Declaration Of Estimated Tax - City Of Hamilton Income Tax Division - 2014

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City of Hamilton Income Tax Division
Hamilton .................. 2.00 %
2014 Declaration of Estimated Tax
345 High St., Ste. 310 Hamilton, OH 45011
Eaton ....................... 1.50 %
Phone:
513 785-7400
or ________ Months Ending ________ 20__
New Paris ................ 1.00 %
Toll Free: 1- 800 854-1684
Phillipsburg .............. 1.50 %
Fax:
513 785-7401
File by April 15
or Within 3 ½ Months After Your Tax Period Begins
New Miami .............. 1.75 %
th
Email:
citytax@ci.hamilton.oh.us
BC Annex ................ 2.00 %
Website:
JEDD I ..................... 2.00 %
JEDD II .................... 2.00 %
Taxpayer Name and Address:
Account #:
Check Here if You Are Filing for the First Time or If Your Tax
Status Has Changed in the Past Year. Explain on Reverse Side.
EXAMPLE 1: A New Employer Withholding on Your Wages for the City
EXAMPLE 2: You Are No Longer Living and/or Working in the City
Part Time Resident:
From: ___________
To: _____________
Taxpayer SS#:
__________ - __________ - __________ OR
PRO-RATE WAGES &
Federal ID#:
__________ - ______________________
WITHHOLDING
REQUIREMENTS
Declaration of Estimated Income Tax is required for Hamilton, New Paris, Butler County Annex and Jedd I and II taxpayers and businesses if your tax liability will be $200.00
or more; for Phillipsburg taxpayers and businesses if your tax liability will be $150.00 or more; for Eaton and New Miami businesses if your tax liability will be $200.00 or more.
Failure to file and to pay your estimate timely will result in a penalty. To avoid being penalized, you must have 100% of the previous year’s tax liability paid in, or 90% (for
Hamilton, Phillipsburg, New Paris, Jedd I and II, and Butler County Annex) or 70% (for Eaton and New Miami) of the current year’s tax liability completely paid in by the last
estimated tax due date. Since it is difficult to determine your current tax liability, using your prior year tax liability, or an amount greater, is insurance against any penalty. A
new business or taxpayer without basis on which to make a better estimate may make a valid estimate by declaring $200.00 as the first year’s tax estimate ($150.00 for
Phillipsburg).
DECLARATION
1.
Estimated Income Subject to Tax ..................................................................................................................... ___________________
2.
Tax (Line 1 x ____%) ......................................................................................................................................... ___________________
3.
Credits
A.
Tax Withheld for Resident City ................................................................ ___________________
B.
Tax Withheld for Another City, Not To Exceed ____% ............................ ___________________
Phillipsburg 1% And New Paris .5% Only Allowed for Non-Resident Cities
Hamilton, Eaton & New Miami, BC Annex, JEDD I and JEDD II Limit credit to Tax Rate (See Instructions)
C.
Sub-Total Credits (Sum of Lines 3A + 3B) ................................................................................................ ___________________
4.
Balance of Tax Declared for 20__ (Line 2 – 3C) ............................................................................................... ___________________
5.
Quarterly Estimate Payment Amount (Line 4 ÷ 4) ............................................ ___________________
6.
Credit Carryover (Overpayment from Prior Year Return) ................................. ___________________
7.
Net 1
st
Quarter Estimate Payment (Line 5 – 6) ...................................................................................................................................................___________________
DUE DATES
Statements are provided as a courtesy only, Estimate payments are due as follows: 04/15, 07/31, 10/31 and 01/31 or for fiscal year filers 3 ½ months, 7 months, 10 months
and 13 months after your tax period begins. The declaration should be filed with the previous years return and first quarter should be paid at that time, therefore we do not bill
for the first quarter. If you are filing this declaration later in the year, determine what payments are already past and pay all past due quarters with this declaration. Once you
file this declaration with our office and it is posted to our system, you will be billed for subsequent payments. The amount of each quarterly payment due will be determined by
dividing Line 4 by four. Any credit or previous payments (Line 5) received will be deducted from the most current payment due.
_______________________________________________________________
_______________________________________________________________
Signature of Taxpayer or Agent
Date
Daytime Phone#
Date
_______________________________________________________________
_______________________________________________________________
Print Name
Date
Email & Fax#
Date
INSTRUCTIONS
Line 1
Enter the total taxable income you expect to earn this year.
PAY YOUR TAX BILL ONLINE @ and click on:
Manage Account Online. If you pay online this form still needs to be mailed or faxed.
Line 2
Multiply Line 1 by the appropriate tax rate for your city.
Pay By Credit Card
Line 3
Credits
Check One:
Line 3A Enter the total tax to be withheld by your employer(s) for your resident city.
Line 3B Enter the tax to be withheld by your employer(s) for cities other than your resident city.
Card #
Hamilton, Eaton, New Miami, BC Annex, JEDD I and JEDD II limit credit of tax withheld
Card Expiration Date ........................................................ (Month) _____ / (Year) _____
(to other cities) up to their tax rate.
New Paris & Phillipsburg limit credit of tax withheld (to other cities) up to .5% and 1%.
2013 Tax Payment ..................................................................... $ ____________________
Line 3C Line 3A plus 3B.
2014 Estimated Tax Payment .................................................... $ ____________________
Line 4
Line 2 minus Line 3C. This is your estimated tax for the year.
Total Amount Authorized ............................................................ $ ____________________
Line 5
Line 4 divided by 4.
Signature ________________________________________________________________
Line 6
Enter the amount of overpayment carried from your 2013 return to your 2014 estimate.
Daytime Phone# __________________________________ Date ____________________
Line 7
Line 5 minus 6. This is your Net 1
Quarter Estimate Payment Due April 15, 2014.
st
*If filing this form after April 15, 2014, see DUE DATES above to determine what payments have already passed and are due with this declaration.

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