Enlarge image | Form IR Page 1 2023 Income Tax Return Return with payment to: Sharonville, Ohio City of Sharonville Tax Phone 513-563-1169 / Fax 513-588-3969/ Email: taxoffice@cityofsharonville.com 11641 Chester Road Sharonville, OH 45246-2803 Filing required on or before 4/15/2024 even if no tax is due If taxpayer and/or spouse are fully retired and Did you work from your home for your employer this year? Office Use Only without taxable income, place an x in this box □ Taxpayer 1 Yes No and provide date(s) retired: Taxpayer 2 Yes No Account# Social Security Number: Name and address of taxpayers: Taxpayer Spouse Telephone: Home Cell Phone Part Year Resident? Date moved in: Date moved out: Income: Your Federal Tax Return with all applicable schedules & W-2 forms are required 1. Qualifying wages (usually W-2 box 5) or Worksheet A , Box 7A . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . 2. Total Taxable Business Income (Worksheet C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . 3. Other Taxable Income (Federal 1040 Schedule 1 Line 9 - see instructions) . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Total income (Add Lines 1, 2, and 3). . . . . . . . . . . . . . . .$. 5. Deductions from Income (Worksheet B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. 6. Taxable Income (Line 4 minus Line 5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. 7. Sharonville tax: 1.5% of Line 6. . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . Credits: 8. Tax withheld by employer on W-2(s) or Worksheet A, Box 7F. . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . . . Credit cannot exceed 1.5% of earnings taxed & may be reduced by deductions on Line 5 9. Estimated taxes paid to the City of Sharonville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . . . . 10. Taxes paid for Business Income and/or Other Income (Worksheet D) . . . . . . . . . . . . . . . . .$. . 11. Prior year overpayments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . 12. Total. . . . .credits. . . . . . . .(Add. . . . .Lines. . . . . . .8,. .9,. . .10,. . . .and. . . .11). . . ....... ......... ......... ... . . . . . . .$ 13. Tax Due: If Line 7 is greater than Line 12, enter balance due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. b. Penalty $ ________ Interest $ _______ Late filing fee $ ________ . . . . . . . . . . . . . . . . . . . . . . . . .$. . . 14. Total 2023 amount due - payment must accompany return. . . . . . .$. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15. If Line 12 is greater than Line 7, enter overpayment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . 16. Overpayment of $10 or more to be refunded $ ______________ or credited $ ______________ to next year's estimate No additional taxes, refunds or credits of less than ten dollars ($10.00) shall be collected or refunded, & by law, all refunds & credits are reported to the IRS. Declaration of Estimated Tax for Year 2024 17. Total income subject to tax $ _______________ multiply by tax rate of 1.5% for gross tax of . . . . . . . . . . .$. . . . . . . . . . . . . . . . Estimated Credits: 18. Taxes withheld or paid to the City of Sharonville. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . . . . . . . 19. Withholding or payments to another municipality, not to exceed 1.5% of earnings taxed . . .$. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. Total credits. . . . .(Add. . . . .Lines. . . . .18. . .and. . . .19).. . . ............... ............... . .$. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21. Net estimated tax due for 2024 (Line 17 minus Line 20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Estimated payments are required for annual tax balances of $200 or more 22. Overpayment from prior year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . 23. Balance of estimated tax due for 2024 (Line 21 minus Line 22) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 24. Minimum payment due with this declaration is 22.5% of Line 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. . . . . . . . . 25. Total due payable to City of Sharonville tax (Line 14 plus Line 24). . . . . . . . . . . . . . . . . . . .$. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I certify that I have examined this return (including accompanying schedules and statements) and to the best of my knowledge and belief it is true, correct and complete. If prepared by a person other than taxpayer the declaration is based on all information of which preparer has any knowledge. May we discuss Signature of Person Preparing if Other Than Taxpayer Date this return with Signature of Taxpayer (Required) Date the preparer Printed Name of Person Preparing if Other Than Taxpayer shown to the left? Address and Telephone Number Yes □ No □ Signature of Taxpayer (Required) Date |
Enlarge image | Page 2 LineWorksheet A : W-2 Income A B C D E F Credit Allowed (Lower of Local City tax Column D or E, W-2 Qualifying was withheld Local Local Taxes Maximum or 100% of tax Wages to Wages Withheld Credit (Col. withheld to Name of Employer (usually Box 5) (Box 20) (Box 18) (Box 19) C x 1.5%) Sharonville) 1 2 3 4 5 6 7 Totals: Credit for taxes paid to another municipality must be on the same income taxed to Sharonville (i.e. on each dollar taxed) Worksheet B: Deductions from Income* Amount Name of Employer(s) 8 Wages earned prior to permanently moving into Sharonville 9 Wages earned after permanently moving out of Sharonville 10 Total: Enter on Page 1, Line 5 *If you are not pro-rating your entire income you must provide pay check stubs which correspond with your moving date. Use additional pages if needed. Worksheet C: A B C D Available Remaining Net Profit/Loss from Business Activity Loss Profit Current Loss Total loss 11 Schedule C and/or Schedule F Income 12 Schedule E income from Rental Income 13 Other Schedule E income ** 14 Ordinary Income or Loss (attach Federal 4797) 15 Totals 16 2018 -2022 Loss Carried Forward (5 year maximum) 17 Taxable Profit : If positive enter Col. D total on Page 1, line 2 **S Corp income is not reportable on an individual return. If an S corp or Partnership is doing business in the City of Sharonville a separate business return must be filed. Worksheet D for Residents Only: List each municipality separately & add another page if needed Credit for Business Earnings or Other Attach copies of all other local tax returns for credit Income Tax Paid A B C D E Maximum Local Taxes Credit Credit Allowed Municipality taxes were paid to: Tax Rate Profit Paid (Col. B x 1.5%) (Lower of Column C or D) 18 19 20 21 22 If Total Taxable Business Income is negative, no credits are allowed Total Possible Credits 23 Maximum Credit Allowed (Worksheet C, Line 17D x 1.5%) |