IMPOSITION OF TAX FOR DECLARATIONS
THIS IS THE ONLY TIME THESE VOUCHERS WILL BE SENT
This is your 2006 declaration of estimated tax package. Included are four installment forms to be filed by:
INDIVIDUALS: April 15, July 31, October 31 and January 31.
CORPORATIONS: April 15, June 15, September 15, December 15.
For your convenience, a worksheet to determine if you are required to file a declaration of estimated tax is
listed below.
2006 DECLARATION OF ESTIMATED TAX WORKSHEET
1.
Total income subject to Gallipolis Tax ................................................................................................................................................. $_________________
2
Gallipolis income tax –– 1% of line 1 amount ..................................................................................................................................... $_________________
3
Less: Gallipolis tax withheld by employers ............................................................................................................. $_____________
4
Less: Overpayment on previous year’s return ........................................................................................................ $_____________
5
Less: Income taxes paid to City of ________________ Not to exceed 1% of that city’s income .......................... $_____________
6
Net estimated tax due (line 2 minus line 3, 4 and 5 ............................................................................................................................ $_________________
PAYMENT RECORD
Date
Check #
Amount Paid
NO NOTICE OF
Quarter 1
$
TOTAL PAYMENTS
Quarter 2
$
WILL BE SENT TO YOU
Quarter 3
$
Quarter 4
$
Credit from prior year ..................................... $
Enter this amount on line 8 of your 2006 City Tax Return.
To avoid a penalty: (a) each installment must equal at least 25% of the lesser of 90% of the tax shown on
the current year’s tax return or 100% of the tax shown on the return for the preceding tax year, (b) the
amount of tax for the current year would be less than fifty dollars ($50.00).
Page 6
CITY OF GALLIPOLIS INCOME TAX DEPT. –– DECLARATION OF ESTIMATED TAX
518 SECOND AVENUE; GALLIPOLIS, OH 45631-1219
FIRST QUARTER, 2006
TAX OFFICE USE ONLY
1. Total Estimated Tax ............................................................................................ $_________________
TOTAL PAID $__________________________
2. Amount Enclosed (1/4 of line 1) ......................................................................... $_________________
❑ CASH ❑ CHECK ____________________
RECEIPT# ____________________________
Account # _____________ SS# or FID# ________________________
Name ________________________________________________
Address ________________________________________________
City, State, Zip ________________________________________________
Date ____________ Telephone # _________________________
PLEASE RETURN THIS COPY AND MAKE CHECKS PAYABLE TO THE CITY OF GALLIPOLIS INCOME TAX DEPT.