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IMPORTANT WITHHOLDING TAX CHANGES EFFECTIVE 1-1-2017
Please&read&carefully&to&understand&the&changes&mandated&by&Ohio&Revised&Code&(ORC)&Chapter&718&&
(House&Bill&5&–&Municipal&Income&Tax&Uniformity)&
DEPOSIT%FREQUENCY%REQUIREMENTS:%
MONTHLY$<$&L\RJYVKW$L[WN$KVLON$LJHNQRY$OI$PONQQJRSOHT$OH$NQV$
\KVZOJ[W$UMRVHSMK$YVMK$V`UVVSVS$a4"??$JK$OI$NQV$MLJ[HN$KVb[OKVS$
NJ$XV$PONQQVRS$S[KOHT$MHY$LJHNQ$JI$NQV$\KVZOJ[W$UMRVHSMK$b[MKNVK$
V`UVVSVS$a4##D$The%due%date%is%the%15
th
%of%the%following%month.%
QUARTERLY$<$&L\RJYVKW$UMH$KVLON$b[MKNVKRY$OI$NQVOK$PONQQJRSOHTW$
MKV$[HSVK$NQV$NQKVWQJRS$SVWUKOXVS$IJK$LJHNQRY$IORVKWD$The&due&date&
is&the&last&day&of&the&month&following&the&quarter&end.&
RECONCILIATION%DUE%DATE:%
9QV$KVUJHUOROMNOJH$S[V$SMNV$OW$NQV$RMWN$SMY$JI$:VXK[MKY$JI$NQV$
IJRRJPOHT$YVMKD$
INTEREST%AND %PENALTIES:%
Interest&for&2017$<$1c$\VK$MHH[L $]D!c$\VK$LJHNQ$JK$IKMUNOJH$JI$M$
LJHNQGD$!"#$%&%'$()'(*+'%,(-#($.%(/%,%&+0(&+$%(+#,(1+2(3.+#4%(
+##5+00267$
Late&Payment&Penalty&<$"D#c$\VK$LJHNQ$JK$IKMUNOJH$NQVKVJId$
\VHMRNY$UMHHJN$V`UVVS$!#c$JI$NQV$MLJ[HN$HJN$NOLVRY$\MOSD$
Late&File&Penalty$3$a4!$\VK$LJHNQ$JK$IKMUNOJH$JI$M$LJHN Q$PONQ$M$
LM`OL[L$JI$a2!#D$
Month Due
Ending Date Check# Date Amount
1/31 2/15 ________ ________ ________
2/28 3/15 ________ ________ ________
3/31 4/15 ________ ________ ________
or 1st qtr 4/30 ________ ________ ________
4/30 5/15 ________ ________ ________
5/31 6/15 ________ ________ ________
6/30 7/15 ________ ________ ________
or 2nd qtr 7/31 ________ ________ ________
Month Due
Ending Date Check# Date Amount
7/31 8/15 ________ ________ ________
8/31 9/15 ________ ________ ________
9/30 10/15 ________ ________ ________
or 3rd qtr 10/31 ________ ________ ________
10/31 11/15 ________ ________ ________
11/30 12/15 ________ ________ ________
12/31 1/15 ________ ________ ________
or 4th qtr 1/31 ________ ________ ________
Withholding Tax Worksheet
(Keep for your records – Do not file)
Withholding Tax Worksheet
(Keep for your records – Do not file)
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Helpful&Information&for&Preparing&the&Monthly/Quarterly&Coupon&(Form&W1V1222)&
WHO&MUST&FILE:&
&MUQ$VL\RJYVK$RJUMNVS$PONQOH$JK$SJOHT$X[WOHVWW$PONQOH$NQV$eORRMTV$JI$
BMRNJH$/ORRW.$+QOJ$PQJ$VL\RJYW$JHV$JK$LJKV$\VKWJHW$OW$KVb[OKVS$NJ$
PONQQJRS$BMRNJH$/ORRW$;HUJLV$9M`D$9QV$BMRNJH$/ORRW$OHUJLV$NM`$JI$4D!c$OW$
KVb[OKVS$NJ$XV$PONQQVRS$IKJL$f[MROIYOHT$BMTVW$\MOS$NJ$MRR$VL\ RJ YVVW .$
regardless&of&ageD$
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DEFINITION&OF&TAXABLE&EARNINGS:&
9QV$NVKL$g9M`MXRV$&MKHOHTWh$QMW$NQV$WMLV$LVMHOHT$MW$gf[MROIYOHT$BMTVWh$
MW$SVIOHVS$OH$+*E$@25D#"$]'GD$:JK$LJWN$VL\RJYVVW$NQOW$OW$NQV$g(VSOUMKV$
BMTVh$MLJ[HND$(VSOUMKV$&`VL\N$&L\RJYVVW$MKV$W[XiVUN$NJ$NQV$WMLV$
KVb[OKVLVHNW$VZVH$NQJ[T Q$C J` $!$JI$NQ V$B 34$OW$XRMH^D$
Includes:%
•! 0#2]jG.$0!@.$MHS$%[\\RVLVHNMR$6HVL\RJYLVHN$EJL\VHWMNOJH$
CVHVIONW$]%6C$\MYG$
•! )JHb[MROIOVS$,VIVKKVS$EJL\VHWMNOJH$=RMHW$
•! %NJU^$+\NOJHW$
Does%NOT%include:%
•! ;*%$%VUNOJH$24!$P M TV W$] E MIV NV KOM $=RM H WG$
Failure&to&File&Return&and&Pay&Tax&
'HY$OHSOZOS[MR.$IOKL$JK$UJK\JKMNOJH$PQJ$IMORW.$HVTRVUNW$JK$KVI[WVW$NJ$IORV$M$
KVN[KH.$PQJ$KVI[WVW$NJ$\MY$NQV$NM `.$\VH M RNOVW$MH S $OHNVKV WN$OL \ JWV S.$P Q J$
KVI[WVW$NJ$\VKLON$NQV$9M`$'SL OH OWNKMNJ K$JK$M HY $S[ RY$M[ NQ JKOk VS $MTVH N$J K$
VL\RJYVV$NJ$V`MLOHV$QOW$XJJ^W.$KVUJKSW$MHS$\M\VKW.$PQJ$^HJPOHTRY$LM^VW$
MH$OHUJL\RVNV.$IMRWV$JK$IKM[S[RVH N$KVN [KH .$J K$P Q J$M NNV L \ NW $NJ $SJ $M HY NQ OH T$
NJ$MZJOS$\MYLVHN$JI$NQV$PQJRV$JK$MH Y$\M KN$JI$NQV$NM `$WQM RR$XV$T[ORNY$JI$M $IOKWN$
SVTKVV$LOWSVLVMHJK$MHS$WQMRR$XV$IOHVS$HJN$LJKV$NQMH$a2.###$JK$
OL\KOWJHVS$IJK$HJN$LJKV$NQMH$1$LJHNQW.$JK$XJ N Q.$IJK$VMUQ$JIIVHWVD$9QV$
IMOR[KV$JI$MHY$NM`\MYVK$NJ$KVUVOZV$JK$\KJU[KV$:JKL$B232444$OW$HJN$
KVMWJHMXRV$UM[WV$IJK$IMOROHT$NJ $L M^V $\MY L VH N$MH S $IORV$M$KVN[KH .$JK$KVROV ZV$
YJ[$JI$YJ[K$JXROTMNOJHW$NJ$IORV$OH$M$NOLVRY$LMHHVKD$
$
'HY$UQVU^$OH$\MYLVHN$JI$NM`.$\VHMRNY$MHSlJK$OHNVKVWN$PQOUQ$OW$KVN[KHVS$NJ$
NQV$eORRMTV$LMK^VS$OHW[IIOUOVHN$I[HSW.$MUUJ[HN$URJWVS$JK$WNJ\$\MYLVHN.$WQMRR$
XV$W[XiVUN$NJ$M$a4#$UQMKTV$IJK$NQV$\[K\JWV$JI$SVIKMYOHT$MSSONOJHMR$
\KJUVWWOHT$V`\VHWVW$OHU[KKVS$XY$NQV$eORRMTVD$
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9QV$VL\RJYVK$OW$KVW\JHWOXRV$IJK$\MYLVHN$JI$[HSVK3PONQQJRSOHTD$
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Print Instructions/Worksheet