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                                                                  2023 TIPP CITY                   File with:
                                                                                             Tipp City Tax 
                                                          BUSINESS TAX RETURN                Department
                                                                                             260 S Garber Dr
                                                                                           Tipp City OH 45371
                                                  DUE ON OR BEFORE APRIL 15, 2024
                                                                                          Phone (937) 667-8426
                                                  OR 3 1/2 MONTHS AFTER YEAR END           Fax (937) 667-6734
                                           FISCAL YEAR ______________ TO ______________

Account Number   ______________                                                           
                                                                                                                                                                                                              Federal ID #             ______ - _____________________

Business Name      _________________________________________________________________
                                                                                                                                                                                                              □  Final 

Mailing Address     _________________________________________________________________
                                                                                                                                                                                                              □  Amended

City/State/Zip        _________________________________________________________________                                                                                                                       □  Short Year     ______________ to ______________

Section A          2023 Tax Calculations - Attach copy of Federal return

1 Total federal taxable income                                                                                                                                                                                1

2 Add items not deductible (from line K Schedule X on page 2)                                                                                                                                                 2                                  

3 Subtract items not taxable (from line R Schedule X on page 2)                                                                                                                                               3 (                                 )

4 Adjusted federal taxable income before apportionment (sum of lines 1 and 2 less line 3)                                                                                                                     4

5 Pre-apportioned loss deduction from tax years beginning on or after 1/1/18 (from page 2)                                                                                                                    5 (                                 )

6 Pre-apportioned net profit (line 4 less line 5)                                                                                                                                                             6

7 Apportionment percentage from page 2, Schedule Y, step 5                                                                                                                                                    7         %

8 Municipal taxable income (multiply line 6 by line 7)                                                                                                                                                                                                                                       8

9 Tipp City income tax due (multiply line 8 by 1.5%)                                                                                                                                                                                                                                         9

10 Estimated payments and/or credits                                                                                                                                                                                                                                                         10

11 If line 9 is greater than line 10, enter balance due (if not greater than, enter 0)                                                                                                                                                                                                       11

12 If line 10 is greater than line 9, enter amount overpaid and record as a refund or credit below                                                                                                            12

Overpayment refund ____________ credit ____________ (no refund or credit if $10 or less)

13a Underpayment penalty ____________ interest ____________ (if applicable - see instructions)                                                                                                                13a

13b Penalty (see instructions)                                                                                                                                                                                13b

13c Interest (see instructions)                                                                                                                                                                               13c

13d Late fee (see instructions)                                                                                                                                                                               13d

14 Total penalty, interest and late filing fee (add lines 13a, 13b, 13c and 13d)                                                                                                                                                                                                             14

15 Total tax and penalties (add lines 11 and 14) (payable to Tipp City Tax) (no payment due if $10 or less)                                                                                                                                                                                  15

Section B          2024 Declaration of Estimated Tax - Must be completed by taxpayers who anticipate a tax liability of $200 or more

16 Total estimated income subject to tax ____________ multiplied by tax rate of 1.5%                                                                                                                          16

17 Declaration due (multiply line 16 by 25%)                                                                                                                                                                  17

18 Overpayment credit from 2023                                                                                                                                                                               18
19 Declaration due (line 17 less line 18) (subsequent payments are due 6/15, 9/15 and 12/15)                                                                                                                                                                                                 19

Total due with this return (add lines 15 and 19) (payable to Tipp City Tax)                                                                                                                                                                                                                  $ ________________

If this return was prepared by a tax practitioner, may we contact him/her directly with questions regarding the preparation of this return?    □ Yes    □ No

The undersigned declares that this return (and all accompanying documents) is a true, correct and complete return for the taxable period stated.

____________________________________________________________        ____________________________________________________________
 Signature of preparer (other than taxpayer)                                                                 Date                                             Taxpayer signature                                                                                                         Date

____________________________________________________________        ____________________________________________________________
 Preparer's telephone number                                                                                                                                                         Preparer's e-mail address



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  Net operating losses (Pre-apportioned)

  2018 _____________ 2019 _____________ 2020 _____________

  2021 _____________ 2022 _____________ Amount used to offset 2023 net income

  Schedule X - Reconciliation with federal income tax return

                                 Items not deductible (additions)

A Capital losses and IRC Section 1231 losses                                                 A
B Taxes on or measured by net income                                                         B
C Expenses attributable to intangible income (5% of total intangible income, excluding       C
  capital gains)
D Guaranteed payments to current or former partners, shareholders or members                 D
E Amounts paid or accrued to a qualified self-employed retirement plan for current or        E
  former partners, shareholders or members of non-C Corporation entities
F Amounts paid or accrued to or for health or life insurance for current or former partners, F
  shareholders or members of non-C Corporation entities
G Depreciation recovery (non-C corporation entities are subject to IRC Section 291           G
  depreciation recovery on Section 1250 property)
H Loss incurred by a pass-through entity owned directly or indirectly by a taxpayer and      H
  included in the taxpayer's federal taxable income unless the loss is included in the net
  profit of an affiliated group in accordance with ORC 718.06(E)(3)(b)
I Real Estate Investment Trust (REIT) distributions                                          I
J Other - please list _________________________________________________________              J
K Total additions (add lines A through J)                                                                    K

                                 Items not taxable (deductions)

L Capital gains and IRC Section 1231 gains (do not deduct IRC Section 1245 and 1250 gains)   L
M Dividend income                                                                            M
N Interest income                                                                            N
O Other intangible income as defined in ORC 718.01(S)                                        O
P Net profit of a pass-through entity owned directly or indirectly by the taxpayer and
  included in the taxpayer's federal taxable income unless the net profit is included in the
  net profit of an affiliated group in accordance with ORC 718.06(E)(3)(b)                   P
Q Other - please list _________________________________________________________              Q
R Total deductions (add lines L through Q)                                                                   R

  Schedule Y - Business apportionment formula
                                                                                              (B) Located in          Percentage               
                                                                      (A) Located Everywhere
                                                                                              Tipp City               (B / A)
  Step 1 - Original cost of real and tangible personal property       ______________          ______________
                 Gross annual rents paid multiplied by 8              ______________          ______________
                 Total step 1                                         ______________          ______________          ______________
  Step 2 - Wages, salaries and other compensation paid                ______________          ______________          ______________
  Step 3 -Gross rcpts from sales made or work/svcs performed          ______________          ______________          ______________
  Step 4 - Total percentages (add percentages from steps 1, 2 and 3)                                                  ______________
  Step 5 - Apportionment percentage (divide step 4 by number of percentages used) enter on page 1, line 4             ______________






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