Form 5120 - City Of Detroit Part Year Resident Income Tax Return - 2016 Page 2
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32016 Form 5120, Page 2
Filer’s Full Social Security Number
City of Detroit Part-Year Resident Income Tax Return
Column A:
Column B:
PART 2: SUBTRACTIONS FROM INCOME
Taxable Resident
Taxable Nonresident
(All entries must be positive numbers.)
Income
Income
22. Self-employed SEP, SIMPLE, IRA, and qualified plans. Attach a copy
00
00
of page 1 of U.S. 1040 (see instructions). ............................................. 22.
23. Employee business expenses (see instructions). Attach copy of
00
00
U.S. Form 2106. .................................................................................... 23.
24. Moving expenses (into City of Detroit). Attach a copy of
00
00
U.S. Form 3903 (see instructions). . ...................................................... 24.
00
00
25. Alimony paid. Do not include child support. . ........................................ 25.
XXXXXX
00
26. Renaissance Zone deduction. .............................................................. 26.
27. Other subtractions (see instructions).
00
00
Describe: _______________________________________________
27.
00
00
28. Total Subtractions. Add lines 22 through 27. ...................................... 28.
PART 3: INCOME TAX CALCULATION
00
00
29. Total income after subtractions. Subtract line 28 from line 21. .............. 29.
00
00
30. Exemption allowance (see instructions). ............................................ 30.
00
00
31. Net income. Subtract line 30 from line 29. .......................................... 31.
00
00
32. Losses transferred between columns A and B (see instructions). ......... 32.
33. Taxable income. Subtract line 32 from line 31. If line 32 is greater
00
00
than line 31, enter “0”. .......................................................................... 33.
34. Tax. Multiply line 33 column A by 2.4% (0.024) and enter in column A.
00
00
Multiply line 33 column B by 1.2% (0.012) and enter in column B. ......
34.
00
35. Combined Total Income Tax. Add line 34 columns A and B. .................................................................... 35.
PART 4: PAYMENTS AND CREDITS
00
36. Tax withheld from City Schedule W, line 5.................................................................................................... 36.
00
37. City estimated tax, extension payments and 2015 credit forward ................................................................ 37.
00
38. Tax paid for you by a partnership from City Schedule W, line 6 ................................................................... 38.
39. Credit for income taxes paid to another city while a resident taxpayer.
00
City of: _____________________________________________________________________________ 39.
00
40. Total Payments and Credits. Add lines 36 through 39. ............................................................................. 40.
PART 5: REFUND OR TAX DUE
41. If line 35 is greater than line 40, subtract line 40 from line 35.
YOU OWE
00
Include interest
and penalty
if applicable........................
41.
00
42. Overpayment. If line 40 is greater than line 35, subtract line 35 from line 40. ............................................ 42.
00
43. Credit Forward. Amount of line 42 to be credited to your 2017 estimated tax for your 2017 tax return ..... 43.
REFUND
00
44. Subtract line 43 from line 42. ....................................................................................................
44.
+
0000 2016 103 02 27 8
Continue on page 3. This form cannot be processed if pages 2 and 3 are not completed and attached.
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