Declaration Of Estimated Tax - City Of Hamilton - 2017

City of Hamilton Income Tax Division

Hamilton .................. 2.00 %

345 High St., Ste. 310 Hamilton, OH 45011

Phillipsburg .............. 1.50 %

2017 Declaration of Estimated Tax

Phone:

513 785-7400

New Paris ................ 1.00 %

Toll Free: 1- 800 854-1684

New Miami............... 1.75 %

or ________ Months Ending ________ 20__

Fax:

513 785-7401

BC Annex ................ 2.00 %

Email:

citytax@ci.hamilton.oh.us

File by April 15

or Within 3 ½ Months After Your Tax Period Begins

JEDD I ..................... 2.00 %

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Website:

JEDD II .................... 2.00 %

PER Ohio Revised Code 718.08 ESTIMATE REQUIREMENTS AND PAYMENT SCHEDULE HAVE CHANGED EFFECTIVE 01-01-2016.

Taxpayer Name and Address:

Account #:

Check Here if You Are Filing for the First Time or If Your Tax

Status Has Changed in the Past Year. Explain on Reverse Side.

EXAMPLE 1: A New Employer Withholding on Your Wages for the City

EXAMPLE 2: You Are No Longer Living and/or Working in the City

Part Time Resident:

From: ___________

To: _____________

Taxpayer SS#:

__________ - __________ - __________ OR

PRO-RATE WAGES &

Federal ID#:

__________ - ______________________

WITHHOLDING

REQUIREMENTS

Declaration of Estimated Income Tax is mandatory if your 2017 tax liability will be $200.00 or more. A taxpayer must pay 90% of the current year’s tax liability completely by

the last estimated due date to avoid being penalized. To meet the 90% requirement, 22.5% of your Total Declaration of Estimated Tax is due each quarter.

The declaration should be filed with the previous years return and first quarter should be paid at that time, therefore we do not bill for the first quarter.

If you are filing this declaration later in the year, determine what payments are already past and pay all past due quarters with this declaration.

Once you file this declaration with our office and it is posted to our system, you will be billed for subsequent payments. Statements are provided as a courtesy only.

2017 DECLARATION

1.

Estimated Income Subject to Tax ..................................................................................................................... ___________________

2.

Tax (Line 1 x ____%) ......................................................................................................................................... ___________________

3.

Credits

A.

Tax Withheld for Resident City ................................................................ ___________________

B.

Tax Withheld for Another City, Not To Exceed ____% ............................ ___________________

Phillipsburg 1% And New Paris .5% Only Allowed for Non-Resident Cities

Hamilton, New Miami, BC Annex, JEDD I and JEDD II Limit credit to Tax Rate (See Instructions)

C.

Sub-Total Credits (Sum of Lines 3A + 3B) ................................................................................................ ___________________

4.

Balance of Tax Declared for 20__ (Line 2 – 3C) ............................................................................................... ___________________

5.

Quarterly Estimate Payment Amount (Line 4 x 22.5%) .................................... ___________________

6.

Credit Carryover (Overpayment from Prior Year Return) ................................. ___________________

7.

Net 1

Quarter Estimate Payment (Line 5 – 6) ...................................................................................................................................................___________________

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2017 DECLARATION OF ESTIMATED INCOME TAX PAYMENT SCHEDULE

April 18, 2017 ................................................................................... 22.5% of the 2017 Estimated Income Tax is Due

June 15, 2017 .................................................................................. 45.0% of the 2017 Estimated Income Tax is Due

September 15, 2017 ........................................................................ 67.5% of the 2017 Estimated Income Tax is Due

December 15, 2017 ......................................................................... 90.0% of the 2017 Estimated Income Tax is Due

Note: For Business Accounts that are fiscal year filers Estimate payments are due the 15

of the 3

month, the 15

of the 6

month, the 15

of the 9

month and the 15

of

th

rd

th

th

th

th

th

the 12

month after your tax period begins.

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_______________________________________________________________

_______________________________________________________________

Signature of Taxpayer or Agent

Date

Daytime Phone#

Date

_______________________________________________________________

_______________________________________________________________

Print Name

Date

Email & Fax#

Date

INSTRUCTIONS

Line 1

Enter the total taxable income you expect to earn this year.

Line 2

Multiply Line 1 by the appropriate tax rate for your city.

Line 3

Credits

Line 3A Enter the total tax to be withheld by your employer(s) for your resident city.

Line 3B

Enter the tax to be withheld by your employer(s) for cities other than your resident city.

Hamilton, New Miami, BC Annex, JEDD I and JEDD II limit credit of tax withheld (to other cities) up to their tax rate.

New Paris & Phillipsburg limit credit of tax withheld (to other cities) up to .5% and 1%.

Line 3C Line 3A plus 3B.

Line 4

Line 2 minus Line 3C. This is your estimated tax for the year.

Line 5

Line 4 x 22.5%.

Line 6

Enter the amount of overpayment carried from your 2016 return to your 2017 estimate.

Line 7

Line 5 minus 6. This is your Net 1

Quarter Estimate Payment Due April 18, 2017.

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*If filing this form after April 18, 2017, see

DUE DATES above to determine what payments have already passed and are due with this declaration.