1. Taxable Income Expected …………………………………………….........................….$ _________________
2. Exemptions deduction ($700 for each exemption).............................................................$ _________________
3. Estimated Ionia Taxable Income (Line 1 less line 2)..........................................................$ _________________
4. Estimated Ionia Income Tax...............................................................................................$ _________________
(Non-resident individuals enter 1/2% of line 3, all other taxpayers enter 1% of line 3)
5. (a) Amount of Ionia Income Tax Withheld.................................$ _________________
(b) Overpayment from Previous Year.....................................….$ _________________
(c) Other Credits………………...............................................…$ _________________
Total (Add lines 5 (a), (b), (c) and Enter Here)............................................................$ _________________
6. Estimated Tax (Line 4 less line 5(*)...................................................................................$ _________________
7. Amount to be paid (Enter here and on Declaration - Voucher #1)..............................…...$ _________________
8. 1/4 of line 7 is the quarterly payment to be made (enter on all vouchers)
(*) Note: If line 6 is $100.00 or less (Individuals or Unincorporated Business) or $250.00 or less (Corporation), this return is not required.
RECORD OF ESTIMATED PAYMENTS
PAYMENT
DATE
AMOUNT PAID THIS QUARTER
TOTAL PAID TO DATE
ALTERNATIVE METHOD FOR MINIMUM ESTIMATED TAX
1) 70% OF CURRENT YEAR’S TAX DUE (2008 IF FIGURING 2009 ESTIMATED TAX DUE) $ ______________
2) PAYMENTS AND CREDITS
A) WITHHOLDINGS EXPECTED
$ _________________
B) OVERPAYMENT
$ _________________
C) CREDIT FOR TAX PAID TO ANOTHER CITY
$ _________________
3) TOTAL PAYMENTS AND CREDITS ADD A, B AND C
$ ______________
MINIMUM ESTIMATED TAX DUE LINE 1 LESS LINE 3
$ ______________
RETURN TO:
INCOME TAX DIVISION
INSTRUCTIONS PAGE 9 - For HELP call 527-TAXS