Return with attachments 2023NR due by April 15, 2024 Part 1 - Account Information Account SSN Spouse SSN Name Resident Address Mailing Address Phone Email This form is to be used by individuals who did not live in the City of Newark in 2023 and are reporting income tax was earned in the City and not subject to withholding tax. If you moved out of Newark in 2023 please use form 23LF. Part 2 - Taxable Income & Tax Calculation Round to the nearest whole dollar - do not enter cents A - W-2 Income 1 Enter wages from W-2s Include only wages earned in Newark not subject to withholding Taxable wages (Line 1 Wages) 2 B - Miscellaneous Income 3 Tips (not included on W-2) 4 Work-related bonuses/awards 5 Covenant not to compete 6 Other - attach explanation Total miscellaneous income (add 3 - 6) 7 C - Income from Schedules 8 Schedule C 9 Schedule E 10 1099 - Misc 11 Loss x 0.5 = Total of schedules (add 8 - 12) if loss enter 0 12 Newark Taxable Income (Box 2 + Box 7 + Box 12) 13 Newark Tax (Box 13 X 0.0175) 14 Continue on back |
Part 3 - Credit Calculation Newark Tax ( Bring forward from Box 14) 15 A - Withheld Tax/Other Credits 16 Newark tax withheld on W-2s Total credits - from line 16 17 Newark Tax after credits (Box 15 - Box 17) 18 If Box 18 is $200 or more, you may be required to file a 2024 Estimated Tax Return. See form 24ET for additional information. B - Estimated Tax Payments 19 Estimated 2023 tax payments 20 Taxes carried forward from a prior year Total estimated tax payments (add 19 + 20) 21 Part 4 - Payment/Overpayment Information 2023 Tax Payment Due (Box 18 less Box 21) 22 If Box 22 is less than $10.01 - no payment due Make checks payable to Newark City Income Tax 2023 Overpayment (indicate how to apply below) 23 If Box 23 is less than $10.01 - no credit or refund Credit Account Refund I hereby declare that the information stated above is true, correct and complete. Signature Date Signature Date May we contact this preparer? Signature of Preparer (if different from taxpayer) Date (Circle) Yes No Mail to: Questions? 740-670-7580 phone Newark City Tax Office 740-670-7581 fax PO Box 4577 citytax@newarkohio.net Newark, OH 43058-4577 |
Schedule C - Self Employment Allocation Formula Steps Everywhere Newark City % 1 Average cost of real & tangible personal property Gross annual rentals multiplied by 8 Total Step 1 2 Gross receipts - sales/work/services performed 3 Employee wages, salaries and compensation 4 Total percentages 5 Average percentage - Step 4 divided by the number of steps used - carry to line 2 below Allocation of Schedule C Income to Newark 1 Enter net profit or loss from business or profession 1 2 Enter average percentage from Step 5 in formula 2 3 Multiply Box 1 by Box 2 and enter on Line 8 of Return 3 Print and include a copy of this page with your annual return. |