IN

ARCH AND

PRIL

adjustments on pg 2 Schedule X. When reporting multiple

12 Enter as a negative the loss carryforward from

INE

pass-throughs, include Schedules K-1 (Forms 1065, 1041,

ENERAL

ETURN

NSTRUCTIONS

most recent five years limited to the current year income

1120S) income net of additions and deductions. Attach a

reported above for same entity[ies]. Business losses may

• P

. T

ERRYSBURG HAS UNIVERSAL FILING

HIS MEANS RESIDENTS

statement showing the taxable income calculation for each

not offset w-2 income.

WITH TAXABLE INCOME ARE REQUIRED TO FILE A CITY RETURN

K-1, the sum of which matches the total reported on line 3.

13 Enter amount on line 10, or, if applicable, line 11

INE

WHETHER OR NOT TAX IS DUE

ON OR BEFORE THE FEDERAL

If applicable, report Form 1040 (Schedule F) Farm Income

net of line 12.

, A

16, 2007.

LATE FILING FEE OF THE

DUE DATE

PRIL

or loss on line 3. Full or reduced credit for other municipal

14 Multiply line 13 by Tax rate 1.5%.

INE

$25

LESSER OF

OR TAX DUE WILL BE CHARGED FOR

15 Enter credits or payments as described.

taxes paid by the entity is allowable for shareholder’s

INE

FILING AFTER THE DUE DATE

16 Enter balance due.

percentage of ownership as outlined in the City of

INE

• R

EAD CAREFULLY ALL INSTRUCTIONS FOR

ORM

AS YOU

- Your signed return indicates that you

Perrysburg Earned Income Tax Ordinance Chapter 890.

IGN YOUR RETURN

ALL

PROVIDE

INFORMATION IN THE UPPER PORTION OF THE

have read and understand your return and related

4 is for resident or non-resident individuals owning

INE

. I

RETURN THAT APPLIES TO YOU

F THE RETURN IS FOR A

instructions. By signing you are also certifying the

rental property in the city. Enter the amount shown as

PERIOD OTHER THAN THE CALENDAR YEAR

INSERT THE BEGIN

information you provide is true, correct, and complete.

income or loss on Federal Form 1040 Schedule E, Part 1,

AND END DATES AT THE TOP OF THE FORM

line 22(2006). Non-resident businesses where rental

• I

If you owe a balance over $1, enclose payment for the

NDICATE WHETHER YOU RENT FROM SOMEONE OR WHETHER

activity does not constitute a business or profession shall

. I

tax due with your return or make payment by credit card

YOU OWN THE HOME YOU LIVE IN

F YOU RENT

PROVIDE THE

enter the net profit generated from rental of the Perrysburg

NAME OF YOUR LANDLORD

at official (3% or minimum $1 fee applied).

property that is not reported elsewhere.

• M

ARRIED COUPLES SHOULD FILE A JOINT RETURN IN MOST

Taxpayers may include First Quarter Estimate payment

IRS.

5 Resident individual general partners, and members,

CASES

EVEN IF THEY FILE SEPARATELY WITH THE

INE

with tax return payment.

• I

and S Corporation shareholders must report their untaxed

F YOUR MARITAL STATUS CHANGES

IF YOU RETIRE

OR IF YOU

“C

AKE CHECK OR MONEY ORDER PAYABLE TO

ITY OF

distributive shares and guaranteed, or similar, payments.

MOVE INTO

OUT OF THE CITY

NOTIFY THE TAX OFFICE IN

”. Write your account

. “W

Resident partnership income is reported by the business

ERRYSBURG

OMMISSIONER

WRITING GIVING THE EFFECTIVE DATE OF CHANGE

RITTEN

number and the tax year, in the memo section of your

entity. If the Partnership is not 100% allocated to

”

;

NOTICE

CAN BE MADE ON THE ANNUAL RETURN

INCLUDE A

check. S

using the mailing

Perrysburg or if all partners are not residents, the entity

END YOUR RETURN WITH PAYMENT

. I

BRIEF STATEMENT ABOUT THE CHANGE

F ADDITIONAL

label addressed to: City of Perrysburg, P.O. Box 490,

must file a city return. Tax is imposed first on Adjusted

INFORMATION IS NECESSARY

A NOTE MAY BE ATTACHED TO THE

Perrysburg, OH 43552-0490.

Federal Taxable Income (AFTI) of a Partnership, LLC, or S

. F

E-

RETURN OR MAILED UNDER SEPARATE COVER

AX OR

MAIL

corporation to the extent the business income is

PROVIDES AN EFFECTIVE METHOD OF NOTIFICATION FOR THESE

OR REFUND REQUESTS

AGE

attributable to Perrysburg determined by using the

TYPES OF CHANGES

business apportionment formula in Schedule Y on Form P.

NSTRUCTIONS CONTINUED ON NEXT PAGE

Estimated Tax Worksheet - City Of Perrysburg Income Tax Division 2006 Page 3

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