Form 32 - Declaration Of Estimated Income Tax

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REGIONAL INCOME TAX AGENCY
FORM
Declaration of Estimated Income Tax
32
For Tax Year
Soc. Sec. No.:
Spouse’s Soc. Sec. No.:
Name:
Spouse’s Name:
Address #:
Suite:
Street Name:
*
*
FORM 32
City:
State:
Zip:
_____________________________________________
Signature
Date
Home Phone #
_____________________________________________
Signature
Date
Business Phone #
(If filing jointly, BOTH must sign even if only one had income)
SECTION 1
IF YOU ARE NOT A RESIDENT OF A RITA MUNICIPALITY, SKIP TO LINE 9. Tax rates, credits, and credit limits are listed on the Tax Table.
1.
Estimate your total taxable income (Pro-rate if part year resident) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1. __________________
2.
Multiply Line 1 by Residence City Tax Rate and enter result on Line 2 . . . . . . . . . . . . . . . . . . . . . . . . .
2. __________________
3.
Tax expected to be withheld or paid to other than your residence municipality . . . . . . . . . . . . . . . . . . .
3. __________________
4.
Multiply each separate income earned outside your residence city
in another taxing area by the credit limit of your residence city . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. __________________
5.
Multiply Line 3 or 4, whichever is less, by the Tax Credit of your residence city . . . . . . . . . . . . . . . . . .
5. __________________
6.
Tax expected to be withheld for residence municipality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. __________________
7.
Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. __________________
8.
Subtract Line 7 from Line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8. __________________
NON-WITHHELD SECTION
9.
Enter below income expected to be earned in a RITA municipality not your residence city and not withheld; multiply
this figure by the Tax Rate of the municipality where the income was earned.
$________________ x _______________ Enter result on Line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9. __________________
10. Total estimated tax. (Add Lines 8 and 9.) Place this amount on Line 1 Section 2 . . . . . . . . . . . . . . . . .
10. __________________
SECTION 2
$
,
,
.00
1.
Total Estimated Tax for
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(From Line 10, Section 1)
2.
Less Prior Year Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________________________________
3.
Total Tax Due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________________________________
$
,
,
.00
4.
Amount Paid (Make Check Payable to RITA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Not Less than 1/4 Tax Due. Return form and payment within 30 days)
PLEASE FURNISH THE FOLLOWING INFORMATION
A.
Municipality where you live . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________________________________
B.
Municipality where you earn income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________________________________
C.
Prior city of residence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________________________________
D.
Date moved into current city of residence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________________________________
E.
Is municipal tax withheld from all your earnings? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No

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