Enlarge image | INSTRUCTIONS FOR REMITTING 2023WITHHOLDING TAX GENERAL INFORMATION FOR EMPLOYERS Every employer located within or doing business within the City of Fairfield who employs one or more persons is required to withhold the City of Fairfield municipal tax at the rate of 1.50 % from wages subject to withholding. Quarterly withholding is due on the last day ofthe month following the end of quarter. Your payment must be postmarked on or before the due date to be considered on time and to prevent a late penalty described herein , there is no grace period . Electronic filing through the Ohio Business Gateway (OBG) is another way to remit your withholding. The date used for determining timeliness of the electronic filing will be the date submitted. Information and instructions on how to register and remit payments through the OBG may be found at business.ohio.gov. Eligibility for Monthly or Quarterly withholding is based on the following "Look Back" provisions. If your business remitted more than $2399 in the previous year or more than $200 any month in the previous quarter, you will be required to remit monthly. If your business remitted less than $2399 in the previous year or less than $200 any month on the previous quarter, you would remit quarterly. PENALTY AND INTEREST RATES Late withholding payments are penalized at the rate of 50% of the amount not timely filed. This is a penalty prescribed by the ORC Chapter 718. Specific language may be found at http://codes.ohio.gov/orc/718.27. Interest is calculated using the Federal Short Term Rate (rounded to the nearest percent) + 5%. Late return filings, including reconciliations, will be penalized $25 per month or a fraction thereof up to a maximum of $150. Reconciliations are due the last day of February each year with no grace period. FORM INSTRUCTIONS Be sure that the account number, federal identification number, business name, and address appear on the form in the appropriate designated place. Enter the gross compensation subject to withholding for the filing period. If there are no qualifying wages for this period, enter zero. Enter the total City of Fairfield tax withheld. Enter adjustments (full written explanation of adjustments must accompany this form). The total due must be paid with the timely filing of this return. Be sure to indicate the number of employees subject to city of tax during the period. Sign and date where indicated. RECONCILIATION OF RETURNS All reconciliation of returns plus employee W-2's must be mailed to: City of Fairfield Income Tax Division,701 Wessel Dr., Fairfield, OH 45014. Reconciliation of Returns and Employee W-2's are due the last day of February each year. WHERE TO MAIL PAYMENTS Payments must be mailed to: City of Fairfield P. O. Box 181543 Fairfield, OH 4501 8 |
Enlarge image | Account #: ___________ City of Fairfield RETURN OF INCOME TAX WITHHELD Tax Rate: 1.50% FEIN: ________________ Business Name ___________________________ Withholding Period Due Date JAN-MAR 04/30/2023 Mailing Address___________________________ COURTESY WITHHOLDING 1. Gross Compensation ONLY INDICATE QUARTER $ REPORTED: Subject to Withholding Printed Name of Responsible Party 2. Tax Withheld during Period $ Signature of Responsible Party Date 3. Adjustment to Prior Period $ Phone: E-Mail: 4. Penalty $ Remit form and payment to: 5. Interest $ City of Fairfield P. O. Box 181543 6. TOTAL DUE $ Fairfield, OH 45018 Number of employees during period FORM TW-1 Account #: City of Fairfield RETURN OF INCOME TAX WITHHELD Tax Rate: 1.50% ___________ FEIN: ______________ Business Name ___________________________ Withholding Period Due Date APR-JUN 07/31/2023 Mailing Address___________________________ COURTESY WITHHOLDING 1. Gross Compensation ONLY INDICATE QUARTER $ REPORTED: Subject to Withholding Printed Name of Responsible Party 2. Tax Withheld during Period $ Signature of Responsible Party Date 3. Adjustment to Prior Period $ Phone: E-Mail: 4. Penalty $ Remit form and payment to: 5. Interest $ City of Fairfield P. O. Box 181543 6. TOTAL DUE $ Fairfield, OH 45018 Number of employees during period FORM TW-1 Account #: ___________ City of Fairfield RETURN OF INCOME TAX WITHHELD Tax Rate: 1.50% FEIN: ______________ Business Name ___________________________ Withholding Period Due Date JUL-SEPT 10/31/2023 Mailing Address___________________________ COURTESY WITHHOLDING 1. Gross Compensation ONLY INDICATE QUARTER $ REPORTED: Subject to Withholding Printed Name of Responsible Party 2. Tax Withheld during Period $ Signature of Responsible Party Date 3. Adjustment to Prior Period $ Phone: E-Mail: 4. Penalty $ Remit form and payment to: 5. Interest $ City of Fairfield P. O. Box 181543 6. TOTAL DUE $ Fairfield, OH 45018 Number of employees during period FORM TW-1 Account #: ___________ City of Fairfield RETURN OF INCOME TAX WITHHELD Tax Rate: 1.50% ______________ FEIN: Business Name ___________________________ Withholding Period Due Date OCT-DEC 01/31/2024 Mailing Address___________________________ COURTESY WITHHOLDING 1. Gross Compensation ONLY INDICATE QUARTER $ REPORTED: Subject to Withholding Printed Name of Responsible Party 2. Tax Withheld during Period $ Signature of Responsible Party Date 3. Adjustment to Prior Period $ Phone: E-Mail: 4. Penalty $ Remit form and payment to: 5. Interest $ City of Fairfield P. O. Box 181543 6. TOTAL DUE $ Fairfield, OH 45018 Number of employees during period FORM TW-1 |