A. On or before April 15 of each year, every person, resident or nonresident, who resided in the City of Reading for all or any part of the preceding calendar year shall file with the appropriate officer an annual tax return showing all earned income and net profits received and/or earned for the previous year. A husband and wife may file a joint return.
B. If a person has no earned income to report, the word "none" shall be entered on the annual tax return, and the return shall be signed, dated and returned to the officer with an explanation (military service, retired, disability income only, etc.).
C. If net profits are received, the type of business, profession, or activity shall be indicated on annual tax return and the amount of the profits shall be shown on the appropriate line(s) of the return. If a net loss is incurred in the operation of a business activity, it may not be offset against the net profit of other business activities or earned income. Losses shall be indicated as zero in all calculations involving net profits on the annual tax return. Copies of the appropriate Federal or Pennsylvania Income Tax Schedules shall be attached to the annual tax return to substantiate profits and/or losses indicated.
D. When a return is made for a fiscal year, the return shall be filed within 105 days from the end of said fiscal year.
E. The annual tax return shall also show the taxpayer's name, social security number, address, place or places of employment or business, the amounts of tax due, the amount of any credit claimed for tax withheld by an employer (with a copy of the earnings and tax statement) or paid on estimate and such other information as may be indicated on the return form or as may be required by the Officer. Every person subject to the tax shall file such return regardless of the fact that his wages may have been subject to withholding of the tax by his employer and regardless of whether or not tax is due.
F. At the time of filing the annual return, the taxpayer shall pay any tax due.
G. Tax returns must be signed and dated by the taxpayer(s) in the space(s) provided.