(A) Every person who anticipates the receipt of any taxable income which is not subject to § 36.25, or who engages in any business, profession, enterprise, or activity subject to the tax imposed by § 36.22, shall file a declaration setting forth the person's estimated taxable income, together with any estimated tax due thereon, if any and if the estimated tax due exceeds $200 for the year. However, if a person's income is wholly from wages from which the tax will be withheld and remitted to the municipality in accordance with § 36.25, the person need not file a declaration.
(B) (1) Such declaration shall be filed on or before April 15 of each year during the life of this chapter, or within three and one-half months after the date the taxpayer becomes subject to the provisions of this chapter.
(2) Those taxpayers reporting on a fiscal year basis shall file a declaration within four months after the beginning of each fiscal year or period.
(C) (1) The declaration shall be filed on a form furnished by, or obtainable on request from, the Director of Finance and Records. However, credit shall be taken for the municipal tax to be withheld from any portion of such income to determine the estimated tax due.
(2) The original declaration, or any subsequent amendment thereof, may be amended at any time.
(3) An amended declaration must be filed on or before January 31 of the following year, or in the case of a taxpayer on a fiscal year, on or before the date fixed by regulation of the Director, if it appears that the original declaration made for the taxable year underestimated the taxpayer's income by 30% or more. At such time a payment, which together with prior payments is sufficient to pay the taxpayer's entire estimated liability, shall be made. If on the filing of the return required by § 36.24 it appears that the taxpayer did not pay 70% of his or her tax liability, as shown on the return, on or before January 15, or the date fixed by regulations, whichever is applicable, the difference between 70% of the taxpayer's tax liability and the amount of estimated tax actually paid on or before January 15, or the date fixed by regulation, whichever is applicable, shall be subject to the interest and penalty provisions of § 36.29.
(D) Beginning January 1, 2003, individual taxpayers seeking to remit a payment of estimated taxes shall remit such payments only as prescribed by divisions (D)(1) to (4) of this section, subject to divisions (E) and (G)(1) and (2) of this section.
(E) (1) Not more than 22.5% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the fifteenth day of April or the day on which the annual tax return for the prior year is required to be filed disregarding any extension, as prescribed by ordinance or rule of the municipal corporation;
(2) Not more than 45% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the 15th day of July;
(3) Not more than 67.5% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the 15th day of October;
(4) Not more than 90% of the taxpayer's estimated tax liability for the year referred to in division (B)(1), (2), and (3) of this section shall be required to have been remitted on or before the 15th day of January.
(F) Any amount deducted and withheld for taxes from the compensation of an individual shall be considered as estimated taxes paid in equal amounts on each of the payment dates prescribed by division (B) of this section.
(G) Beginning January 1, 2003, taxpayers that are not individuals seeking to remit a payment of estimated taxes shall remit such payments only as prescribed by divisions (F)(1) to (4) of this section, subject to divisions (E) and (G)(2) of this section:
(1) Not more than 22.5% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the day on which the annual tax return for the prior year is required to be filed disregarding any extension or, in the case of a fiscal year taxpayer, the fifteenth day of the fourth month of the taxpayer's taxable year;
(2) Not more than 45% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the fifteenth day of June or, in the case of a fiscal year taxpayer, the fifteenth day of the sixth month of the taxpayer's taxable year;
(3) Not more than 67.5% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the fifteenth day of September or, in the case of a fiscal year taxpayer, the fifteenth day of the ninth month of the taxpayer's taxable year;
(4) Not more than 90% of the taxpayer's estimated tax liability for the current year shall be required to have been remitted on or before the fifteenth day of December or, in the case of a fiscal year taxpayer, the fifteenth day of the twelfth month of the taxpayer's taxable year.
(H) A municipal corporation shall not impose any penalty, interest, interest penalty, or other similar assessment or charge against a taxpayer for the late payment or nonpayment of estimated tax liability in either of the following circumstances:
(1) The taxpayer is an individual who resides in the municipal corporation but was not domiciled there on the first day of January of the current calendar year;
(2) The taxpayer has remitted, pursuant to division (B) or (D) of this section, an amount at least equal to 100% of the taxpayer's tax liability for the preceding year as shown on the return filed by the taxpayer for the preceding year, provided that the return for the preceding year reflected a 12-month period and the taxpayer filed a return for the preceding year.
(I) On or before the fifteenth day of the fourth month of the calendar or fiscal year following that for which the declaration or amended declaration was filed, an annual return shall be filed and any balance which may be due the municipality shall be paid therewith in accordance with the provisions of § 36.24.
('80 Code, § 93.07) (Ord. 741, passed 4-3-73; Am. Ord. 2004-15, passed 10-19-04; Am. Ord. 2015-04, passed 12-1-15) Penalty, see § 36.99