Enlarge image | Louisville Metro Revenue Commission Quarterly Net Profit Deposit Form Form OL-3 D OL-3_D_2017_V1.0 ▼ INDIVIDUAL/ SOLE PROPRIETOR ▼ Last name First name MI Social Security Number ▼ CORPORATION/ PARTNERSHIP ▼ Legal name/ Business name Federal ID Number Address (number and street) Unit/Apt. no. Account ID City, town, or post office State Zip code Tax Year Ending Email Phone no. Ext. Deposit Amount $ .00 CHECK APPLICABLE QUARTER DEPOSIT IS FOR Q1 Q2 Q3 Q4 Estimated Tax 1. Expected adjusted net profit in the current tax year 1. $ .00 Liability 2. Expected Receipt factor - Louisville Metro Receipts divided by Total Receipts 2. % Everywhere Worksheet Do not 3. Expected Wage factor - Louisville Metro Wages divided by Total Wages Everywhere 3. % complete this 4. Expected Apportionment factor – (Line 2 + Line 3) divided by 2 (Only divide if both 4. % worksheet if the factors are present) current net profit 5. Multiply Line 1 by Line 4; 5. $ .00 liability will be $5,000 or less 6. Multiply Line 5 by .0220 = (Your estimated current tax liability) 6. $ .00 7. Multiply Line 6 by 90% 7. $ .00 8. Enter 100% of prior whole year net profit liability 8. $ .00 9. If your net profit liability for any of the three (3) preceding full taxable years exceeded 9. $ .00 $20,000, enter 100% of average net profit liability for the past three (3) whole tax years. 10. Enter the lesser of Lines 7, 8, or 9. 10. $ .00 11. Divide Line 10 by 4 (This is the amount due each deposit.) 11. $ .00 Disclaimer Please be advised that the above Worksheet for Calculating Estimated Tax Liability is a guideline to assist in the calculation of quarterly deposits. If any of the above calculations are underestimated, license fees will be underpaid and late payment interest of 1% per month will be assessed against any license fee balance unpaid by the due date. Signature I hereby certify, under penalty of perjury, that the information provided and the attached supporting schedules are true, correct, and complete to the best of my knowledge. Your signature Date Print/type your name Your title Daytime phone number Preparer Print/Type preparer’s name Preparer’s signature Date PTIN Use Only Firm’s name ▶ Firm’s EIN ▶ Firm’s address ▶ Phone no. ▶ ELECTRONIC FILING: Register for electronic filing. It is an easy, secure, and convenient way to file and pay taxes on-line. For more information log on to https://www.metrorevenue.org MAILING ADDRESS: P.O. BOX 35410, LOUISVILLE, KENTUCKY 40232-5410 Telephone: (502) 574-4860 . Email: taxhelp@metrorevenue.org . Fax: (502) 574-4818 |