CITY OF STOW 
                                               2022 INCOME TAX INFORMATION AND INSTRUCTIONS 

WHO MUST FILE:    Every resident or part-year resident of the City of Stow, Ohio who is 18 years of age or older must file a City tax return, even if no 
income was earned in 2022 or no tax is due.  Every non-resident who owns rental property and/or operates a business in Stow must also file an annual 
return.  Retired individuals, with no taxable income, should check the “Retired” box in the top right corner, sign and return the form to the City of Stow 
Income Tax Department. 

REFUNDS:     Individuals who have had tax withheld for the City of Stow on income earned prior to their eighteenth birthday may request a refund of that 
tax by contacting the Income Tax office at (330)689-2849.  Allow 90 days for your refund. 

WHEN YOU MUST FILE:       The filing deadline is April 15, 202 3or the IRS Due Date.  If you have requested or received an extension to file your federal 
income tax return, your municipal income tax return is automatically extended.  However, you must provide a copy of the federal extension with your tax 
return for 2022 on or before October 1 , 208 23.  An extension to file is not an extension to pay.  The tax is still due by April 15, 202 3or the IRS 
Due Date. 
WHERE TO FILE:              Mail forms with payment to:                Mail forms without payment to: 
                            CITY OF STOW                               CITY OF STOW 
                            INCOME TAX DEPARTMENT                      INCOME TAX DEPARTMENT 
                            P O BOX 3649                               P O BOX 1668 
                            AKRON, OH 44309-3649                       STOW, OH 44224-0668 

INCOME SUBJECT TO TAX:        In general, taxable income includes, but is not limited to: gross compensation, salaries, wages, commissions, bonuses, 
incentive  payments,  profit  sharing,  stipends,  stock  options,  deferred  compensation,  directors  fees,  property  in  lieu  of  cash,  vacation  &  sick 
pay, severance  pay,  tax  shelter  plans,  net  profit  from  business  &  professional  activities,  net  farm  income,  net  income  from  rentals,  gambling  & 
lottery winnings, unless specifically exempted by the City of Stow or exempted from Ohio municipal income taxes by Ohio law. 
NON-TAXABLE  INCOME       includes  dividends,  interest, military pay, income from  intangible property, pensions,  unemployment  compensation, certain 
government assistance payments and social security benefits. This list is not all-inclusive. For a complete definition of taxable and nontaxable 
income, please refer to the Codified Ordinances of the City of Stow, Section 194. 
NAME  AND  ADDRESS:    Put  your name, address  and social security number for yourself,  and your spouse if filing a Joint return,  in the designated 
places on the form. Please provide a daytime phone number, including area code.  Check any boxes in the top right section that may apply. 

PART YEAR RESIDENTS:      You should complete this form using only information on income received and taxes withheld or paid while living or working 
in Stow. You must also provide the date you moved into or out of Stow. 

2021 TAX DUE  
LINE 1:   Use WORKSHEET I on the back of the form and enter the total from Column C 
LINE 2:   Use WORKSHEET II on the back of the form and enter the total, (if greater than zero), from Line 5.  If WORKSHEET III is needed, please 
        contact the Income Tax office for details. 
LINE 3:   Add Lines 1 & 2 and enter the sum  
LINE 4:   Multiply Line 3 by 2% (.02) 
LINE 5:   Enter the total from Column F of WORKSHEET I. 
LINE 6:   If WORKSHEET III was used, enter the total from Line 20 of WORKSHEET III. 
LINE 7:   Enter the total of all payments you made directly to Stow for 2022 taxes plus any overpayment from 2021 that is being applied to your 20 22 taxes 
LINE 8:   Add Lines 5, 6 & 7 and enter the sum  
LINE 9:   Subtract Line 8 from Line 4  
LINE 10:  If the amount on Line 9 results in an overpayment and is $10.00 or less, the amount will not be credited. If the amount on Line 9 is greater  
        than $10.00, enter the amount that you want applied to your 2023 Estimated tax 
LINE 11:  If the amount on Line 9 results in an overpayment and is $10.00 or less, the amount will not be refunded. If the amount on Line 9 is greater  
        than $10.00, enter the amount of the overpayment you want refunded.  
LINE 12:  If the amount on Line 9 is greater than $10.00, enter that amount. This is your 2022 balance due. This amount must be paid with the form on  
        or before April 15, 202 3or the IRS Due Date  .  No payment is due if $10.00 or less.  
LINE 13:  You do not need to calculate the penalty and interest charges. The City of Stow will calculate any penalties and/or interest due and send you a bill.   

2023 ESTIMATED TAX:    Lines 14-20 must be completed if Line 7 plus Line 9 exceeds $200.00.    LEAVE LINES 14-20 BLANK IF YOU WANT THE 
CITY TO CALCULATE YOUR ESTIMATED TAX FOR 2023 BASED ON YOUR 2022 INCOME. If you anticipate owing no tax for Tax Year 2023, 
enter a Zero on Line 17. Quarterly Estimates are due 4/15/20 23, 6/15/2023, 9/15/2023 and 1/15/202 .4 
LINE 14:  Estimated taxable income for 2023 tax year 
LINE 15:  Estimated tax due (multiply Line 14 by 2%.) 
LINE 16:  Taxes to be withheld during 2023 for Stow and other municipalities 
LINE 17:  Estimated tax due for 2023 tax year (subtract Line 16 from Line 15) 
LINE 18:  First quarter of estimated tax payable to City of Stow (multiply Line 17 by 25%.) 
LINE 19:  2022 overpayment (from Line 10) applied to 2023 estimated taxes 
LINE 20:  Net amount due for first quarter 2023 (subtract Line 19 from Line 18) 
LINE 21:  TOTAL AMOUNT DUE WITH FORM. Add Lines 12, 13 and 20 and enter the sum. This is the total amount due with the form on or before
        April 15, 202 3or the IRS Due Date.   

WORKSHEET I INSTRUCTIONS 

When entering wage income on this schedule, use Box 5 on your W-2 form. Deferred compensation and retirement plan contributions             MAY NOT be 
deducted from your taxable income. 

Column A:   If your income was not earned evenly throughout the year, enter the from/to dates in Column A. 
Column B:   Enter the name of the municipality in which the income entered in Column C was earned. 
Column C:   Enter the gross income actually earned in this municipality.  Enter the total from Column C on Line 1 on the front of the form. 
Column D:   Multiply the amount in Column C by the tax rate for the municipality named in Column B and enter the result in Column D. 
              If this amount was not withheld or paid to your work city, enter zero. 
Column E:   Multiply the amount in Column C by 2% and enter the result in Column E. 
Column F:   Compare the amounts in Columns D & E and enter the smaller amount in Column F. Enter the total from Column F on Line 
          5 on the front of the form. NOTE: If the tax withheld was paid to the City of Stow, enter the actual tax withheld for 
          Stow, as it is reported on the W-2, and ignore the amounts in Columns D & E. 

WORKSHEET II INSTRUCTIONS 

For use by Individuals with Net Profit/Distributed Share income sourced only within the City of Stow 

All income, other than wages, if only sourced within the City of Stow should be  reported on this  worksheet. Enter income and losses derived from 
activities sourced within the City of Stow. Use WORKSHEET III if you have Net Profit/Distributive Share income/loss sourced in multiple municipalities. 

Net profits shall be determined on the basis of the information used for Federal Income Tax purposes, adjusted to the requirements of the City of Stow 
Income Tax Ordinance. Expenses attributable to nontaxable income are not deductible. Gains and losses from the sale or exchange of capital assets, to 
the extent recognized as capital gains or losses for Federal Income Tax purposes, are generally not to be considered in arriving at net profits. 

The net loss from a business activity may not be used to offset earned income from salaries and wages. 
Line 1: Enter net profit (loss) sourced within the City of Stow from Federal Schedule C. If your business operates in multiple cities, stop here and 
        use WORKSHEET III. 
Line 2: Enter all rental income (loss) sourced within the City of Stow from federal Schedule E.  The complete address must be provided for each 
        rental property.  If rental properties are located in multiple cities, stop here and use WORKSHEET III. 
Line 3: Enter  any  non-wage  income  not  included  on  Schedule  C  or  E,  such  as  ordinary  gains  and  losses  as  reported  on  Federal  Form  4797, 
        director’s fees and lottery winnings.  An explanation of the income listed must be attached. 
Line 4: Enter any losses sourced within the City of Stow carried forward from a prior year. Net losses may be carried forward for up to five years. A 
        complete schedule of all prior year losses must be attached for any loss claimed on the form. Failure to attach the schedule will result in the 
        loss being disallowed.  Beginning with losses incurred in 2017, a net operating loss may be carried forward for 5 years.  For losses incurred 
        in tax year 2017, 2018, 2019, 2020 and 2021, only 50% of the carried forward loss may be deducted in each subsequent year.  If your NOL 
        usage schedule differs from the one above, please provide for our review.  The NOL calculation is subject to change pending changes to 
        ORC 178. 
Line 5:  Total column, if the result is less than zero, enter zero.  Carry this total from Line 5 to front of City of Stow return Line 2. 

WORKSHEET III INSTRUCTIONS 

For use by Individuals with Net Profit/Distributed Share income sourced in multiple municipalities.  To obtain this 
WORKSHEET, please contact the City of Stow income tax office.  

PENALTY AND INTEREST 

You do not need to calculate penalty and interest charges. The City of Stow will calculate any penalties and/or interest due and send you a bill. 

PENALTIES 
       A penalty may be imposed on a municipal income tax return, not filed timely, of twenty-five ($25.00) each month or any fraction, during which
        the return remains unfiled regardless of the liability.    The penalty shall not exceed $150.00 for each return not filed timely
       A penalty may be imposed on the unpaid income tax balance and on the unpaid estimated income tax balance, equal to fifteen percent
        (15%) of the amount not timely paid.

INTEREST 
       Interest shall be imposed on all unpaid income tax and unpaid estimated income tax. The interest rate used shall be established per Ohio  
        Revised Code Section 718.27. The interest rate applied to outstanding liabilities incurred on or after 1/1/2017 during 2017 and 2018 shall be 6%, 
        on or after 1/1/2019 during 2019 and 2020 shall be 7% and on or after 1/1/2021 during 2021 and 2022 shall be 5%.