Instructions For Wage Reconciliation Form W-3 - Cincinnati, Ohio Income Tax Bureau printable pdf download

WAGE RECONCILIATION FORM W-3

INSTRUCTIONS

(COMPLETE FORM WITH BLUE OR BLACK INK)

1. On or before February 15th of each year, each employer shall file a Form W-3, Withholding Reconciliation.

(R37 WITHHOLDING RETURN; LIST OF EMPLOYEES)

2. Enter under TOTAL PAYROLL the monthly totals of all compensation paid to all employees. Employers

remitting quarterly should complete only the lines for the first, second, third and fourth quarters. TAXABLE

PAYROLL DOES NOT INCLUDE COMPENSATION OF NONRESIDENTS FOR SERVICES

PERFORMED OUTSIDE CINCINNATI BUT DOES INCLUDE COMPENSATION PAID TO

CINCINNATI RESIDENTS REGARDLESS OF WHERE PERFORMED. Multiply TAXABLE PAYROLL

amount by 2.1%; enter results in the CINCINNATI INCOME TAX column and total on Line 13.

3. Tips and gratuities reported to employer for social security or federal income tax purposes, bonuses, employer

paid group life insurance premiums included in employee W-2 reportable income and contributions to “tax

sheltered annuity” plans for employees all constitute taxable income to be included in TAXABLE PAYROLL.

(See REG. R5A7 for additional forms of compensation) Enter this amount on line 14.

4. If tax is withheld from some other city on behalf of Cincinnati residents, enter total of this (Up to 2.1% rate

only) on Line 15 and deduct this from Line 13 to arrive at the amount of withholding payable to Cincinnati for

the year (Line 16). Then enter the total of actual withholding remittances to Cincinnati for the year on Line 17.

If there is a difference between Lines 16 & 17, enter on Line 18 the amount of additional tax due. On lines 19

& 20 indicate the overpayment and attach a full explanation.

5. List name, SS#, street address and zip code, total compensation paid and amount of Cincinnati tax withheld.

Employers required to withhold tax from Cincinnati residents for services performed in another taxing city

enter amount of same in column at extreme right (not to exceed any tax at a rate of over 2.1%). Show the

total amount of compensation paid to individual employees even though in the case of nonresidents it may

have been only partially subject to Cincinnati tax and withholding.

For the convenience of employers, the return information concerning individual employees may be made by

typed or printed listing on Form W-3, by submitting legible copy of a commercially produced Form W-2 or by

compilation on mechanical equipment used by the employer for such purposes, providing such forms contain

all the information required on the Form W-3.

6. When submitting W-2 forms, please attach the withholding reconciliation (Form W-3) to top of stack.

7. Show number of employees listed. SIGN AND DATE FORM.

8. Mail form to: Cincinnati Income Tax Bureau 805 Central Ave. Suite 600 Cincinnati Oh. 45202-5799

Phone no: (513)-352-3838

Instructions For Wage Reconciliation Form W-3 - Cincinnati, Ohio Income Tax Bureau