Enlarge image | Form IR 2023 FILE WITH AND MAKE CHECK 2023 NORWOOD 2023 PAYABLE TO: INDIVIDUAL INCOME TAX RETURN CITY OF NORWOOD DUE ON OR BEFORE APRIL 15, 2024 EARNINGS TAX DEPARTMENT MAKE A COPY OF FORM IR 4645 MONTGOMERY ROAD TAX OFFICE PHONE: 513-458-4590 FOR YOUR FILE NORWOOD, OHIO 45212 FAX: 513-458-4581 TAXPAYER’S NAME & ADDRESS: REQUIRED INFORMATION: Taxpayer’s Social Security No _____________________________ Spouse’s Social Security No _______________________________ Home Telephone No _____________________________________ Business Telephone No ___________________________________ Retired ___________ Social Security Disability __________ Filing Status: Single __________ Married_______________ Resident _____ Move in date ______ / _____ / _______ Non-Resident _____ Move out date _____ / _____ / _______ If you rent, give Landlords’ information: Name _________________________________________________ PRINT NAME AND ADDRESS (Po Box is NOT Sufficient) Address _______________________________________________ INCOME AND TAX 1. Wages, salaries, cash, tips, etc. (attach all W-2 forms and a copy of your entire Federal 1040 form) 1. _____________ 2. Other taxable income (attach Federal Schedules and complete side 2 schedule) 2. _____________ 3. Total taxable income (lines 1 and 2) 3. ____________ 4. Norwood Tax (2.0% of line 3) 4. ____________ CREDITS 5. Estimated Tax Payments made to Norwood 5. ____________ 6. Taxes withheld by employer and paid to Norwood 6. ____________ 7. Taxes withheld and paid to other localities (2% maximum credit allowed) 7. ____________ 8. Overpayment from prior year(s) 8. ____________ 9. Total Credits (add line 5 through 8) 9. ____________ TAX DUE 10. If line 4 is more than line 9, subtract line 9 from line 4. THIS IS THE TAX AMOUNT YOU OWE FOR 2023. 10. ____________ OVERPAYMENT 11. If line 9 is greater than line 4, subtract line 4 from line 9. This is the amount you overpaid. 11. ____________ 12. Amount of line 11 to be credited to next year’s tax $ ___________ OR Amount to be Refunded $ ___________ DECLARATION OF ESTIMATED TAX FOR YEAR 2024 (Quarterly payments are mandatory if your yearly estimated liability is $200 or higher.) 13. Total Income subject to tax _________________ multiply by Tax Rate of 2.0% for Gross Tax of 13. ____________ 14. Less expected credits for Tax Withheld by employer for Norwood $ _________ and/or for other cities 14. ____________ 15. Net Estimated Tax due for 2024 (line 13 minus line 14). 15. ____________ 16. Amount to be paid with this Declaration (must be ¼ of line 15) 16. ____________ 17. Less any credits from prior years (subtract from line 16) 17. ____________ 18. Amount being paid with this Declaration 18. ____________ 19. TOTAL AMOUNT OF PAYMENT with this return (line 10 plus line 18) 19. ____________ 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 THE TAXPAYER, THE DECLARATION IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE. FOR TAX OFFICE USE ONLY Signature of Taxpayer Date Signature of Taxpayer Date Signature of Person Preparing if other than Taxpayer Date Address and Telephone Number PLEASE DO NOT WRITE IN THIS SPACE |
Enlarge image | NORWOOD INCOME TAX FORM IR SIDE TWO SCHEDULE (Calculation for Line 2 Front Page) 20. Net profit(s)/loss from profession and/or business operation(s) Attach Federal Schedule C ............................................ 20. $ _________ 21. Net profit(s)/loss from rental property and/or partnership(s) Attach Federal Schedule E................................................. 21. $ _________ 22. Net profit(s)/loss from farm income Attach Federal Schedule F ...................................................................................... 22. $ _________ 23. Total net profit(s)/losses from business activities (Total lines 18, 19 and 20) .................................................................. 23. $ _________ 24. Business losses from previous years’ tax returns (if available) Maximum of five (5) years carryover ............................ 24. $ _________ 25. Other taxable income from business activities (Total line 21 minus 22) .......................................................................... 25. $ _________ 26. Other taxable income not from business activities (See instructions – lines 2 and 23) ..................................................... 26. $ _________ 27. Total other taxable income (Report this amount on line 2 – front page) .......................................................................... 27. $ _________ ADDITIONAL INFORMATION If your tax status has changed, please complete applicable items below: A I sold the following rental property subject to Norwood tax: Location Address Date Sold Purchaser’s Name and Address ______________________ _____________________ ___________________________________________ ______________________ _____________________ ___________________________________________ B Additional Notations: _________________________________________________________________________________________ ___________________________________________________________________________________________________________ FILING INSTRUCTIONS MANDATORY FILING: All residents 18 years and older are required to file a return whether or not any tax is due and regardless if you rent or own. If for some reason, you do not have any taxable income, please return your form with an explanation and applicable verification and documentation. If you do not respond, your account will be considered delinquent. To avoid penalties and interest, your tax return and payment must be received on or before April 15th. Line 1 Is to be grand total of all gross wages, salaries and Line 12 Your overpayment may either be credited to next year’s compensation from all W-2 forms for the year. Generally use taxes or refunded to you. Amounts of less than Ten Dollars box 5 on theW-2. Attach copies ofW-2s and a copy of your ($10.00) shall not be credited or refunded. entire Federal 1040 Form. Line 13 through 19 – Calculate estimated tax due for 2024. Line 2 Is for reporting such items as income from business activities, non-employee income listed on a 1099-MISC, sales Line 20 through 24 Self Explanatory – call office with further commissions, fees, gambling winnings and other 1099 income questions. received not pursuant to retirement and other taxable income. (See note for Line 23.) Line 25 Total of other taxable income from business activities. Attach Federal Schedules. NOTE: LOSSES FROM BUSINESS, INCLUDING RENTALS, MAY NOT BE OFFSET AGAINST Line 3 Total taxable income for Norwood. PERSONAL SERVICES COMPENSATION. HOWEVER, LOSSES MAY BE CARRIED OVER FOR A MAXIMUM Line 4 Tax due before credits – multiply Line 3 by 2%. OF FIVE YEARS. Line 5 Estimated tax payments made to Norwood for tax year 2023. Line 26 Show other taxable income not from business activities – see items listed in Line 2 instructions. Line 6 Taxes withheld by employer and paid to Norwood. Line 27 Total of other income. Add Line 23 and 24. This amount Line 7 Taxes withheld by employer and paid to other localities. should be shown on front page, Line 2. Credit is only allowed on income taxed in another city or county. NOTES: Protection of Taxpayer Information – Any information gained as a result of returns, investigations, etc., shall be confidential. Line 8 Overpayments from prior years’ tax returns. No disclosures shall be made except for official purposes or as ordered by a Court of competent jurisdiction or where disclosure is Line 9 Total credit for the tax year. necessary to conduct a hearing before the Board of Appeals. Line 10 This is your tax due. Subtract Line 9 from Line 4. Balance Be sure to complete the 2024 Estimated Tax Form on the bottom must be remitted with this return. of page 1 if tax will be more than $200.00. Line 11 This is the amount you overpaid. Subtract line 4 from line 9. TAX FORMS ARE ALSO AVAILABLE AT WWW.NORWOODOHIO.GOV – CLICK ON TAX DEPARTMENT |