Ohio Form It/sd 2210 - Interest Penalty On Underpayment Of Ohio Or School District Income Tax - Long Method - 2012 Page 7

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IT/SD 2210 Long
Taxpayer’s name
Taxpayer’s SSN or FEIN
Rev. 8/12
2012 Ohio Form IT/SD 2210
Annualized Income Worksheet for Ohio Form SD 100E Filers – Long Method
Note: If you annualize for one period, you must annualize for all periods. The time periods listed in each column are cumulative.
That is, the amounts in columns B, C and D include amounts for all previous periods in the taxable year. Note that the ending dates of
4/30/12 and 7/31/12 for columns B and C do not refl ect quarterly ending dates. Include a copy of (i) the IRS annual income tax worksheet
and (ii) this Ohio annualized income tax worksheet.
The dates below are for calendar year taxpayers. So, fi scal year fi lers must adjust the dates below accordingly.
B
A
C
D
1/01/12 to
1/01/12 to
1/01/12 to
1/01/12 to
2/29/12
4/30/12
7/31/12
11/30/12
10211411
1. Cumulative Ohio taxable income for each period ...............................1.
6
3
1.7
1.1
2. Annualization factor.............................................................................2.
3. Annualized Ohio taxable income (line 1 amount times line 2 factor) ..3.
.
.
.
.
4a. Tax decimal rate for the school district (see Ohio form SD 100E) ......4a.
4b. Annualized tax on annualized school district taxable income for
each period. Multiply the amount on line 3 above by the decimal
rate on line 4a ...................................................................................4b.
67.5%
90%
22.5%
45%
5. Deannualization factor ........................................................................5.
6. Multiply line 4b by the line 5 factor ......................................................6.
7. Amount from page 2, line 1 (enter the same amount in all four
columns) ..............................................................................................7.
25%
50%
75%
100%
7a. Applicable percentage.......................................................................7a.
7b. Line 7 times line 7a ...........................................................................7b.
$375
$500
$125
$250
7c. Deannualized adjustment for fi rst $500.............................................7c.
8. Line 7b minus line 7c. If line 7c is more than line 7b, enter -0- ...........8.
8a. Enter in columns A, B, C and D, respectively, 25%, 50%, 75% and
100% of the amount shown on page 2, line 5 ...................................8a.
9. Enter here and in the respective columns on page 3, line 1 the
smallest of lines 6, 8 or 8a ..................................................................9.
- 7 -

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