Enlarge image | CITY OF SPRINGFIELD 202 3BUSINESS INCOME TAX RETURN DIVISION OF TAXATION Due by April 15, 2024or PO BOX 5200 Within 3½ months after fiscal year end. SPRINGFIELD, OH 45501 TELEPHONE: 937-324-7357 FAX: 937-328-3471 IF FISCAL OR PART-YEAR www.springfieldohio.gov MONTH BEGINNING AND MONTH ENDING NAME AND ADDRESS (INDICATE CHANGES) TYPE OF BUSINESS Corporation ______________ Partnership _______________ S Corporation ____________ Other Sole Proprietors: Use Individual Income Tax Return Federal Employer Identification Number: Have questions or need assistance? Email: TaxFilingHelp@springfieldohio.gov. Telephone Number 1. TOTAL TAXABLE INCOME (Per Federal Form 1120, 1120S, 1065, or other appropriate return attached)………………………………………….. $______________________ 2. NET ADJUSTMENT (From Schedule X, Line z below) ................................................................................................................ ........ ........... $ 3. ADJUSTED FEDERAL TAXABLE INCOME (Line 1 plus or minus Line 2) ............................................................................. ........ ................ $ 4. AVAILABLE NET OPERATING LOSS CARRY-FORWARD (lesser of 100% of available NOL, or amount available to make net profit $0.00) $ ______________________ 5. NET PROFIT ( ineL 3 minus Line 4)………………………………………………………………………………………………………………………… $ ______________________ 6. CITY OF SPRINGFIELD TAXABLE INCOME (If Schedule Y is used, % multiplied by Line 5) .............................................. $ _____________________ 7. CITY OF SPRINGFIELD TAX DUE (Line 6 × 2.4%)………............................... ........ ........................................................................................ $ 8. ESTIMATED PAYMENTS ............................................................................................................................. ........ $ 9. PRIOR YEAR OVERPAYMENT .................................................................................................................... ........ $ 10. TOTAL CREDITS (Add Lines 8 and 9) .......................................................................................................... ................................................... $ _____________________ 11. BALANCE OF TAX DUE (Subtract Line 10 from Line 7) NO TAX DUE IF $10.00 OR LESS........................................................................... $ 12. PENALTY $ INTEREST $ UNDER-PAYMENT OF ESTIMATED TAX $ ..................... TOTAL $ 13. OVERPAYMENT (If Line 10 exceeds Line 7) ............................................................................................... ........ $ 14. REFUND _________ CREDIT TO 202 4_______________ NO REFUND OR CREDIT IF $10.00 OR LESS .... $ ESTIMATED TAX 15. TOTAL 2024ESTIMATED TAX DUE (IF ESTIMATE IS $200 OR MORE) . ................................................ ........ $ 16. QUARTERLY AMOUNT DUE (25% OF Line 15) .......................................................................................... ........ $ 17. PRIOR YEAR CREDIT (Line 14) APPLIED TO FIRST QUARTERLY PAYMENT ....................................... ........ $ 18. BALANCE OF FIRST QUARTERLY PAYMENT DUE within 3 ½ months from end of fiscal year (Line 16 minus Line 17)………………………… $ 19. TOTAL DUE (Add Lines 11, 12 and 18). Make check or money order payable to City of Springfield if more than $10.00 ................................... $ ........................................................................................................................................................................ ....... Check # SCHEDULE X – RECONCILIATION WITH FEDERAL INCOME TAX RETURN ITEMS NOT DEDUCTIBLE ADD ITEMS NOT TAXABLE DEDUCT n. Federally reported intangible income such as, but not a. Capital Losses (IRC 1221 or 1231) ....................................... $ limited to, interest, dividends, patent or copyright income $ b. Five percent (5%) of intangible income reported in o. Capital Gains (IRC 1221 or 1231) $ letter “n”, excluding IRC 1221 Capital Losses ....................... $ p. IRC Section 179 expense $ c. Interest and/or other expenses incurred in the q. Other items not taxable (explain) $ production of non-taxable income ......................................... $ ............................................................................................ $ d. Income taxes, City and State (if deducted as expense) ......... $ ............................................................................................ $ e. REIT distributions .................................................................. $ ............................................................................................ $ f. Net Operating Loss deduction per Federal Return ................ $ ............................................................................................ $ g. Guaranteed payments to partners ......................................... $ ............................................................................................ $ h. Retirement plan payments (Keogh, IRA, or other ............................................................................................ $ self-employment retirement plans.) ....................................... $ ............................................................................................ $ i. Health insurance and/or life insurance payments for ............................................................................................ $ owners or owner/employees of non-C Corp entities .............. $ r. TOTAL DEDUCTIONS ...................................................... $ j. Other items not deductible (explain) ....................................... $ m. TOTAL ADDITIONS ................................................................ $ z. NET SCHEDULE X ADJUSTMENT (Line m minus Line r) $ ___________________ SCHEDULE Y – BUSINESS APPORTIONMENT FORMULA a. LOCATED b. LOCATED N I THE c. PERCENTAGE EVERYWHERE CITY OF SPRINGFIELD (b ÷ a) STEP 1 Original cost of real and tangible personal property ............................................................. Gross annual rent s paid multiplied by ...............................................................................8 Total STEP 1 ....................................................................................................................... % STEP 2 Gross receipts from sales made and/or work/services performed (see Instructions)............. % STEP 3 Total wages, salaries, commissions and other compensation of all employees .................. % STEP 4 Total percentages ................................................................................................................. % STEP 5 Average percentage (Divide total percentages by number of percentages used) % (Enter here and on Line 6 above) ....................................................................................... The undersigned declares that this return (and accompanying schedules and statements) 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, and if an audit of the Federal return is made which affects the tax liability shown on this return, an amended return will be filed within 60 days. The undersigned understands that this information may be released to other City Tax Administrators under a shared information plan. Signature Title Date Preparer’s Signature (Other Than Taxpayer) Date If this tre urn was prepared by ta ax practitioner,may we con act yourt prac itionert direc lyt wit h questions regarding the preparation of this return? ___ YES ___NO Address and Zip Code Phone number ATTACH COPY OF FEDERAL RETURN & ALL APPLICABLE SCHEDULES AND STATEMENTS BITR-S (Rev. 01/24) |
Enlarge image | ACCOUNT INFORMATION UPDATE Complet e all questions fully. The in forma iont below will be used o t upda et informa iont curren lyt on ile f . BUSINESS NAME NATURE OF BUSINESS CITY OF SPRINGFIELD LOCATION HOME OFFICE LOCATION HOME OFFICE TELEPHONE FAX CONTACT PERSON E-MAI L ADDRESS DATE BUSINESS BEGAN I N THE IC TY OF SPRINGFIELD NAME AND ADDRESS OF STATUTORY AGENT DO YOU SUBCONTRACT LABOR TO PERFORM WORK IN THE CITY OF SPRINGFIELD ................____YES ___NO If YES, copies of 1099’s issued and/or a schedule showing a breakdown of amounts paid, how much of said work was performed in City of Springfield, names to whom paid including addresses, social security numbers and/or federal identification numbers, must be submitted to this office by April 15. DO YOU HAVE EMPLOYEES WORKING IN THE CITY OF SPRINGFIELD ............................................____YES ___NO If YES, copies of employee W-2 forms must be submitted by February 28. Employers may submit W-2 information electronically using the Social Security Administrators EFW2 filing requirements by March 31. Please refer to City of Springfield Codified Ordinance, Chapter 196. BITR-S (Rev .01/24) |