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SPRINGFIELD BUSINESS INCOME TAX RETURN
GENERAL INFORMATION INSTRUCTIONS
1. WHO MUST FILE NAME AND ADDRESS
Complete the name and address and federal employer identification number where requested. If
All corporations, partnerships, trusts, estates or other entities conducting business in, the name and address are not correctly shown, make any necessary changes. Indicate the type
performing services in, or deriving income (or loss) from activities in the City of Springfield. of business entity and attach explanation if “Other” is indicated.
Partnerships, joint ventures, associations or other businesses owned by two or more persons LINE 1: Total taxable income from Federal Form 1120, 1120S, 1065 or appropriate federal
and conducting business in the City of Springfield are required to file city returns on an entity return. Federal return with schedules and supporting documentation must be attached.
basis. LINE 2: Use Schedule X to reconcile federal taxable income to City taxable income, when
A return must be filed by any entity engaged in a business or profession in the City of necessary. Net Schedule X adjustment (Line z) should be entered on Line 2. Show
Springfield. A return shall be filed whether or not there is tax due. negative amounts in parentheses.
Form BITR-S is for use by Business entities only. Individual residents or non-residents having LINE 3: Combine amounts on Lines 1 and 2 and enter net amount on Line 3. Show
City of Springfield income (or losses), who file as sole proprietors, use Federal Schedule C, or negative amounts in parentheses.
have other types of income must obtain an individual form from the Division of Taxation. LINE 4: Enter the allowable net operating loss (NOL) carry-forward from the prior tax year using
2. STATUS CHANGES the calculation below:
Taxpayers with name, address or other status changes must file those changes with the (a) Prior year NOL (____________) × 50% = (____________)
Division of Taxation within 30 days of the change. (b) Form BITR-S, Line 3 (____________) × 50% = (____________)
3. AMENDED RETURNS Enter lesser of Line (a) or (b) on Form BITR-S, Line 4
An amended return is necessary for any year in which an amended Federal return is filed or in LINE 5: Subtract line 4 from Line 3 and enter on Line 5. This is the amount of your pre-
which your Federal tax liability has changed. An amended return must be filed within ninety (90) apportioned Net Profit as defined by ORC 718.01(D).
days of the filing date of any amended Federal return and must include a copy of the amended LINE 6: If Schedule Y, Business Apportionment Formula is used, the amount of City of
Federal return.
Springfield Taxable Income is computed by multiplying Line 5 by the percentage on Line 6.
4. WHEN AND WHERE TO FILE The Business Apportionment Formula, Schedule Y, is used to compute the amount of Net Profit
Returns must be filed within 3 1/2 months after the fiscal year-end with the City of apportionable to the City of Springfield when business is conducted both inside and outside of
Springfield, Division of Taxation, PO Box 5200, Springfield, OH 45501. the City. Alternative methods of apportionment must be requested in writing and approved by
the Taxation Administrator before the return is filed.
Any tax due must be paid when filed. Checks or money orders should be made payable to
the City of Springfield and should accompany this return. NOTE: Gross receipts from sales in the City of Springfield (Step 2) means:
Incomplete returns (returns received without signatures or without proper supporting a. The property is shipped to or delivered within the municipal corporation from a
information) may not be accepted; thereby creating potential penalty and/or interest stock of goods located within the municipal corporation.
assessments or delays in refund processing. b. The property is delivered within the municipal corporation from a location outside
5. EXTENSIONS the municipal corporation, provided the taxpayer is regularly engaged through its
Any taxpayer that has duly requested an automatic six month Federal extension shall own employees in the solicitation or promotion of sales within such municipal
automatically receive the same extension for filing the Springfield return. A copy of the Federal corporation and the sales result from such solicitation or promotion.
extension form must be attached to the Springfield return when it is filed. An extension of time to c. Gross from the sale of services shall be sitused to the City of Springfield to the
file is not an extension of time to pay. Interest and penalties will be imposed on any tax balance extent that such services are performed in the City.
remaining due after the original due date.
' LINE 7: For tax years beginning on or after July 1, 2017, City of Springfield Tax Due equals Line
The Ordinance makes no provision for extension on the current years estimate, which must 6 multiplied by 2.40% (.024).
be filed and any amount due paid by the due date.
LINE 8: Show total estimated payments made applicable to this tax year.
6. N E T OPERATING LOSSES ***NEW*** LINE 9: Prior year overpayment is the amount of tax overpaid in the prior year not
In accordance with Ohio Revised Code, Chapter 718.01, pre-apportioned net operating losses refunded, but transferred for use as credit against the liability for the current year.
(NOL) incurred in tax years beginning in 2017 and after are allowed a five (5) year carry- LINE 10: Add Lines 8 and 9 for total credits and enter on line 10.
forward period. Such losses are also subject to a 50% limitation of the deduction as otherwise
allowed for tax years beginning in 2018 through 2022, i.e., the allowable NOL deduction for LINE 11: Subtract Line 10 from Line 7 to compute the balance of tax due. If Line 7 is more
tax years beginning in 2018 through 2022, will be the lesser of 50% of the prior year pre- than Line 10, indicate tax due and proceed to Line 15. If Line 10 is more than Line 7, proceed to
apportioned NOL or 50% of the current year pre-apportioned net profit. Line 13. There is no need for payment if the tax due is $10.00 or less.
7. CONSOLIDATED RETURNS LINE 12 Refer to “Penalties and Interest” (Item 10) in General Information for calculation.
The Division of Taxation may require or disallow the filing of a consolidated return when certain This section will be completed by the Division of Taxation if penalty and interest charges are
transactions, apportionment of expenses, or other devices appear to distort the net profits applicable.
allocable to the City of Springfield. To produce a fair and proper allocation of net profits, such LINE 13: If Line 10 is more than Line 7, an overpayment exists. Enter the overpayment on Line 13.
transactions may be adjusted. LINE 14: If Line 13 is more than $10.00, you may have the overpayment applied to the
8. ROUNDING OFF TO WHOLE DOLLARS next tax year or refunded. Indicate your choice on Line 14. No indication will result in an
overpayment credit to next year. Refunds will be processed in order of date received and
Rounding off to whole dollars is permitted. Eliminate any amount less than fifty cents and mailed within a maximum of ninety (90) days of receipt of a complete return.
increase any amount from fifty cents through ninety-nine cents to the next higher dollar. LINE 15:Indicate the amount of estimated tax due for the next year. You may base the
9. D ECLARATION OF ESTIMATED TAX estimate either on prior year City of Springfield Tax Due (Line 7) or estimated amounts for
current year.
An annual declaration of estimated tax must be filed by every business entityth who estimates
owing more than $200. The declaration must be filed on or before the 15 day of the fourth LINE 16 Multiply Line 15 by 25%.
month of the taxable year, and must be accompaniedth by at least 22.5% of the estimated tax LINE17: Show the overpayment from Line 14 if carried forward. The overpayment as shown
due.th The remaining installments due dates are: 15 th day of the sixth month of the taxable year; on Line 14 of this return is applied to the first quarterly payment. If the overpayment is
15 day of the ninth of the taxable year; and the 15 day of the twelfth month of the taxable year.
Failure to file and pay estimated taxes in timely quarterly installments may result in penalty greater than the first quarterly payment, the difference will apply to the next quarter due.
and interest charges. LINE 18: Line 16 minus Line 17.
Penalty and interest charges will not be made when the total estimatedtax payments, received LINE 19:Add Lines 11, 12, and 18. This amount isdue no later than the 15 th day of the
in timely quarterly installments, are at least 90% ofththe final tax liability or are at least 100% of the fourth month of the taxable year.
previous year final tax liability, and paid by the 15 day of the twelfth month of the taxable year.
10. PENALTIES AND INTEREST FOR TAX YEARS 2016 AND FORWARD SIGNATURE: The tax return must be signed and dated.
Filing year Penalties are charged: The taxpayer (or authorized person) must sign and date the return on the appropriate lines. If
a. For failure to pay the tax when due: (15% of tax due). someone other than the taxpayer completes the return, they should sign as tax preparer and
b. For late filing of tax returns: $25.00 per month for each month the return is late, show address and phone number. Indicate by checking yes or no if we may contact your tax
up to a maximum of $150.00. preparer regarding the preparation of the return. By checking yes, you are authorizing your tax
preparer to correspond with the tax office regarding the processing of the return, missing
Interest is charged for failure to pay the tax when due. Interest is assessed on any tax information, status of refunds or payments, and to respond to tax office notices.
liability remaining unpaid after the due date at the federal short term rate plus 5%. ACCOUNT INFORMATION UPDATE
Complete this form annually to provide our office with current information.
For Under-Payment of Estimated Tax - If at least 90% of the tax liability or 100% of the prior
year tax liability is not paid by the fifteenth day of the twelfth month of the fiscal year, ASSISTANCE
penalty and interest will be assessed on the difference between 90% of the tax For assistance in completing this return, or if you have any questions, please contact the City of
liability and the total payments. Springfield, Division of Taxation, PO Box 5200, Springfield, OH 45501. Office hours are 8:00
11. SUPPORTING DOCUMENTS AM to 5:00 PM Monday through Friday.Phone: (937) 324-7357. Fax: (937) 328-3471.
Documentation is necessary to verify all amounts of taxable or non-taxable incomes, Website: www.springfieldohio.gov
expenses, and deductions as applicable. Additional forms, schedules, or
computations may also be needed to support your City of Springfield tax return in
certain circumstances. (Rev 1/21)
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