Is it necessary to file Form OL-3 if activity ceased prior to the date printed on the tax return?
LouisvilleKy.gov - Help/Resources - FAQYes. The Revenue Commission must be advised in writing that there was no activity conducted within Louisville Metro, Kentucky, or Jefferson County. Check the box on Form OL-3 that indicates "No Activity". If you plan to conduct no activity within this jurisdiction in the future, also check the "Final Return" box and indicate the date activity ceased in this jurisdiction. The Revenue Commission will then close your occupational tax account.
Who is required to file an Occupational License Tax Return (Form OL-3)?
LouisvilleKy.gov - Help/Resources - FAQAny individual (resident or nonresident) or business entity (partnerships, corporations, s-corporations) who receive taxable compensation are required to file a Form OL-3 and pay the occupational tax to the Revenue Commission, if due. If taxes are not withheld by your employer or you are engaged in a business, you must file a Form OL-3 each year whether or not tax is due. Business activity includes rental property, sole proprietorships (Schedule C), partnerships, and corporations.
What is the penalty for failure to file Form OL-3 timely?
LouisvilleKy.gov - Help/Resources - FAQFive percent (5%) per month, or a fraction of a month, of the amount of the unpaid tax which would have been due, up to a maximum of twenty five percent (25%). Interest is computed at 12% per annum from the original due date until the date of payment. There is a five percent (5%) penalty for failure to pay the tax by the due date.
Can I E-file my IFTA Quarterly Tax Return now and pay the amount I owe at a later date?
IFTA E-file (International Fuel Tax Agreement) Frequently As...Your payment must be mailed by the due date of the return. Example: The current reporting period is July 1, 2006 - September 30, 2006 with a due date of October 31, 2006. If you E-filed your IFTA Quarterly Tax Return on October 20th your payment must be postmarked with the October 31, 2006 date to avoid interest and penalty fees. Internet Explorer – Right click on the Internet Explorer icon on your desktop and select "Properties".
What if I don't return my Benefits Enrollment Form by the due date printed on the form?
ERACPeople - Enrollment QuestionsIf you do not enroll and select your choice of medical plans within the time allowed, your coverage will automatically default to single (employee only) coverage through UnitedHealthcare's PPO500 Plan which is packaged with dental coverage through Delta Dental and prescription drug coverage through Express Scripts.
What is the due date for my Virginia income tax return?
Virginia Department of TaxationThe due date for your Virginia income tax return is May 1. If the due date falls on a Saturday, Sunday or legal holiday, you may file your return on the next business day. The United States Postal Service postmark is used to verify the date your return is mailed. If you are a fiscal year filer, your return is due the 15th day of the fourth month, following the close of your fiscal year.
I am not a franchise. Why do I have to file a franchise tax return?
Frequently Asked Questions - Corporation Franchise TaxFranchise tax is not based upon whether or not a corporation is a franchise. It is a business tax based upon a corporation's assets.
When do I file a short period franchise tax return?
Frequently Asked Questions - Corporation Franchise TaxIf you are filing a short period for a reason other than those previously stated you must attach a detailed explanation when filing your MO-1120. You will be notified if the short period is disallowed or adjustments were made to a previously filed return.
What is the date of the balance sheet I should use to compute my franchise tax return?
Frequently Asked Questions - Corporation Franchise TaxThe corporation must use the assets as of the first day of the taxable period. For example, a calendar 2008 franchise tax return is based upon assets as of December 31, 2007 or January 1, 2008 and it covers the taxable period from January 1, 2008 to December 31, 2008. A fiscal year end taxpayer (for example) uses the March 31, 2008 or April 1, 2008 balance sheet for the taxable period from April 1, 2008 to March 31, 2009.
What happens if I don't file a tax return or pay any taxes due by the due date?
Department of Executive AdministrationYou will owe the City additional penalties and interest if tax returns are not filed and any resultant taxes are not paid by the due date. Penalties and interest are charged as follows: or 15% of the tax due (whichever is greater) if received after the last day of the first month following the due date. or 25% of the tax due (whichever is greater) if received after the last day of the second month following the due date.
Do I need a special form to file an amended or an additional use tax return?
Frequently Asked Questions - Use TaxNo. A special form is not needed to file an amended or an additional return. A copy of the original form may be used. Indicate additional or amended by writing it on the return. For additional sales tax forms, click here.
Do I file a short period franchise tax return if I sold my corporation?
Frequently Asked Questions - Corporation Franchise TaxA short period franchise tax return may not be required when there is a change in ownership unless there has been a subsequent change in accounting periods. Normally, the prior and present owners pro-rate the taxes during the course of the sale of the business.
What is the due date for my tax return?
FAQArizona individual income tax returns are due on the 15th day of the 4th month after the close of the taxable year. For most people, this is April 15th. If April 15th falls on a Saturday or Sunday, the return is due on the next business day. Tax returns for the year 2001 are due on April 15, 2002, unless you have obtained a valid extension.
What form do I use to file an amended income tax return?
Frequently Asked Questions - Corporation Income TaxFor tax years beginning on or after January 1, 1993, the same form is used to file an amended return that was used to file the original return. For tax years prior to 1993, the Form MO-1120X is used. Forms may be obtained by calling (800) 877-6881 or (573) 751-5337 or downloading from our tax forms page or by fax at (573) 751-4800.
How do I Report a Rental Activity on My Tax Return?
FAQs on Taxes and Rental PropertyYou report the income and deductions for rental properties on page 1 of Form 1040, Schedule E, Supplemental Income and Loss. The total income or loss of your rental property is computed on Schedule E and then entered on Form 1040. Tax return preparation software assist you with compiling rental data and reporting the information on the appropriate lines of the appropriate forms.
If I am unable to file my return by the due date, can I get an extension?
Frequently Asked Questions - Individual Income TaxIf you receive an extension of time to file your federal income tax return, you will automatically be granted an extension of time to file your Missouri income tax return. Attach a copy of your federal extension (Federal Form 4868 or 2688) with your Missouri income tax return when you file. If you expect to owe income tax, file Form MO-60 with your payment by the original due date of the return. An extension of time to file does not extend the time to pay.
Q:What if I cannot file my return by the extended due date?
Frequently Asked Questions about the April 16, 2007, Storm R...If you are unable to meet the additional deadline, you should file Form 4868, "Application for Automatic Extension of Time to File U.S. Individual Tax Return" by April 26, 2007.
When can I return to normal activity?
FAQ'sYou can resume normal activity within 4 to 6 weeks after your operation. Any pain related to the surgery should go away after 10 days or so. General fatigue can last from 3 to 4 weeks after surgery.
Do I have to file a DC income tax return?
Office of Tax and Revenue: FAQs: General FilingYour permanent residence was in the District of Columbia for either part of or the full taxable year. You lived in the District of Columbia for 183 days or more during the taxable year, even though your permanent residence was outside the District of Columbia. You were a member of the armed forces and your home of record was the District of Columbia for either part of or the full taxable year.
