[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-302621-105":53,"doc-detail-302621-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","business-income-tax-return-for-tax-year-2025-instructions","Business Income Tax Return - For Tax Year 2025 - Instructions","","Business income tax return form for the Village of Millersburg, covering the tax year 2025. Collects taxpayer and business details, federal taxable income, schedule-based adjustments, NOL deduction, and allocation percentage to determine Millersburg taxable income. Calculates Millersburg tax at 1.5%, credits, total payments, and any balance due, including late filing penalties, late payment penalties, and monthly interest on unpaid taxes. Includes estimated tax declaration sections and detailed line-by-line instructions and schedules X and Y.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/business-income-tax-return-for-tax-year-2025-instructions/302621/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/business-income-tax-return-for-tax-year-2025-instructions/302621.png","ImageObject",442,249,{"name":88,"@type":89},"Ben Jamin","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-27","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":79},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What information is needed to complete the Business Income Tax Return for 2025?","Question",{"text":108,"@type":109},"The form requests account and federal ID details, business name and address, phone and email, dates the business operated in Millersburg, and income figures including federal taxable income and schedule-based adjustments. It also includes signature and date fields for the taxpayer or agent and the preparer if applicable.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How is Millersburg taxable income calculated?",{"text":113,"@type":109},"Millersburg taxable income uses taxable income (line 3) minus allowable NOL deduction (line 4), then multiplies by the allocation percentage to determine the portion allocable to the Village of Millersburg. The allocation percentage is referenced from Schedule Y and linked to step 5/page 2 schedule.",{"name":115,"@type":106,"acceptedAnswer":116},"What penalties and interest apply if the return is filed late or taxes are unpaid?",{"text":117,"@type":109},"A late filing penalty is $25.00 for each month the return is past due, capped at $150.00, and it applies regardless of tax liability. A late payment penalty equals 15% of the unpaid tax balance, and interest is calculated using the federal short-term rate plus 5% per year, applied monthly on all unpaid taxes. Total interest and penalties are added to determine the total due including interest and penalties.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},302621,1790222543,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":79,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":73,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},2336478466772,"https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2","| Please mail signed & completed form, along with required documentation & payment to:\u003Cbr>VILLAGE OF MILLERSBURG INCOME TAX DEPARTMENT\u003Cbr>6 N. Washington St Millersburg, OH 44654 Phone (330) 674-6891 Fax (330) 674-9044 | BUSINESS INCOME TAX RETURN | Tax Dept Use Only |  |\n| --- | --- | --- | --- |\n|  |  | Date Rec'd |  |\n|  | |  |  |\n|  | For Tax Year: 2025 | Pmt\u003Cbr>Cash Check \\#\u003Cbr>MO\\# | $ |\n|  | \u003Cbr>Due on or before April 15\u003Cbr>Income Tax Rate is 1.5% |  | 􀉛 |\n|  |  |  |  |\n|  |  |  |  |\n\nAccount \\# Federal ID \\#  \nBUSINESS NAME  \nADDRESS  \n􀉛  \n􀉛  \nFINAL RETURN AMENDED RETURN  \n\n| CITY/STATE/ZIP |\n| --- |\n| PHONE |\n\nEMAIL ADDRESS  \n\n| Dates Business Conducted in Millersburg |  |\n| --- | --- |\n| Begin | End |\n\nINCOME  \n1. TOTAL FEDERAL TAXABLE INCOME (ATTACH COPY OF FEDERAL RETURN)  $   \n2. ADJUSTMENTS (From Schedule X. Page 2)  $   \n3. TAXABLE INCOME (Line 1 plus Line 2)  $   \n4. ENTER ALLOWABLE NOL DEDUCTION ($ )   \n5. AMOUNT ALLOCABLE TO VILLAGE OF MILLERSBURG  %  of step 5, page 2, Schedule Y  \n6. MILLERSBURG TAXABLE INCOME (LINE 3 MINUS LINE 4 MULTIPLIED % ON LINE 5) $  \n\n| TAX |  |\n| --- | --- |\n| 7. MILLERSBURG TAX-Multiply Taxable Income-Line 6 by 1.5% |  $  |\n| CREDITS |  |\n| 8. ESTIMATED TAX PAID TO MILLERSBURG | $ |\n| 9. PRIOR YEAR CREDIT CARRIED FORWARD THAT WAS NOT REFUNDED | $ |\n| 10. TOTAL PAYMENTS & CREDITS (Add lines 8 and 9) |  $  |\n\nBALANCE DUE, CREDIT OR REFUND  \n11. BALANCE OF TAX DUE OR OVERPAYMENT (Line 7 minus Line 10)  \n12. LATE FILING PENALTY = $25.00 for each month the return is past due. Maximum penalty capped at $150.00 PENALTY APPLIES REGARDLESS OF THE TAX LIABILITY ON RETURN  \n13. LATE PAYMENT PENALTY OF 15% ON UNPAID TAX BALANCE  \n14. INTEREST RATE OF FEDERAL SHORT-TERM RATE + 5% PER YEAR, APPLIED MONTHLY ON ALL UNPAID TAXES (.01 X _________MONTHS)  \n15. TOTAL INTEREST & PENALTIES (Add lines 12 through 14)  \n16a. TOTAL MILLERSBURG TAX DUE INCLUDING INTEREST AND PENALTIES (Add line 11 and 15)  \n $   $   \n $   \n $   \n $ $   \n16b. 􀉛 \\#16 IS A POSITIVE NUMBER. TOTAL TAX DUE IS  $   \n16c. 􀉛 \\#16 IS A NEGATIVE NUMBER TOTAL OVERPAYMENT IS  $   \nCheck one: o REFUND o CREDIT  \n A M O U NTS U N D E R $10.00 W I L L N OT B E R E F U N D E D, B I L L E D, OR CA R R I E D F O RWA R D   \n2026 DECLARATION OF ESTIMATED TAX-Required for all Taxpayers who anticipate a Tax Liability of $200.00 or more  \n17. TOTAL ESTIMATED INCOME SUBJECT TO MILLERSBURG TAX$   MULTIPLIED BY 1.5%  \n18. CREDIT FROM PRIOR YEAR OVERPAYMENT  \n19. ESTIMATED TAX DUE (Line 17 minus line 18)  \n20. NET ESTIMATED TAX DUE WITH THIS RETURN (Line 19 x 25%)  \n $   $   \n $   \n $   \nTOTAL DUE  \n21. TOTAL DUE WITH THIS RETURN (LINE 16b + LINE 20 = AMOUNT ENCLOSED  $   \nTHE UNDERSIGNED DECLARES THAT THIS RETURN (INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS) IS A TRUE, CORRECT AND COMPLETE RETURN FOR THE TAXABLE PERIOD STATED UNDER PENALTY OF PERJURY.  \nIF THIS RETURN WAS PREPARED BY A TAX PROFESSIONAL, MAY WE CONTACT THEM DIRECTLY WITH QUESTIONS? o YES o NO  \nSIGNATURE OF TAXPAYER OR AGENT (REQUIRED) DATE SIGNATURE OF TAX PREPARER DATE  \nINSTRUCTIONS  \nLINE 1-  \nLINE 2-  \nLINE 3-  \nLINE 4-  \nLINE 5-  \nLINE 6-  \nLINE 7-  \nEnter Federal taxable income before net operating losses or special deductions from Form 1120, Form 1120S, Form 1065, or Form 1041. ATTACH COPIES OF ALL APPLICABLE FEDERAL FORMS  \nAdjustment: Combine the items \"not deductible\" and the items \"not  \ntaxable: from Schedule X on page 2. Items not taxable must be included in income to be deductible. Carry Schedule X amount to page 1, line 2 Taxable income to Millersburg before allocation. Subtract or add line 2, as applicable from line 1 to determine taxable income  \nENTER ALLOWABLE NOL DEDUCTION Per ORC Chapter 718  \nAllocation percentage from schedule Y used to determine the percentage of income generated within and/or outside Millersburg. Multiply percentage by the amount on line 3.  \nENTER MILLERSBURG TAXABLE INCOME  \nMillersburg income tax: Multiply line 5 by 1.5%(.015) to deter","cbCain4iMoqv5Hn7","https://ap.wps.com/l/cbCain4iMoqv5Hn7","pdf",214160,"English","# Business Income Tax Return\n## Tax Year and Mailing/Payment Instructions\n## Taxpayer and Business Information\n## Income, Adjustments, and Millersburg Allocation\n## Tax Calculation, Credits, and Balance Due\n## Penalties and Interest\n## Declaration of Estimated Tax\n## Instructions by Line\n## Schedule X - Reconciliation with Federal Income Tax Return\n## Schedule Y - Business Apportionment Formula","[{\"question\":\"What information is needed to complete the Business Income Tax Return for 2025?\",\"answer\":\"The form requests account and federal ID details, business name and address, phone and email, dates the business operated in Millersburg, and income figures including federal taxable income and schedule-based adjustments. It also includes signature and date fields for the taxpayer or agent and the preparer if applicable.\"},{\"question\":\"How is Millersburg taxable income calculated?\",\"answer\":\"Millersburg taxable income uses taxable income (line 3) minus allowable NOL deduction (line 4), then multiplies by the allocation percentage to determine the portion allocable to the Village of Millersburg. The allocation percentage is referenced from Schedule Y and linked to step 5/page 2 schedule.\"},{\"question\":\"What penalties and interest apply if the return is filed late or taxes are unpaid?\",\"answer\":\"A late filing penalty is $25.00 for each month the return is past due, capped at $150.00, and it applies regardless of tax liability. A late payment penalty equals 15% of the unpaid tax balance, and interest is calculated using the federal short-term rate plus 5% per year, applied monthly on all unpaid taxes. Total interest and penalties are added to determine the total due including interest and penalties.\"}]","Business Income Tax Return - For Tax Year 2025 - Instructions | PDF",1789794618]