Instructions For Form It-47 - Request For Municipal Income Tax Account
ADVERTISEMENT
1Specific Instructions for Form IT-47
employee leasing company should indicate the employee
Part A, Box 2: Reporting Agent’s Federal EIN
If you will be filing City payroll withholding tax returns using
leasing company used here.
the EIN of a common paymaster or an affiliated company,
Construction Firms Using Subcontractors
enter the EIN of the common paymaster or affiliated
You will need to complete Form IT-47S, which is available
company in this box.
at our website:
You can also
obtain Form IT-47S by calling our office at (614) 645-7370.
Part A, Box 7: Fiscal Year End (if applicable)
Taxpayers who file business tax returns with the IRS using
Question on Completing Form IT-47W
a tax year other than a calendar year should put their
You may call (614) 645-8368 or fax your question to (614)
fiscal year end in this box (for example: “June 30
”).
th
645-7193.
Part A, Box 8: Payroll Service or Employee Leasing
Mail Completed Form to:
Company (if any)
ATTN: WITHHOLDING SECTION
Employers using a payroll service to process their payroll
COLUMBUS INCOME TAX DIVISION
should indicate the payroll service used here. Businesses
50 W GAY ST, 4TH FLOOR
that lease their employees from a third party
COLUMBUS OH 43215
Return Due Dates
Obtaining Forms: All City tax forms are available at our website:
You can also obtain tax forms
by calling our office at (614) 645-7370.
BUSINESS INCOME TAX RETURNS
Sole Proprietors
Use Form IR-25 or IR-22
Due Date: April 15
Other Businesses
Use Form BR-25
Due Date: April 15
Declaration of Estimated Tax
Use Form BR-21*
Due Date: April 15
2nd Quarter Estimated Tax Coupon
Use Form BR-18*
Due Date: June 15
3rd Quarter Estimated Tax Coupon
Use Form BR-18*
Due Date: September 15
4th Quarter Estimated Tax Coupon
Use Form BR-18*
Due Date: December 15
* Obtain these forms by downloading Form BR-25. Sole proprietors should use the IR-21 & IR-18 (both part of the IR-21 download).
EMPLOYERS WITHHOLDING FORMS
Quarterly Returns of City Tax Withheld
Use Form IT-11
Due last day of month following the close of the quarter
Year Reconciliation with W-2’s
Use Form IT-13
January 31 of the following year
City Tax Withheld Deposit Coupon
Use Form IT-15
See below to determine due dates
DUE DATES FOR EMPLOYERS DEPOSITS OF CITY TAX WITHHELD (FORM IT-15)
It is your responsibility to ensure that our office receives your withholding tax forms and payments on time. The use of a
tax preparer or payroll service to prepare your city tax returns and payments does not relieve you of these responsibilities.
(a) Semimonthly: 1) If the total taxes deducted in the prior calendar year were $12,000 or more, or 2) if the amount of taxes
for any month in the preceding quarter exceeded $1,000. Payments must be made to the City within five (5) banking
days after the fifteenth and the last day of each month. [ Use Form IT-15 when remitting payment. ]
(b)
Monthly: 1) If the total taxes deducted in the prior calendar year were less than $12,000 but more than $3,599; or 2) if
the amount of taxes for any month in the preceding quarter exceeded $300. Payments must be made to the City within
fifteen (15) days after the close of each calendar month. However, the taxes withheld for the third month of each quarter
need not be remitted to the City until the last day of the month following the close of the quarter using Form IT-11. [Use
Form IT-15 when remitting payment for first two months of each quarter. ]
(c)
Quarterly: All employers not required to remit the tax withheld semimonthly or monthly shall make quarterly payment
no later than the last day of the month following the end of each quarter using Form IT-11
. [Do not use Form IT-15 when
remitting payment. Include your payment with Form IT-11.]
Failing to timely remit withheld City taxes may result in a penalty of 50% of the tax due.
Please note: IRS regulations state that corporate officers’ compensation must be treated as wages.
[IRC 3121(d)(1)]
Search Number
Search Name
Search Address
Search Geo
Auditor/Date
OFFICE
USE ONLY
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial