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F
Income Taxable to Akron K-1 Income X Taxable %
$0.00 $ $ $ $ $ $ $ $ $ $ $ $ $ $
0
% %
E .00 .00
00%
0.0000 1 20 44
Taxable Percentage Rate Differential / 2.5
TOTAL INCOME
0 0
D .10
- Tax Rate
0 0.00 2.5 0.5 1
Rate Differential 2.5 Worksheet F (Page 2 of Form IR).
0 0
4
2.5 0.00 2.00 1.
kron Account Number _____________________________________________ Tax Rate
A Name ___________________________________________________________ * Akron, OH 44308 * 330-375-2290
for the current year, in Suite 100
BC add it to Line 1 of Worksheet B (Page 2 of Form IR).
enter it in the column
to find Rate Differential. (Note: If the result is less than zero, enter zero.)
0
to find Taxable Percentage.
0
positive number
Name of Taxing Authority (City or JEDD)
AKRON NON-TAXING AUTHORITY CUYAHOGA FALLS WADSWORTH negative number
Income Tax Division * 1 Cascade Plaza -
If result is
(2)
A
__________
K-1 Income
Column A ... amount of K-1 Income allocated to each separate taxing jurisdiction, including Akron. Column B … name of taxing authority (the sample cities shown on the worksheet may be used if appropriate). Column C … tax rate of the city, village or JEDD listed in column B Column D … subtract column C from 2.5 Column E … divide column D by 2.5 Column F … multiply column A by column E. Total Column F. (1) If result is a
Tax Year WORKSHEET K This worksheet must be completed by all Akron residents who receive Distributive Share Income from Partnerships and Ohio S-Corporations. Using this form allows you to combine distributive share income from multiple sources using the percentages of K-1 income that are taxable to the City of Akron. $ $ $ $ $ $ $ $ $ $ $ $ $ $ INSTRUCTIONS FOR COMPLETING WORKSHEET K This worksheet is to be completed by Akron residents who received distributions resulting from ownership in a partnership or an Ohio S-Corporation. From Schedule E, Page 2, enter the income from all Partnerships and Ohio S-Corporations as follows: 1) 2) 3) 4) 5) 6) 7) If more space is needed, make a copy of this worksheet and number them pages 1 & 2.
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