JOINT ECONOMIC DEVELOPMENT DISTRICTS WHEN TO FILE:
File no later than APRIL 15, 20 21 if you are a calendar
th
Instructions for year filer. Fiscal filers must file by the 15 day of the
fourth month following the close of their fiscal tax year.
Form JR DECLARATION OF ESTIMATED INCOME TAX:
JEDD Business Return
Please note the due dates for Estimated Tax payments. Due
dates for calendar year-end taxpayers are:
Note: The Income Tax Ordinance for tax years through The income tax rate changed from 2.25% to 2.50% effective January 1, 2018
December 31, 2015 has not changed and is posted at Tax % of Estimated Due
Tax Due
www.akronohio.gov/1040. The required new Income Tax Form Date
Ordinance, in accordance with the amended Ohio Revised
Code Section 718, for tax years beginning on and after January JD-1 (Voucher 1) 22-1/2% April 15, 2021
1, 2016 is also posted on the website. JQ-1 (Voucher 2) 45% June 15, 2021
JQ-1 (Voucher 3) 67-1/2% September 15, 2021
JQ-1 (Voucher 4) 90% December 15, 2021
For use in preparing 2020 Returns
The JEDD income tax is governed by the City of Akron For fiscal year-end filers, the corresponding voucher due dates
Income Tax Ordinance, and tax issues are handled are: the fifteenth day of the fourth month, the fifteenth day of the
through the Akron Income Tax Division. The mailing sixth month, the fifteenth day of the ninth month and the
address for JEDD forms and correspondence is fifteenth day of the twelfth month.
JEDDS, P.O. Box 80538, Akron, Ohio 44308. If you If the amount payable as estimated taxes is at least two
have any questions or need JEDD forms, please call hundred dollars, payments must be at least 100% of the prior
330-375-2539. Forms, instructions, tax FAQs and lists of year tax liability or at least 90% of the current year tax
taxable & non-taxable income are also available at liability to avoid penalty and interest charges.
www.AkronOhio.gov/1040. WHAT CONSTITUTES NET PROFITS:
Net profits are based on Adjusted Federal Taxable
1. The income tax rate is 2.50% effective January 1, Income, as is determined under the municipal code
2018. Prior to January 1, 2018, the rate was 2.25%. (Ohio Revised Code Section 718.01), which is
2. Accompanying WORKSHEETS must be available on-line at http://codes.ohio.gov/orc/718 .
completed and used in your calculations for SIGNATURES:
Form JR. A tax return has not been “filed” within the meaning of
3. Loss carryforward amounts must be reported the law, until it is signed by the taxpayer or an agent
on WORKSHEET F, found on Page 1. legally authorized to sign. If the return is prepared by
someone other than the taxpayer, the preparer must
4. A business that is not a C corporation and is also sign and date the return, along with the preparer’s
not an individual, must file as if it is a C cor- phone, address and Social Security Number or federal
poration [OH Revised Code 718.01(E)(1 )].0 EIN. (Preparers who are pre-registered with the City of
WORKSHEET X is designed to help with Akron may use their name and city-issued 3-digit
those calculations. Preparer ID instead.)
5. Enter the federal Principal Business Activity EXTENSIONS:
Code on the bottom of Form JR, Page 1. Any taxpayer that has duly requested an automatic six-
6. WORKSHEET W must be completed if you month extension for filing the taxpayer's federal income
had employees working in the JEDD or if you tax return shall automatically receive an extension for the
leased any employees who worked in the filing of a municipal income tax return. The extended due
JEDD. However, fiscal filers are exempted date of the municipal income tax return shall be the
from filing WORKSHEET W. fifteenth day of the tenth month after the last day of the
taxable year to which the return relates. An extension of
time to file is not an extension of the time to pay. A
taxpayer that has not requested or received a six-month
filing the taxpaextension for federal er's taxincome y
WHO MUST FILE THIS FORM: return may request that the tax administrator grant the
Associations (including S corporations), C corpora- taxpayer a six-month extension of the date for filing the
tions, partnerships and any other entity that has taxpayer's municipal income tax return. If the request is
income which is taxable to the JEDD must file Form received by the tax administrator on or before the date
JR. Also, individuals who file Form 1040 and have the municipal income tax return is due, the tax
JEDD business income from self-employment or rental administrator shall grant the taxpayer's requested
activity (reported on Schedules C, E or F), must file extension. Even if you are unable to pay your taxes
Form JR. owed when they are due, you should file your return
timely to avoid Failure-to-file charges of $25.00 to
$150.00.
- 1 - Rev /1 2021