Individual Income Tax Returns Forms (Resident And Nonresident) - City Of Grayling - 2006 Page 3
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5EXTENSIONS
PENALTY AND INTEREST FOR
The personal representative should enter
To request more time to file your
FILING AND PAYING LATE
on line 1 the names of the decedent and
Grayling tax return, send a payment of
Your return must be postmarked no later
personal representative in the following
your estimated annual liability to City
than April 30, 2007. If you file and pay
order:
of Grayling, Income Tax Division, with
late, penalty is due at the rate of 1 percent
John Brown, Estate of
a completed Application for Extension
per month to a maximum of 25 percent of
Jane Green, Rep.
of Time to File City of Grayling Tax
the tax due. Interest is also due at the
Representative’s address
Returns (GR-4868) on or before the
annual rate of 1 percent above the current
original due date of your return.
prime rate. (The interest rate is adjusted
Use the decedent’s Social Security num-
Income Tax Division will extend the
on January 1 and July 1 of each year.) If
ber and personal representative’s address.
due date only if a payment is made. You
the computed penalty and interest amount
Enter the date of death in the signature
may request an extension by writing to
is less than $2, the minimum late charge is
block.
the City of Grayling, Income Tax
$2. Include penalty and interest amounts
Division, P.O. Box 549, Grayling, MI
on line 21.
49738. Do NOT file an extension if you
AMENDED RETURNS
will be claiming a refund.
YEAR 2006 ESTIMATE PAYMENTS
If you made an error on a return previous-
The estate of a taxpayer who died in 2006
ly filed, correct it by filing an Amended
(or 2007 before filing a 2006 return) must
Grayling Individual Income Tax Return
An extension of time to file is NOT an
(GR-1040X). If your amended return
file a return if the taxpayer owes tax or is
claims a refund, you must file it within
extension of time to pay. If you underesti-
due a refund. The surviving spouse or the
four years of the due date of your original
mate the tax due and do not pay enough
personal representative may file the
with your extension request, an assess-
return.
return.
ment for penalty and interest will be sent
to you.
The surviving spouse may file a joint
If a change on your federal return affects
return for 2006. Write your name and the
Grayling taxable income, you must file a
deceased’s name and both Social Security
GR-1040X with City of Grayling, Income
When you file your GR-1040 return,
numbers
on
the
GR-1040.
Write
Tax Division within 90 days of the
include on line 18 the amount of tax you
“deceased” after the decedent’s income.
change. Include payment of any tax and
paid with your extension request. Attach a
Sign the return. In the decedent’s signa-
interest due. If you have overpaid, use this
copy of your extension to your return.
ture block, write “Filing as surviving
form to request a refund.
spouse” and the decedent’s date of death.
Line -by-Line Instructions for Form GR-1040
Line 8: Additions (attach schedules and
Lines not listed are explained on the form.
1040EZ, line 4. If you have no additions
explanations).
or subtractions, carry this amount to line
Line 1: Only married taxpayers may file
11. Attach copies of all W-2’s, schedules
Residents. Enter losses before January 1,
joint returns.
and documents to substantiate total
Lines 2-3: Write your Social Security
income.
1972 on sales and exchanges of property
number(s) here.
which have been deducted in arriving at
Line 4: Residency. Check the box that
Nonresidents. If you worked 100 percent
adjusted gross income.
describes your Grayling residency in
of the time in Grayling, enter you total
Nonresidents. Enter net profit or loss
2006. If you or your spouse had a differ-
amount of gross wages from your W-2. If
ent residency status during the year, check
you are self-employed, include U.S.
from rental property or net profit or loss
a box for each of you.
Schedule C and any other supporting
from sales of property located in
Line 5: Exemptions. Check all boxes that
schedules. If you are an employee with
Grayling. Losses including carry overs
apply. The number of exemptions claimed
W-2 income and performed services both
are computed and used to offset gains in
should be the same as claimed on your
inside and outside of Grayling, you must
the same manner as in the Internal
U.S. 1040 or 1040A, line 6d. List depend-
determine the portion of income taxable
Revenue Code. Only gains or losses
ents in the space provided. Attach an addi-
to Grayling, by completing Schedule 1 on
incurred after January 1, 1972 on proper-
page 2 of form GR-1040 You must also
tional sheet if necessary.
ty in Grayling are taxable.
Line 7: Total income.
include a statement from your employ-
er indicating the percentage of time
Residents. Enter the total income from
worked in Grayling.
your U.S. 1040, line 22; 1040A, line 14 or
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