Information Release

EW 2000-01  - Ohio and SDIT Withholding Payment and Filing Schedule Compensation Paid During the Year - Issued October 20, 2000

Below is a chart setting forth the changes in the payment and filing requirements for compensation paid during the year.

Description of
Employer
Date withheld
taxes are due
Payment Method Filing Requirements

An employer who accumu- lates or is required to accumulate un-deposited taxes (including SDIT) of $100,000 or more during a partial weekly period2 and whose actual or required payments (including SDIT) during the twelve-month period ending June 30, 2000 were more than $84,000.

Payment (excluding SDIT) is due on the first banking day after the pay date on which the accumulated taxes equal or exceed $100,000.

Payment of SDIT is due no later than fifteen days following the end of each month.

EFT. See Note #1 below.

 

 

Mail with Form SD-101.

Quarterly reconciliation return Ohio Form IT-942 is due no later than the last day of the month following the calendar quarter. Do not file an annual reconciliation Form IT-941. See note #2 on the reverse side.

Ohio Form SD-141 (School District Employer’s Annual Reconciliation of Tax Withheld) is due by January 31st of the next calendar year.

An employer who accumu- lates or is required to accumulate un-deposited taxes (including SDIT) of $100,000 or more during a partial weekly period2 and whose actual or required payments (including SDIT) during the twelve-month period ending June 30, 2000 were less than or equal to $84,000.

Payment (excluding SDIT) is due on the first banking day after the pay date on which the accumulated taxes equal or exceeds $100,000

Payment of SDIT is due no later than fifteen days following the end of each month.

Mail with Form IT-501.

Mail with Form SD-101.

An annual reconciliation Ohio Form IT-941 is due no later than January 31st of the next calendar year. See note #2 on the reverse side.

Ohio Form SD-141 (School District Employer’s Annual Reconciliation of Tax Withheld) is due by January 31st of the next calendar year.

An employer who does not accumulate and is not required to accumulate un-deposited taxes (including SDIT) of $100,000 or more and whose actual or required payments (including SDIT) during the twelve-month period ending June 30, 2000 were more than $84,000.

Payment (excluding SDIT) is due within three banking days after the close of the partial weekly withholding period during which the employer was required to deduct and withhold.

Payment of SDIT is due no later than fifteen days following the end of each month.

EFT. See Note #1 below.

Mail with Form SD-101.

Quarterly reconciliation return Ohio Form IT-942 is due no later than the last day of the month following the calendar quarter. Do not file an annual reconciliation Form IT-941. See note #2 below.

Ohio Form SD-141 (School District Employer’s Annual Reconciliation of Tax Withheld) is due by January 31st of the next calendar year.

An employer who does not accumulate and is not required to accumulate un-deposited taxes (including SDIT) of $100,000 or more and whose actual or required payments (including SDIT) during the twelve-month period ending June 30, 2000 were less than or equal to $84,000 and greater than $2,000.

Payment of state income tax is due no later than fifteen days following the end of each month.

Payment of SDIT is due no later than fifteen days following the end of each month.

Mail with Form IT-501.

Mail with Form SD-101.

An annual reconciliation Ohio Form IT-941 is due no later than January 31st of the next calendar year. See note #2 below.

Ohio Form SD-141 (School District Employer’s Annual Reconciliation of Tax Withheld) is due by January 31st of the next calendar year. See note #2 below.

An employer who does not accumulate and is not required to accumulate un-deposited taxes (including SDIT) of $100,000 or more and whose actual or required payments (including SDIT) during the twelve-month period ending June 30, 2000 were $2,000 or less.

Payment of state income tax is due no later than the last day of the month following the end of the calendar quarter. See note #3 below.

Payment of SDIT is due no later than the last day of the month following the end of the calendar quarter. See note #3 below.

Mail with Form IT-501. 

Mail with Form SD-101.

An annual reconciliation Ohio Form IT-941 is due no later than January 31st of the next calendar year. See note #2 below.

Ohio Form SD-141 (School District Employer’s Annual Reconciliation of Tax Withheld) is due by January 31st of the next calendar year. See note #2 below.

 

NOTES

Note #1: EFT = Electronic Funds Transfer method. The EFT method should not be used for payment of assessed amounts. Furthermore, the EFT method does not apply to payments of withheld SDIT.

Note #2: Ohio Form IT-3 ("Transmittal of Wage and Tax Statement") and a copy of IRS Forms W-2 for the calendar year are due by February 28 of the next calendar year.

Note #3: Ohio Revised Code Section 5747.07(D) sets forth several circumstances under which the Tax Commissioner can require that an employer pay (remit) withheld taxes on a more frequent basis.

For more information about EFT payment requirements, call one of the numbers listed below:

1-877-EFT-OHIO

1-614-466-8063

Ohio Relay Service: 1-800-750-0750.

For more information about withholding tax requirements and reporting requirements, call any of the numbers listed below:

1-888-405-4039 (Toll Free) Ohio Relay Service: 1-800-750-0750.

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1. SDIT = School District Income Tax withheld or required to be withheld.

2. A "partial weekly withholding period" consists of a consecutive Saturday, Sunday, Monday, and Tuesday or a consecutive Wednesday, Thursday, and Friday. There are two partial weekly withholding periods each week except that a partial weekly withholding period cannot extend from the end of one calendar year into the beginning of the next calendar year. Specifically, if January 1 falls on a day other than Saturday or Wednesday, the partial weekly withholding period ends on the thirty first day of the preceding December, and in such situations there will be three partial weekly withholding periods during that week. See Ohio Revised Code section 5747.07. Ohio Revised Code section 5747.07(A)(5) states that for purposes of Ohio Revised Code section 5747.07 a "week" begins on a Saturday and concludes at the end of the following Friday.