191.06 DECLARATION.

   (a)   Requirement for Filing and Paying Declaration of Estimated Mansfield, Ohio City Income Tax. Every person must file a declaration and pay the estimated tax according to Section C each year, if both of the following apply:

      (1)   The taxpayer estimates to own $150.00 or more in tax after subtracting City withholding and refundable credits, and

      (2)   The taxpayer expects City withholding plus refundable credits to be less than the smaller of:

         A.   90% of the tax shown on the taxpayer’s current year Mansfield tax return, or

         B.   100% of the tax shown on the taxpayer’s previous year’s Mansfield tax return, provided that the previous year’s return reflects a 12 month period.

   (b)   Dates for Filing.

      (1)   Such declaration shall be filed on or before April 15 of each year, or on or before the fifteenth (15th) day of the fourth (4th) month following the date the taxpayer becomes subject to tax for the first time.

      (2)   Those taxpayers having a fiscal year or period differing from the calendar year shall file a declaration on or before the fifteenth (15th) day of the fourth (4th) month following the start of each fiscal year or period.

   (c)   Forms; Credit for Tax Withheld or Paid Another Community.

      (1)   Such declaration shall be filed upon a form furnished by or obtainable from the Finance Director or an acceptable generic form, and credit shall be taken for the City tax to be withheld from any portion of such income. Credit may be taken for tax to be withheld and remitted to another taxing municipality.

      (2)   The original declaration (or any subsequent amendment thereof) may be increased or decreased on or before any subsequent quarterly payment date as provided for herein.

      (3)   For taxpayers who are individuals, such declaration of estimated tax to be paid the City shall be accompanied by a payment of at least twenty-two and one-half percent (22.5%) of the estimated annual tax and at least a similar amount shall be paid on or before the last day of the seventh, tenth and thirteenth months after the beginning of the taxable year.

      (4)   For taxpayers that are not individuals, such declaration of estimated tax to be paid the City shall be accompanied by a payment of at least twenty-two and one-half percent (22.5%) of the estimated annual tax and at least a similar amount shall be paid or before the fifteenth (15th) day of the sixth, ninth and twelfth months after the beginning of the taxable year.

      (5)   The mere submission of a declaration estimating a tax liability shall not constitute filing unless accompanied by the required payment.

   (d)   Amended Declaration.

      (1)   A declaration may be amended at any time.

      (2)   In the event that an amended declaration has been filed, the unpaid balance shown due thereon shall be paid in equal installments on or before the remaining payment dates.

   (e)   Annual Return Required. On or before the fifteenth day of the fourth month of the calendar or fiscal year an annual return or extension shall be filed and any balance which may be due the City shall be paid therewith.

(Ord. 14-191. Passed 10-21-14.)