New Lexington Income Tax Return Form 2015 Page 2

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LINE BY LINE INSTRUCTIONS: Verify that your name and address are
GENERAL FILING INFORMATION
correct on the tax form. Fill in your social security number(s) and phone
NEW LEXINGTON TAX OFFICE LOCATION: 215 South Main Street,
number. If you were a partial year resident, fill in the date you moved in or
New Lexington, OH 43764.
out of New Lexington and provide your previous address.
Enter the total qualifying wages (usually W2 box 5
LINE 1
NEW LEXINGTON INCOME TAX RATE: 1%
Medicare wages and tips-highest amount on W2).
MAXIMUM CREDIT for tax paid to other municipalities: NO CREDIT
Contributions to deferred compensation plans (such as
401(k)) are taxable. See ORC 718 for a complete
DEADLINE TO FILE your 2015 New Lexington Income Tax Return
definition of taxable wages for Ohio municipalities.
without penalty, interest or late fee is April 18, 2016. Returns received by the
LINE 2
If applicable, enter miscellaneous income such as tips not
tax office after this date or postmarked by the Postal Service after this date
included in wages and 1099 income not included on your
will be considered late and will be subject to penalty, interest and late fee.
Federal Schedule.
LINE 3
If applicable, enter business income reported on Federal
EXTENSION REQUESTS: If you wish to apply for an extension to file your
Schedule C or rental income reported on Federal Schedule
return, a copy of your Federal Extension must be filed with the New
E. Losses must be entered as zero. Attach copies of
Lexington Income Tax Office no later than April 18, 2016. A Federal
Federal Schedules to tax return.
Extension does not automatically extend your New Lexington tax return.
LINE 4
Add lines 1, 2 and 3.
Payment of tax owed for 2015 and the filing of the 2016 Declaration of
Estimated Tax with the first quarter payment is still due by April 18, 2016.
Multiply line 4 by 1% (0.01).
LINE 5
LINE 6
Enter the amount of New Lexington tax withheld as
TAX PREPARATION: The New Lexington Income Tax Office provides free
shown on your W2s in boxes 19 and 20. DO NOT include
preparation of your New Lexington Income Tax Return on a first-come, first-
School District Tax withheld.
served basis, Monday through Friday, 9AM to 3PM.
Enter estimated tax payments paid for 2015 using exact
LINE 7
WEBSITE: New Lexington Tax Forms and Information are available on our
dollars and cents paid. Contact Tax Office for total if you
website at
are unsure.
SCHOOL DISTRICT TAX: The School District Number for New Lexington
City Schools is #6402 and may look like local income tax on your W2. This is
Enter prior year credit carryover to 2015 that was not
LINE 8
not local income tax and you may not take credit for it on your New Lexington
refunded or applied to prior year debt, using exact dollars
Tax Return. The State of Ohio administers School District Tax and can be
and cents.
reached at 1-800-282-1780.
LINE 9
Add lines 6, 7, and 8.
REMITTANCE: Make check or money order payable to New Lexington
Income Tax . Balances less than $1.00 need not be paid, but the return must
LINE 10
If line 5 is greater than 9, subtract line 9 from line 5.
still be filed by April 18, 2016. Payments must be received or postmarked by
LINE 11 If line 9 is greater than 5, subtract line 5 from line 9.
April 18, 2016 to avoid penalty, interest and late fees.
LINE 12
Calculate penalty, interest and late fee as follows:
STUDENT FILING REQUIREMENTS: If you turned 18 years of age
A.
PENALTY: Multiply line 10 by 1.5% (0.15). Multiply
during 2015 and your legal domicile (residency) is in New Lexington, you are
answer by number of months late. Partial months count as
required to file an annual tax return even if no tax is due. College students
a whole month.
maintaining New Lexington as their legal domicile (residency) are subject to
all New Lexington Tax regulations. If you used an address inside the
B.
INTEREST: Multiply line 10 by 0.5% (0.005). Multiply
corporation limits of New Lexington to file your Federal and State tax returns,
answer by number of months late. Partial months count as
you are considered a resident of New Lexington.
a whole month.
MANDATORY REGISTRATION AND FILING: New Lexington
C.
LATE FEE: Enter applicable late fee: 30 days or less
residents, age 18 and older, are required to register with the Tax Office to
late=$25, 31-90 days late=$50, 91 or more days=$100.
establish a tax account within 30 days of residency or turning age 18.
Residents must file an annual New Lexington tax return, even if no tax is due.
D.
Add lines 12A, 12B and 12C.
Partial year residents are required to file a return on the portion of income
earned while a resident of New Lexington. Non-residents are required to file a
LINE 13
Add lines 10 and 12D, or subtract line 12D from line 11.
tax return on any income earned inside the corporation limits of New
LINE 14
Subtract line 12D from line 11. Overpayment of $0.99 or
Lexington, even if no tax is due.
less will not be refunded or carried forward. Indicate
JOINT FILING: A husband and wife may elect to file joint tax returns
distribution of overpayment. Overpayment will first be
regardless of how the Federal Tax Return is filed.
applied to outstanding prior balance before being
refunded or carried forward.
NON-RESIDENTS: A non-resident must file a tax return and report taxable
Line 5 minus line 6.
LINE 15
income to New Lexington even if the tax was fully withheld by the employer.
Non-residents must file and report business activity income including rental
LINE 16
Enter credit carryover from line 14A.
income even if a net loss is realized.
Subtract line 16 from line 15.
LINE 17
LINE 18
Multiply line 17 by 22.5% (0.225).
THE FOLLOWING INCOME IS EXEMPT FROM NEW LEXINGTON TAX:
Military pay including reserve pay, capital gains, dividends, interest, workers'
Calculate penalty and interest due.
LINE 19
compensation, gambling winnings, pension income, housing for clergy, Election Board
LINE 20
Add lines 18 and 19C.
payment up to $1,000, alimony, Social Security Benefits, State of Ohio unemployment
benefits, Public Assistance payments, annuities (at time of distribution), government
LINE 21 Add lines 13 and 20. Pay amount by April 18, 2016.
allotments, IRS Section 125 cafeteria plans, prizes (unless connected with employment),
and college tuition

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