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Instructions Reset Form Print Form
2023 CLYDE INCOME TAX RETURN
FOR CALENDAR YEAR 2023 OR FISCAL PERIOD ______________ TO ______________
CALENDAR YEAR TAXPAYERS FILE ON OR BEFORE APRIL 15, 2024. FISCAL TAXPAYERS FILE BY 15TH DAY OF THE 4TH MONTH AFTER FISCAL YEAR END.
225 N. Main St.
DECLARING EXEMPTION: Please fill out exemption FILING REQUIRED EVEN IF NO TAX IS DUE Clyde, OH 43410
certificate on page 2 and sign on this page PH: 419-547-8917
FAX: 419-547-8968
www.clydeohio.org
NAME: IF YOU MOVED OR HAD ANY CHANGE IN STATUS DURING 2023,
COMPLETE THE FOLLOWING:
NAME OF SPOUSE IF FILING JOINT:
ADDRESS: Date moved into Clyde
CITY, STATE, ZIP: Previous Address
PHONE #: Date moved out of Clyde
EMAIL ADDRESS: If name change, give previous name
SOCIAL SECURITY # OR FEDERAL ID #_______________________ SPOUSE SOCIAL SECURITY #_______________________

W-2 WORKSHEET 5 6
4 CREDIT ALLOWED FOR QUALIFYING WAGES
Date wages were
Earned (Month/Day) 1 2 3 OTHER CITY TAX OTHER CITIES ON W2
W-2 From To PRINT EMPLOYER’S NAME CITY WHERE EMPLOYED CLYDE TAX WITHHELD WITHHELD (Max - 1.5% of Wages) (greater of box 5 or 18)
COPIES
MUST
BE
ATTACHED
TOTALS
ATTACH A COPY OF 1040, ALL APPLICABLE W-2S, FEDERAL SCHEDULES, EXPLANATIONS ETC…
INCOME 1. Total W-2 wages from column 6 ...............................................................................................................1 $
1a. Miscelllaneous Income - 1099-MISC, W-2G, etc. (Attach Copy of Supporting Documents).............................1a $
2. Income from other than wages (from line 28) ....................................................................................2 $
3. TOTAL CLYDE INCOME. ADD LINES 1, 1a AND 2 ............................................................................3 $
TAX 4. CLYDE INCOME TAX. MULTIPLY LINE 3 BY 1.5% (0.015) ....................................................................4 $
TAX 5. CLYDE income tax withheld from column 3 .......................................... 5 $
WITHHELD, 6. Prior year credits .........................................................................................6 $
7. Estimated payments ................................................................................... 7 $
PAYMENTS
8. Credit for taxes withheld to other cities from column 5 and 8B...................... 8 $
AND CREDITS
9. TOTAL PAYMENTS AND CREDITS. ADD LINES 5 THROUGH 8 ..........................................................9 $
10. BALANCE DUE. If line 4 is more than 9, enter balance due here ........................................................10 $
BALANCE 11. Late filing and late payment penalty (see instructions) .......................................................................11 $
DUE, 12. Interest (see instructions) .......................................................................................................................12 $
REFUND 13. TOTAL DUE. Add lines 10 through 12. Carry to line 23 below (No tax due if $10.00 or less) ............13 $
OR 14. OVERPAYMENT. If line 4 is less than line 9, enter overpayment here......14 $
CREDIT 15. AMOUNT FROM LINE 14 TO BE REFUNDED (no refund if $10.00 or less) ...15 $
16. AMOUNT FROM LINE 14 TO BE CREDITED TO NEXT YEAR (no credit if $10.00 or less) 16 $
DECLARATION OF ESTIMATED TAX – Taxpayers owing more than $200.00 are required by law to set up and pay
ESTIMATE 17. Total estimated income subject to tax $ Multiply by tax rate of 1.5% (0.015) ...............17 $
FOR 18. Subtract any estimated income tax to be withheld or paid to other cities .............................................. 18 $
19. Balance of city income tax declared. Subtract line 18 from line 17 ........................................................19 $
NEXT
20. Tax due before credits. Enter at least 25% of line 19 ............................................................................20 $
YEAR
21. Less credits. Enter line 16 from above ....................................................................................................21 $
22. Net estimated tax due. Subtract line 20 from line 21 ..............................................................................22 $
23. Enter balance due from line 13 above (No tax due if $10.00 or less) ...................................................23 $
TAX DUE
24. TOTAL TAX DUE. ADD LINES 22 & 23. PLEASE MAKE CHECKS PAYABLE TO CITY OF CLYDE...................................24 $

If this return was prepared by a tax practitioner, check here if we may contact him/her directly with questions regarding the preparation of this return.
The undersigned declares under penalty of perjury that this return (and accompanying schedules) is a true, correct and complete return for the taxable period stated and that the figures used herein are the
same as used for Federal Income Tax purposes.

SIGNATURE OF PREPARER, IF OTHER THAN TAXPAYER DATE SIGNATURE OF TAXPAYER DATE

NAME AND ADDRESS OF PREPARER (PLEASE PRINT) TELEPHONE NUMBER SIGNATURE OF SPOUSE (IF JOINT RETURN) TELEPHONE NUMBER

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Instructions
SCHEDULE OF INCOME FROM OTHER THAN WAGES
RETURNS WILL NOT BE ACCEPTED WITHOUT COPIES OF FEDERAL SCHEDULES C AND E, FORMS 1120, 1120S, FORM 1065
WHEN APPLICABLE. MUST INCLUDE ALL PAGES, SCHEDULES & STATEMENTS
FORM OR SCHEDULE INCOME OR LOSS FROM TAX CREDIT ALLOWED
FEDERAL SCHEDULE FOR TAX PAID TO OTHER
CITIES (LIMITED TO 1.5%
OF INCOME)
1. SCHEDULE C – BUSINESS INCOME
(Attach copy of form and any referenced schedules)
2. SCHEDULE E – RENTAL INCOME (Residents enter profit/loss from all properties)
Nonresidents enter only profit/loss from Clyde properties.
3. SCHEDULE F - FARM INCOME (Attach copy of form and any referenced schedules)
4. SCHEDULE K-1 (Residents enter profit/loss from entities that do not pay Clyde
tax on entire distributive share.) (Attach copy of K-1)
5. FORM 1120, 1120S, 1065, 1041
(Attach copy of form and any referenced schedules)
6. TOTAL OF LINES 1 THRU 5
7. Previous Year Net losses (Limited to 5 years)
- schedule must be attached
8. TOTAL INCOME (LOSS) Combine Lines 6 & 7 and enter amount from 8A 8A 8B
on Line 25 below and amount from 8B on Line 8 on page 1.

SCHEDULE X RECONCILIATION WITH FEDERAL INCOME TAX RETURN (NOT FOR INDIVIDUAL NON-BUSINESS USE)
ITEMS NOT DEDUCTIBLE ADD ITEMS NOT TAXABLE DEDUCT
a. Capital Losses (Excluding Ordinary Losses)........................... ______________$
b. Expenses incurred in the production of non-taxable income ... ______________ k. Capital gains (Excluding Ordinary Gains) ............................... $ ______________
c. Taxes based on income (Including Franchise Tax) ................. ______________ l. Interest Income........................................................................ ______________
d. Net operating loss carry forward from Federal Return............. ______________ m. Dividend Income...................................................................... ______________
e. Amounts paid or accrued on behalf of owners/partners for qualified self employed n. Section 179 Deduction ............................................................ ______________
f. Officers Compensation not included in W-2 wages ................. ______________
retirement plans, health insurance and/or life insurance.......... ______________ o. Other (explain)......................................................................... ................................................................................................ ______________
g. Other expenses not deductible (explain) ................................. ______________ ................................................................................................
h. Total additions (enter on Line 26a)...................................... $ ______________ p. Total Deductions (enter on Line 26b) ................................. $ ______________

SCHEDULE Y BUSINESS ALLOCATION FORMULA
a. LOCATED b. LOCATED IN c. PERCENTAGE
EVERYWHERE CLYDE (b ÷ a)
STEP 1 Avg. Original Cost of Real & Tang. personal property ____________ ____________
Gross annual rentals paid multiplied by 8 ____________ ____________
Total Step1 ____________ ____________ ____________ %
STEP 2 Gross receipts from sales made and/or work or services performed ____________ ____________ ____________ %
STEP 3 Wages, salaries, and other compensation paid ____________ ____________ ____________ %
STEP 4 Total percentages ____________ ____________ ____________ %
STEP 5 Average percentage (Divide Total Percentages by Number of Percentages Used) Carry to Line 27b below ____________ %

25 . Total from Schedule of Income From Other Than Wages above (Line 8A) .................................................................................................. $ _____________
26. a. Items Not Deductible...........................................................................................................................................ADD $ ____________
b. Items Not Taxable....................................................................................................................................... DEDUCT $ ____________
c. Enter excess of Line 26A or 26B ............................................................................................................................................................. $ _____________
27. a. Adjusted Net Income (Line 25 plus or minus 26C).............................................................................................................................. $ _____________
. b Amount allocable to Clyde. If Schedule Y is used then, ______% of Line 27a ...................................................................................... $ _____________
28. Amount subject to Clyde Income Tax (Carry to Page 1 Line 2 but not less than -0-)................................................................................. $ _____________

EXEMPTION CERTIFICATE (Signature is required on page 1)

I have no taxable income because of the reason indicated below:

RETIRED – I received only pension, Social Security and/or interest or dividend income for the entire year.
UNDER 18 for the entire year of ______. My date of birth is ___ / ___ / ___. (Attach copy of birth certificate or driver’s license)
ACTIVE MEMBER OF THE U.S. ARMED FORCES for the entire year of _____.
NO EARNED INCOME for the entire year of ______. (Public assistance, SSI, Unemployment, etc. is not considered earned income.)

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                            CITY OF CLYDE INCOME TAX INSTRUCTIONS
WHO MUST FILE:                                                                          PARTIAL YEAR RESIDENTS: If you only lived in Clyde during part of the
Every Resident, full  or partial year,  18  years of age and  older,                    year you must file a tax return covering that time. Report the amount
must file a tax return, whether or not taxes are due, unless that resident is           of income you earned while you lived in Clyde. Pay stubs              with
retired with  no  earned  income.  See  definition  of  earned  income  in  the         year-to-date figures or    a  statement    from your    payroll department
RETIREE section below.                                                                  must be used if available. When the actual amount you earned while
Every Business Entity,  whether  a  resident or  non-resident,                          living in Clyde cannot be determined, you may break down              your
                                                                                        earnings by the number of months employed at the job arriving at a
who  conducts  a  business  in  Clyde  must  file  a  return  and  pay any              monthly earnings figure. Use the monthly earnings figure multiplied by
tax on that profit. If you have a net loss you are still required to file a return. 
(“Business” includes rental income.)                                                    the number of months of residency to find your taxable amount. If
Individuals,        earning  income  in Clyde      not  subject  to the                 you pro-rate your income you must also pro-rate your city tax that
withholding of Clyde income tax must also file a return.                                was withheld on the same income.        Attach a worksheet explaining
                                                                                        your calculations.
If you received a letter of need to file from this office be sure to file, even 
if you  had  no  taxable  income  for  the  year.  If  you  are  not  subject  to       DECLARATION OF ESTIMATED TAX FOR THE COMING YEAR:
Clyde tax complete the exemption certificate on page 2 of the return.                   Taxpayers who expect to receive taxable income for the coming year
RETIREES: Retirees  who  earn  wages,  operate  a  business,  own  rental               in which Clyde tax is not withheld must declare estimated tax
property or earn other income, are required to file.  If your ONLY                      payments, if amount owed is $200 or more, (25% of full amount must
income  source  is  retirement  income  (i.e.  SSI,  other  pensions,  interest,        be paid at the time of filing the Annual     Return).   The   estimated
dividends,  IRA  and  401k  distributions),  complete  the  exemption                   tax payments due June 15th, September 15th, and December 15
certificate on page 2 of the return.                                                    (businesses) or January 15 (individuals) will be billed.
UNDER 18: If a person is under 18, was employed in the city of                          PENALTY AND INTEREST: Except in those cases where an extension 
Clyde  and  had  Clyde  taxes  withheld,  a  refund  will  be  issued after             was filed, a late fee of $25.00 shall be due on returns filed after the due
receiving  a  signed  tax  return  with  W-2s  and  a  copy  of  driver’s               date, even when no tax is due. A late payment penalty of 15% of any
license  or  birth  certificate  attached  for  verification.  If  under  18  for  part balance due that remains unpaid after the due date will also be charged
of the year, include paystub closest to 18th birthday.                                  unless estimated tax payments of at least 90% of the entire tax liability
FILING STATUS: Taxpayers who prepare their  federal and state                           has been paid by December 15th of the period covered by the return.
tax  returns  using  the  “married  filing  separate”  status  to  lower  their         Interest will be charged from the original due date of the return until date of 
overall tax liability may still file a joint return for the City of Clyde. Filing       actual payment. (See city website  for rates). See ORC section 718.27.
a  joint  return  will  neither  increase  nor  decrease  your  City  of  Clyde tax 
liability. Husband and wife may file joint returns, in which case both must             NET OPERATING LOSSES:       Th  e net loss from an unincorporated business
sign the return and submit their social security numbers.                               activity may not be used to offset salaries, wages, commissions or other
                                                                                        compensation. The portion of a net operating loss, based on income taxable
WHEN TO FILE: Taxpayers  who end their taxable year on  December                        under the ordinance allocable to Clyde may be applied against the portion of the 
31 must file on or before the IRS due date. Taxpayers on a fiscal year                  profit  of  succeeding  years  until  exhausted,  but  in  no  event  for  more  than  five  (5) 
must file on or before the 15th day of the fourth month after the close of              years. Loss incurred between 2017- 2022 can now be utilized up to 100%. An NOL
that fiscal year or other period.                                                       schedule must accompany this return.
EXTENSIONS:  If the deadline to file cannot be met, an automatic 
extension will be granted if taxpayer received  an extension on his                     AMENDED RETURNS:  Amended returns are accepted by completing 
federal  return. If an extension was not requested or received for federal              an income tax return with the words “Amended Return” written in red
purposes, a  taxpayer  may  still  request  an  extension  to  file  his  city  tax     ink across the top and indicating the year being amended. The amended
by  sending  a  request to the Tax Commissioner by the unextended due                   return is required within three (3) months of the final determination of any
date of the return. An extension of time to file is not an extension of                 changed tax liability resulting from the Federal audit, judicial decision, or
time to pay. Payment of any estimated tax due should be sent in by the                  other circumstances.
unextended  due  date  of  the  return  to  avoid  a  late  payment  penalty.           TAXABLE INCOME:      Clyde income tax is levied at the rate of 1.5%.
Although  not  required  by  state  law, a courtesy copy of the extension by            Income taxable to the city is listed below. While this list is not 
the due date of the return would be appreciated. A copy of the extension                comprehensive, it encompasses most of the taxable situations. In addition 
must  be  attached  to  the  return  when  filed  or  the  return  will  be             to the listing, the net profits of all unincorporated businesses, professions, 
considered late and a late filing penalty applied.                                      rentals or other activities conducted by residents and non-residents of
                                                                                        the City of Clyde are taxable.

                            TAXABLE INCOME
Wages, salaries and other compensation
Bonuses, stipends and tip income
Commissions, fees and other earned income
Sick pay                                                                                                        NON-TAXABLE INCOME
Employee contributions to retirement plans and tax deferred annuity plans                Interest or dividend income
(including Section 401k, 403b, 457b, etc.)                                               Pre-tax contributions made by or on behalf of employees to cafeteria plans 
Net rental income                                                                        (Sections 125 plans)
Net proﬁts of businesses, professions, sole proprietorships, etc.                        Welfare beneﬁts
Income  of corporations,  partnerships, s-corporations, estates or trusts                Social Security
(Taxed at the entity level)                                                              Income from qualiﬁed pension plans
Vacation pay                                                                             State unemployment beneﬁts
Stock options                                                                            Worker’s Compensation
Net farm income                                                                          Proceeds of life insurance
Prizes and gifts, if connected with  employment,  to  the  same extent  as               Alimony and child support
taxable for Federal Income Tax purposes                                                  Government disability payments
Director fees                                                                            Poll worker income up to $1,000
Income from jury duty                                                                    Military pay (including National Guard)
Strike pay                                                                               Earnings of persons under 18 years of age
Uniform, automobile, moving and travel allowances (in excess of expense)                 Capital gains
Executor fees                                                                            Patent and copyright income
Supplemental Unemployment Beneﬁts (SUB pay)                                              Royalties derived from intangible property
Lottery winnings/Gambling                                                                Compensatory  insurance proceeds derived from property  damage  or 
Compensatory insurance proceeds from lost wage settlements                               personal injury settlements

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LINE BY LINE INSTRUCTIONS
Complete the worksheet detailing the wages received on your W-2s Line 21 – If applicable, enter overpayment from previous year
PAGE 1 (Credit Line 16). If credit Line 1 6exceeds Line 2 ,0credit will carry over into 2nd
Quarter payment. No estimated tax will be due at this time, unless you
Column 1 – Enter employer’s name and dates worked for employer want to pay your remaining estimated balance in full for the year.
in column to left.
Line 22 – Subtract Line 2 1from Line 20.
Column 2 – Enter the city where employed. If your W-2 states “various” or
“all cities,” please attach a copy of the itemized breakdown. Line 23 – Enter amount from Line 1 .3No tax due if balance is $10.00 or less.
Column 3 – Enter City ofClyde tax withheld from Box 19 on the W-2. Line 24 – Add Lines 2 2and 2 . 3 Sign and date return and make
Column 4 – Enter tax withheld for work in other cities. check payable to the City of Clyde Joint . returns must be signed by
both parties.
Column 5 – Enter the smaller of Column 4 or Column 6 multiplied by PAGE 2
1.5%. Clyde allows a tax credit for taxes withheld by another city up to
1.5%. Credit may not exceed 1.5% of the wages taxed by another city on Schedule of Income from other than wages
each W-2 form. Net profits shall be determined on the basis
Line 1 Schedule C:
Column 6 – Enter the wages earned on each W-2. In most cases the of the information used for Federal income tax purposes, adjusted to
amount shown in Box 18 of the W-2 should be used. However, if Box 5 is the requirements of the ordinance. All business entities must attach
higher, that wage must be used to calculate total wages earned. copies of appropriate Federal Schedules.
Line 1 – Enter total amount of W-2 wages from Column 6. Attach all W-2s to Line 2 Schedule E: Residents enter profit/loss from all properties.
back of return. Nonresidents enter only profit/loss from Clyde properties.
Line 1a - Enter income from W-2G, 1099-MISC not included on Federal Line 3 - Schedule F - Farm Income
Schedule C, and any other miscellaneous income. Attach 1099-MISC, W-2G
and any other documentation income on this line. If city tax was withheld, Line 4 - Schedule K-1: Residents only enter profit/loss from entities that do
please enter on Line 5 or 8, whichever is applicable. not file and pay Clyde Tax.
Line 5 - Forms 1120, 1120S 1065, 1041: See Ohio Revised Code Section
Line 2 – Enter the amount of other income from Line 28 from the 718.01(E) & 718.02.
back of the return, but not less than -0-. Attach appropriate
schedules and documentation. Attach 1099s and W-2Gs on the side of Line 6 - Add lines 1 thru 5.
the return with the W-2s.
Line 7 - Previous Year Net Losses: (Limited to 5 Years) - Enter NOL's -
Line 3 – Add Lines 1, 1a and 2. Schedule must be attached - see Income Tax Instructions.
Line 4 – Multiply Line 3by 1.5% (.015). Line 8 - TOTAL INCOME (LOSS): Combine Lines 6 & 7 and enter amount
from 8A on Line 25 below and amount from 8B on Line 8 on front of
return.
Line 5 – Enter tax withheld for Clyde from Column 3.
SCHEDULE X: This schedule is used by businesses for the purpose
Line 6 – Enter any prior year credits. of making adjustments when total income includes income not taxable
and/or not deductible for city purposes. Items not taxable include
Line 7 – Enter any estimated payments made. interest, dividends, capital gains from the sale, exchange or other
disposition of property. Items not deductible include federal,
Line 8 – Enter credit for taxespaid to by other cities from Column 5 and state, local and other taxes based on income, capital losses from
Line 10B from Schedule of income other than wages on back. the sale, exchange or other disposition of property, expenses
incurred in the production of non-taxable income, net operating loss
deduction per Federal return, payment to partners, payments to
Line 9 – Add Lines 5through 8. “officers” unless included on W-2 forms or any other items as
Line 10 - Subtract Line 9from Line 4. If Line 4is more than Line , enter9 prohibited by the Federal or State governments Amounts considered as
balance due. “special deductions” on Federal return are not considered for local tax.
Line 11 – Enter Late Filing and Late Payment Penalty, if applicable. SCHEDULE Y: To be used when the books and records of the taxpayer
do not disclose with reasonable accuracy the net profit attributable
Line 12 – Enter Interest (see city website for rates) on the balance to Clyde. A business allocation formula consisting of the average
due, if applicable. property, wages paid, and gross receipts may be used by business
entities not required to pay tax on entire net profits. See ORC section
Line 13 – Add Lines 10, 1 ,1and 1 .2Enter total here. No tax due if balance is 718.02.
$10.00 or less.
Line 25 – Enter total from Schedule of income other than wages, Line 10A.
Line 14 – If Line 4is less than Line 9, enter overpayment. Enter total from Schedule X, Line h.
Line 26A –
Lines 15 & 16 – Indicate disposition of overpayment either by refund Enter total from Schedule X, Line p.
or credit to next year. Per Ohio Revised Code, no refunds or credit is Line 26B –
issued for overpayments of $10.00 or less. Line 26C – Subtract Line 26B from Line 2 A.6 If Line 2 B6is greater than 2 A,6
Line 17 –Enter total estimated tax on income subject to tax, multiplied by a tax enter as a negative number.
rate of 1.5%. Line 27A –Subtract Line 26C from Line 25.
Line 18 – Enter any Clyde tax to be withheld or credit for tax withheld/paid to Line 27B – Multiply Line27A by allocation percentage from Schedule Y.
Line 28 –
another city. Enter amount from Line27B and carry amount to Page 1 Line 2 .
Line 19 – Enter net tax due by subtracting Line 18 from Line 17. If loss enter -0-.
Line 20 – Enter amount due with estimate, 25% of Line 19.

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