Fill - Free fillable Form 1040NMI: EMPLOYEES ANNUAL WAGE AND SALARY AND PDF form

Form 1040NMI

(Please type or print in ink) (See instructions on reverse side)

First name and middle initial

Present home address

Preparer’s

signature

Firm’s name

(or yours if self-employed),

address, and ZIP

Code

EIN

1 CNMI wages and salaries from Form(s) W-2CM . . . . . . . . . . . . . . . .

2 Other CNMI wages and salaries not included in line 1 . . . . . . . . . . . . . . .

3 Total CNMI wages and salaries (add lines 1 and 2) . . . . . . . . . . . . . . .

. . . . . . . . )DSW eludehcS hcatta( xat yralas dna egaw eht ot tcejbus ton 3 enil no tnuomA 4

. . . . . . . . . . . . . )3 enil morf 4 enil tcartbus( seiralas dna segaw IMNC elbaxaT 5

6 Tax. Annual wage and salary (see tax table on reverse side) . . . . . . . . . . . . .

Check if self

employed

Telephone no. ( )

►

Mailing address ZIP code

Last name

U.S. social security number

Citizenship

Form 1040NMI (2021)

EMPLOYEE’S ANNUAL WAGE AND SALARY

AND EARNINGS TAX RETURN

1 Wage and salary tax and earnings tax. Add line 6 Part A and line 7 Part B . . . . . . . . . 1

2 Education tax credit (attach Schedule ETC) . . . . . . . . . . . . . . . . . . 2

3 Tax after education tax credit. If line 2 is greater than line 1, enter zero. Otherwise subtract line 2 from line 1 3

4 Enter total wage and salary tax and earnings tax withheld and amount paid in 2021 . . . . . . . 4

Your signature Date Occupation

Date Preparer’s social security number

5 Net due or (overpaid). If negative, enclose amount in parenthesis ( ) . . . . . . . . .

PART A

Wage and

salary tax

computation

PART B

Earnings tax

computation

PART C

Combined

chapter 2

tax due or

(overpaid)

SIGN

HERE

1 Gain from the sale of personal property . . . . . . . . . . . . . . . . . .

2 One half of the gain from the sale of real property (see instructions) . . . . . . . . . . .

3 One half of the net income from leasing of real property . . . . . . . . . . . . . .

4a Gross winnings from any gaming, lottery, raffle, etc 4a

4b Less amount excludable . . . . . . . . 4b 4c Balance

5 Other income subject to the earnings tax unless excludable under the earnings tax . . . . . . .

6 Taxable income subject to earnings tax (add lines 1 through 3, line 4c, and line 5 . . . . . . . 6

7 Annual earnings tax. (see tax table on reverse side) . . . . . . . . . . . . . . . 7

Paid

Preparer

Use

Only

Department of Finance

Division of Revenue and Taxation

Commonwealth of the Northern Mariana Islands

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and

belief, they are true, correct, and complete. Declaration of perparer (other than taxpayer) is based on all information of which preparer has any knowledge.

2021

INSTRUCTIONS FOR FORM 1040NMI (2021)

NOTE

Any person who has any income derived in the CNMI and is not required to file a NMTIT return (1040CM) in the CNMI must

file this return.

Type or print your first name, middle initial and last name in the space provided. Enter your citizenship, present home address (village), and your

complete mailing address, i.e. post office box number or general delivery, state, and zip code in the space provided. Type or print your U.S. Social

Security number. If you do not have a U.S. Social Security Number you must obtain one at the U.S. Social Security Administration office. If you are

not eligible to have a U.S. Social Security number, enter the taxpayer identification number (TIN) assigned to you on the space provided.

1. Enter the total wages and salaries received for work performed in the CNMI per Form(s) W-2CM, box 16. If two or more Form W-2CM were

received, combine the wages and salaries and enter the total.

2. Enter other wages and salaries received for work performed in the CNMI which Form(s) W-2CM were not issued or received, i.e. tips, bonuses,

freelance income, etc.

3. Add lines 1 and 2 and enter the total on this line.

4. Enter the amount not subject to the wage and salary tax. This includes amount in the CNMI government/agency employee’s W-2CM box 12,

i.e. housing benefits included in line 1, etc. Complete and attach Schedule WSD Wage and Salary Deduction for deductions taken on this line.

If Schedule WSD is not attached, the deduction will be disallowed.

5. Subtract line 4 from line 3. This is your CNMI wages and salaries that is subject to the wage and salary tax.

6. Compute your tax liability on income reported on line 5 by using the wage and salary and earnings tax table below.

1. Enter the amount of any gain from the sale of personal property (not business property).

2. Enter one-half (1/2) of the amount of any gain from the sale of real property located in the CNMI that was not used in the course of carrying on a

business. Exclude any gain from the sale of real property to the CNMI Government for public purpose.

3. Enter one-half (1/2) of the net income from leasing of real property located in the CNMI including the assignment of any lease that was not in the

course of carrying on a business.

4a. Enter the gross winnings from poker machine jackpot, any gaming, lottery, raffle or other gambling activities in the CNMI.

4b. Enter the amount of poker machine jackpot winnings if jackpot tax was withheld. Attach a copy of Form(s) W-2G.

4c. Subtract line 4b from line 4a.

5. Enter other income subject to the earnings tax unless it is excludable.

6. Add lines 1, 2, 3, 4c, and 5 of this part. This is the taxable earnings income subject to the earnings tax.

Annual earnings tax. Compute the tax liability on income reported on line 6 by using the wage and salary and earnings tax table above.

1. Add the amount on line 6 of Part A and line 7 of Part B. This is your combined Chapter 2 tax due or (overpaid).

2. Enter the amount, if any, of cash contributions made during the tax year to a qualified educational institution or other tax-exempt educational

institution located in the CNMI. The maximum education tax credit (ETC) allowable is the lesser of cash contributions or the aggregate amount

of wage and salary tax, earnings tax, and business gross revenue tax liability. ETC may not exceed $5000.

3. Subtract line 2 from line 1. If line 2 is more than line 1, enter zero. This is the Chapter 2 tax after educational tax credit.

4. Enter the total wage and salary tax withheld and paid as shown in box 17 of the Form(s) W-2CM of 2021. Include any earnings tax (chapter 2)

withheld and/or paid in 2021.

5. Subtract line 4 from line 3. If negative, enclose figure in parenthesis ( ) to indicate an overpayment.

P (overpaid)

(a) 0 1,000.00 0

(b) 1,000.01 5,000.00 2.0%

(d) 7,000.01 15,000.00 4.0%

(e) 15,000.01 22,000.00 5.0%

(f) 22,000.01 30,000.00 6.0%

(g) 30,000.01 40,000.00 7.0%

(h) 40,000.01 50,000.00 8.0%

(i) 50,000.01 and over 9.0%

TAX TABLE FOR WAGE AND SALARY AND EARNINGS TAX COMPUTATION

You must sign your name on the line provided before filing this return. If this return is prepared by a tax preparer, the preparer must also sign on the line provided

Rota District Office Tinian District Office

Division of Revenue and Taxation Division of Revenue and Taxation

P.O. Box 1406 P.O. Box 449

Saipan Central Office

Division of Revenue and Taxation

P.O. Box 5234 CHRB

Saipan MP 96950

Rota, MP 96951 Tinian, MP 96952

Deadline: April 18, 2022 Form

1040NMI (2021)

FROM

RATE

If line 5 is an amount due and the return is filed and/or the tax is paid after the deadline, the amount due is subject to penalty and interest.

The penalty is 5% for failure to file and ½ of 1% for failure to pay for each month or fraction of a month after the due date, plus interest at prevailing

NMTIT rate(s). Please include these charges in your payment; otherwise, we will bill you for it.

Fill Online, Printable, Fillable, Blank Form 1040NMI: EMPLOYEES ANNUAL WAGE AND SALARY AND Form

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Fillable Form 1040NMI: EMPLOYEES ANNUAL WAGE AND SALARY AND

Fill Online, Printable, Fillable, Blank Form 1040NMI: EMPLOYEES ANNUAL WAGE AND SALARY AND Form

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