Instructions & Worksheet For Quarterly Withholding Forms (Jw-1q) - Joint Economic Development Districts

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JOINT ECONOMIC DEVELOPMENT DISTRICTS
INSTRUCTIONS & WORKSHEET FOR
QUARTERLY WITHHOLDING FORMS (JW-1Q)
The worksheet below can be used to record your calculations and deposits that you have made.
NOTE: Wherever the word "wages" is used, tips, sick pay, deferred compensation and other taxable income must be included.
LINE 1.
Report the gross wages which are subject to the JEDD tax here.
LINE 2.
Multiply LINE 1 by the 2% JEDD tax rate and enter the result here.
LINE 3.
Enter any adjustments from prior returns here.
LINE 4.
Total tax withheld (add LINES 2 & 3 and enter the result here).
LINE 5.
Penalty and interest charges are reported here. The penalty for late filing
is 3% per month with a 10% minimum. Interest is 1% per month.
LINE 6.
Enter the total of taxes withheld and penalty and interest if applicable.
JW - 1Q WORKSHEET
2 -
For Quarterly Withholding
JEDD W/H Account No.
Enter quarterly tax return data for each line, then transfer the data to the return,
filing it with your payment.
Retain Worksheet For Your Records
LINE 1
LINE 2
LINE 3
LINE 4
LINE 5
LINE 6
1st QTR
2nd QTR
3rd QTR
4th QTR
TOTAL
IMPORTANT DUE DATES
Reporting Period
Due Date
April 30th
1st Quarter (January thru March)
2nd Quarter (April thru June)
July 31st
3rd Quarter (July thru September)
October 31st
January 31st
4th Quarter (October thru December)
JEDDS * P.O. Box 80538 * Akron, OH 44308 * (330) 375-2039

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