Instructions For Income Tax Form - Village Of East Canton (Page 3 of 3) in pdf

Instructions For Income Tax Form - Village Of East Canton Page 3

DECLARATION OF ESTIMATED TAX FOR YEAR

YOU MAY ESTIMATE THIS YEARS TAXES TO BE THE SAME AS LAST YEARS. WHEN LAST

YEARS TAXES ARE FILED AND PAID IN FULL, ON OR BEFORE APRIL 30, AT LEAST

ONE-FOURTH (1/4) OF YOUR ESTIMATED TAXES MUST BE PAID. THIS PAYMENT WILL COVER

THE FIRST QUARTER OF THIS YEAR. THE SECOND QUARTER PAYMENT WILL BE DUE JUNE

31, THIRD QUARTER DUE OCTOBER 31, AND FOURTH QUARTER DUE JANUARY 31. A NOTICE

OF QUARTERLY INSTALLMENT DUE WILL BE MAILED THE FIRST OF JUNE, SEPTEMBER AND

JANUARY. A RETURN MUST STILL BE FILED ON APRIL 30. ANY ADJUSTMENTS WILL BE MADE

AT THAT TIME.

DECLARATION INSTRUCTIONS

Line 11: Enter total estimated yearly income. (May be same as prior year.)

Line 12: Estimated tax due. 1% of Line 11.

Line 13: a. Enter amount of tax to be withheld by employer for East Canton

b. Enter amount of tax to be withheld by employer for other city.

NOT TO EXCEED 1% PER

EACH W-2 SEPARATELY.

Line 14: Line 12 less Line 13 a & b.

Line 15: a. Enter any overpayment from Line 10 of prior return.

b. Enter & specify other credits then total credits.

Line 16: Net tax due. Line 14 less Line 15 total.

Line 17: One-fourth (1/4) of Line 16.

Line 18: Balance of tax due to be paid in 3 remaining quarterly installments.

Line 19: Total amount of all taxes due (Line 9 plus 17). Mail check or money-order to:

EAST CANTON INCOME TAX DEPARTMENT

130 S. CEDAR ST.

EAST CANTON, OH 44730

Instructions For Income Tax Form - Village Of East Canton Page 3