August  2022 

         Income Tax Newsletter 

  A MESSAGE FROM THE DIVISION  

  The Columbus Income Tax Division        If you would like to receive updates on       
  will  be  debuting, CRISP,  the  new    the latest CRISP developments, please 
  state-of-the-art  taxpayer  portal  on  sign-up for our email distribution list.   TABLE OF CONTENTS 
  September 26th, 2022. CRISP will be 
  the  launch  pad  for  Columbus  City   In  the  event  that  you  need  more      1 Message from the 
  taxes. Customers will be able to file   information  on  city  tax,  visit  our      Division 
  and  pay  individual,  corporate,  and  website                          at 
  withholding  accounts  through  the     www.columbus.gov/IncomeTaxDivision.        2 Introducing CRISP 
  portal.  No  more  paper  will  be      You  can  find  all  forms,  instructions, 
  required.  Look  for  more  details  to FAQs,  and  updates  to  our  customer     3 Filing and Payment 
  come.                                   service offerings.                           Calendar 

         COMING SOON…..                                                               
                                                                                                           
                                           77 N. Front Street, 2nd Floor  
                                           Columbus, Ohio 43215 
                             www.columbus.gov/IncomeTaxDivision            

  INTRODUCING CRISP 
  The Columbus Income Tax Division will release its new online tax portal this fall. 
  The Columbus Revenue Information Service Portal (CRISP) will enhance the tax 
  filing process by making it easier and more efficient. 

  WHO WILL BENEFIT? 
  Columbus taxpayers,  tax  preparers,       CRISP  Users  will  be  able  to  send   
  payroll  service  providers,  and         messages      and     documents 
  businesses  will  benefit  from  using    electronically to the Division.  
  CRISP.  All  tax  forms  and  tax 
  payments  can  be  submitted  via         A unique feature of CRISP is OTUS, 
  CRISP.                                    the chatbot owl available 24/7/365. 
                                            OTUS will be able to help navigate 
  Additionally,  users  will  have  the     you through the portal. For instance, 
  ability to view previously submitted      OTUS will be able to help you find 
  tax returns, which will make it easier    where  to  file  a  return,  update 
  to  reference  historical  information.   contact  information,  check  the 
  Payroll service providers will be able    status of a refund, and create third 
  to  take  advantage  of  CRISP’s  bulk    party/tax preparers logins.   
  filing feature. This should help ease 
  the burden of filing multiple returns.    We  are  excited  for  the  launch  of 
  CRISP users will have an option to        CRISP and look forward to providing 
  receive all     communications            more  details  as  we  get  closer  to 
  electronically instead of via USPS.       September 26th, 2022! 

                                            77 N. Front Street, 2nd Floor  
                                            Columbus, Ohio 43215 
                                            www.columbus.gov/IncomeTaxDivision 
 
                                                                                       2 | P a g e  
                                                               

 2022 FILING AND PAYMENT CALENDAR 
  
  2021 Tax Returns                         Form          Due With Payment                     
  Individual Taxpayers                     IR-25         April 18 
  Calendar Year Corporate Taxpayers        BR-25         April 18 
  Fiscal Year Corporate Taxpayers          BR-25         15 thday of 4 thmonth following end of fiscal year 
                                                                                              
  2021 Estimated Tax                       Form          Payment Due – Calendar Year         Payment Due – Fiscal Year 
  Declaration of Estimated Tax             BR-21, IR-21  April 18                            15 thday of 4 thmonth of fiscal year 
  2 ndQuarter Payment                      BR-18, IR-18  June 15                             15 thday of 6 thmonth of fiscal year 
  3 rdQuarter Payment                      BR-18, IR-18  September 15                        15 thday of 9 thmonth of fiscal year 
  4 thQuarter Payment (Corporate)          BR-18         December 15                         15 thday of 12 thmonth of fiscal year 
  4 thQuarter Payment (Individual)         IR-18         January 16, 2023                     
                                                                                              
  2021 Employer’s Withholding Returns      Form          Due Date                             
  Quarterly Returns of City Tax Withheld   IT-11         April 30, July 31, October 31, and January 31 (2023) 
  Year End Reconciliation of W-2s          IT-13         February 28, 2023                    
                                                                                              
  2021 Employer’s Deposits of Tax Withheld Form          Due Date                             
  Semi-monthly payments                    IT-15         Within 3 banking days after the 15 thand the last day of each month 
  Monthly payments                         IT-15         Within 15 days of the close of each calendar month* 
  Quarterly payments                       IT-11         Last day of month following the end of each quarter 
  
 *The taxes withheld for the third month of each quarter need not be remitted to the City until the last day of the month following the close of the quarter using 
 Form IT-11. 
  
 Withholding Requirements 
 It is the employer’s responsibility to ensure that our office receives your withholding tax forms and payments on time. The use of a tax 
 preparer or payroll service to prepare your city tax returns and payments does not relieve employers of these responsibilities. 
  
 Daily Deposit  
 Each employer who is required under Internal Revenue Code Section 6302 or any other federal statute or regulation to make next day 
 deposit of tax withheld from employee wages must electronically deposit municipal taxes withheld with the City of Columbus, Income Tax 
 Division at the same time. 
                                    
 Semi-monthly Deposit 
 If the total taxes deducted and withheld or required to be deducted and withheld on behalf of the City exceeded 1) $11,999 in the preceding 
 calendar year or 2) $1,000 in any month of the preceding calendar year, the employer must remit semi-monthly using Form IT-15 on the due 
 dates listed above. 
  
 Monthly Deposit 
 If the total taxes deducted and withheld or required to be deducted and withheld on behalf of the City were 1) more than $2,399 but less 
 than $12,000 in the preceding calendar year or 2) more than $200 in any month of the preceding calendar quarter, the employer must remit 
 monthly using Form IT-15 on the due dates listed above. 
  
 Quarterly Deposit 
 All employers not required to remit the tax withheld daily, semi-monthly, or monthly must make quarterly payments using Form IT-11 
 according to the schedule above. 
  
                            Failing to timely remit withheld City taxes may result in a penalty of 50% of the tax due. 
                               Failing to timely file a required return may result in late charges up to $150. 
                                                               
                                                  77 N. Front Street, 2nd Floor                                                  3 | P a g e  
                                                         Columbus, Ohio  43215 
                                             www.columbus.gov/IncomeTaxDivision 

 Qualifying Wages 
 All Ohio municipalities assess payroll withholding tax on “qualifying wages” as defined in Section 718.01(R) of the Ohio Revised Code. In 
 general, “qualifying wages” are Medicare wages reduced by any Section 125 cafeteria plan amounts included in Medicare wages, such as 
 adoption assistance (if offered) or cash (if employees can choose cash as one of the cafeteria plan benefits). Employee deferrals into a 401(k) 
 remain taxable for city purposes even if offered through a Section 125 cafeteria plan. If you have any employees that are exempt from 
 Medicare taxes, you must calculate their “qualifying wages” as if they were subject to Medicare taxes. The IRS requires, but currently does 
 not enforce, the inclusion of incentive stock option and employee stock purchase plan option income in Medicare wages. You must comply 
 with the IRS requirements regarding these types of stock option income when calculating “qualifying wages” based on Medicare wages. 
 Please consult your tax advisor regarding your specific compensation program and its effect on calculating “qualifying wages”.  
 Please note: IRS regulations state that corporate officers’ compensation must be treated as wages. [IRC 3121(d)(1)]. 
  
                   77 N. Front Street, 2nd Floor                                                                      4 | P a g e  
                   Columbus, Ohio 43215 
                   www.columbus.gov/IncomeTaxDivision