Form R-B - Business Income Tax Return - Xenia City - 2015

ADVERTISEMENT

GENERAL INSTRUCTIONS FOR 2015 BUSINESS RETURNS *
WHO MUST FILE: IT IS MANDATORY THAT YOU FILE THIS RETURN,
2016 ESTIMATED TAX PAYMENTS: Every company that anticipates any
EVEN IF NO TAX IS DUE.
taxable income subject to Xenia taxation and such income results in tax
due shall file a declaration and pay estimated tax. The payments for 2016
EVERY BUSINESS ENTITY that conducts business within or
calendar year end filers are due on April 15, June 15, September 15, and
for the City of Xenia. This includes owners of rental property
December 15. Estimated payments for fiscal year businesses are due on
within the City of Xenia.
th
the 15
day of the fourth, sixth, ninth and twelfth months after the
ALL PASS THROUGH ENTITIES (any class of entity the
beginning of the taxable year. Estimated tax forms for the 2016 tax year
income or profits from which are given pass-through treatment
are available at our website. A declaration and payment of estimated tax
under the Internal Revenue Code) shall be taxed at the hands
which is less than 90% of the tax shown on the final return or 100% of the
of the entity, not the hands of the owners of the entity.
previous year’s tax shall not be considered in good faith and the
difference shall be subject to penalties and interest.
WHEN TO FILE: Businesses that end their taxable year on December 31
must file their return on or before April 18, 2016.
*****THE TAX RATE FOR 2016 IS 2.25%*****
th
Fiscal year businesses must file by the 15
day of the fourth month
following the end of the fiscal year.
A COPY OF THE XENIA INCOME TAX RULES AND REGULATIONS
IS AVAILABLE AT OUR WEBSITE –
REQUEST FOR EXTENSION OF TIME TO FILE: An extension may be
granted upon filing a request and paying the anticipated tax owed.
Extension requests for calendar year businesses must be filed by April
CONTACT INFORMATION:
th
18, 2016. Fiscal year businesses must file extension requests by the 15
Phone: (937)376-7248
day of the fourth month following the end of the fiscal year. Xenia does
Fax: (937)376-8914
not receive federal extensions. The request must be mailed by the due
Hours: 9 to 5 (Eastern Standard Time), M-F
date of the return. An extension request that is granted is for an extension
of time to file and not an extension to pay.
PAYMENT INFORMATION:
Mastercard/VISA/Discover credit cards are accepted via the
WHERE TO FILE: The return is to be filed with:
Internet (use the links on the Pay Your Taxes page on our
City of Xenia
website). You will need your City of Xenia Income Tax Division
Division of Income Tax
account number to make a payment on the Internet.
101 N. Detroit Street
Checks should be made payable to the “City of Xenia”
P O Box 490
Cash, checks, money orders, Mastercard/VISA/Discover
Xenia, OH 45385-0490.
accepted at the Utility Billing window
*This is a basic overview and does not replace or supersede the Xenia
Ohio Business Gateway (see below)
City Income Tax Rules and Regulations which are available at our
website –
OHIO BUSINESS GATEWAY: Effective January 1, 2005, businesses
may file extension requests and pay estimated tax payments through the
Ohio Business Gateway. Beginning with tax year 2005, businesses may
file and pay their municipal income tax returns through the Ohio Business
Gateway. Visit
for information.
REMINDER: The City of Xenia DOES NOT receive copies of the Federal
Extension requests. To request an extension from the City of Xenia, you
may submit the request via the Ohio Business Gateway or:
 Mail to City of Xenia Tax Division, PO Box 490, Xenia, OH 45385-0490
 Fax to City of Xenia Tax Division at 937-376-8914
 Hand deliver to City of Xenia Tax Division, 101 N. Detroit Street, Xenia, OH
An extension to file is not an extension to pay. Estimated tax liability should be paid when the
extension request is submitted to avoid additional penalties and/or interest.
For additional information, please visit our website at
or contact us at 937-376-7248.
Page 1 of 1

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 5