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.
* * * * *
________________________________________
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.