Form BR
AKRON INCOME TAX
BUSINESS RETURN Tax rate is 2.50% effective 1/1/2018 ACCOUNT NUMBER TAX YEAR
--- FOR TAX OFFICE USE ONLY --- FEDERAL EIN
DUE BY DAYTIME PHONE NUMBER
Fiscal period ________________ to __________________
Check the appropriate box for: FISCAL YEAR IS YEAR WHEN FISCAL TERM ENDS
REFUND (If no amount shows on Line 12 ……. Name & Address: If incorrect or missing, please
this will not be considered a valid request.) DATE MOVED IN OR OUT OF AKRON print or type the correct information in the space below.
EXTENSION ATTACHED ……………..
IN OUT DATE_________
Filing Status – check only one:
C Corp (attach Form 1120 complete)
S Corp (attach Form 1120S complete) PLEASE NOTE: Sole proprietors,
Partnership - (attach Form 1065 complete) individuals who own rental properties, or
LLCs filing as disregarded entities, must
Other___________(attach Federal return) use Akron Form IR.
If your mailing address is other than Akron or is a post office box,
Attach a copy of your federal tax return, including all enter your Akron street address or location of Akron business activity:
supporting schedules, to the back of this form.
_______________________________
1.
1. Enter City Net Profit (Line 6 from Worksheet X) – If a loss, enter zero……………………..………….......
2.
2. Amount allocable to Akron[ _____ %] (Enter Worksheet Y Line 6 or Line 1 above) …………………………….
3. Net Loss Carryforward from Worksheet F (Per ORC 718 limitations. Attach Schedule) ........................ 3.
4.
4. Adjusted Net Income subject to Akron tax (subtract Line 3 from Line 2) …………..………......…..……...
5.
5. Akron Income Tax - 2.5 %0 of Line 4 …………..………......…..….............................................................
6.
6. Estimated payments made for this tax year (do not include penalty & interest payments) ………..….………….....
7.
7. Amount of prior year credits ......................…….............................................................................….….....
8.
8. Total credits allowable (add Lines 6 & 7) .....................................................................................................
9. Balance due (subtract Line 8 from Line 5) PAYMENT IS REQUIRED WITH RETURN if greater than $10.00 9.
Make checks payable to: CITY OF AKRON, OHIO
Mail to: INCOME TAX DIVISION / 1 CASCADE PLAZA - SUITE 100 / AKRON, OH 44308-1161
No remittance is required if the Balance due is $10.00 or less.
10. If Line 8 is greater than Line 5, enter the difference here.........................................................………... 10.
Disburse as follows:11. CREDIT APPLIED TO NEXT YEAR .................…........................................... 11.
12. REFUND (CHECK REFUND BOX ABOVE & ON ENVELOPE) Amounts of $10.00 or less will not be refunded, per State Law. 12.
Please reduce my CREDIT (Line 11) or REFUND (Line 12) by the following amounts I wish to donate: P
POLICE EQUIPMENT FIRE & EMS EQUIPMENT PARKS & RECREATION EQUIPMENT
I
$ $ $
If reducing refund by donations, no refund check will be issued for $10.00 or less. *
_________________________________________________________________________________________________
If you used the services of a tax preparer, the Income Tax Division may need to discuss your tax return, estimated payments and federal schedules
with him or her.
CHECK THE FOLLOWING BOX IF YOU WISH TO ALLOW US TO DISCUSS YOUR AKRON TAX RETURN WITH YOUR PREPARER.
Under penalties of perjury, the undersigned declares that this return (and accompanying schedules) is a true, correct and complete income tax return for the
taxable period stated, and that the figures on accompanying schedules are the same as used for Federal income tax purposes.
LOSS CARRYFORWARD CALCULATION
_____________________________________________ __________ WORKSHEET F (Three year limit for losses used on 20 return)20
SIGNATURE OF OFFICER DATE
3 YRS PRIOR 2 YRS PRIOR 1 YR PRIOR TAX YR
_________________________________________________________ (See Instructions) 50% Limit per 50% Limit per 50 % Limit per OF TOTAL
PRINT NAME OF OFFICER ORC 718 ORC 718 ORC 718 FILING
___________________________________ ____________ ________ Unused Loss
PAID PREPARER - PRINT OR TYPE NAME PHONE # DATE Carryforward
_______________________ _______________________________________________________________ Loss Used THIS YEAR , per
PREPARER SS# / FED ID # PREPARER ADDRESS ORC 718 Limitations(Enter Total on Line 3 above)
and attach calculations.
Principal Business Activity Code: _________________
PLEASE ENTER THE CODE REPORTED ON YOUR FEDERAL TAX RETURN
TAX PRACTITIONER AKRON ID #
Website: www.AkronOhio.gov/1040 Telephone number: 330-375-2539
Rev 1/2021