Enlarge image | City of Saginaw Income Tax 2020 S-1040TC Tax Calculation FOR PART-YEAR RESIDENTS ONLY MUST COMPLETE ADDRESS AND EMPLOYMENT SCHEDULES ON (PAGE 2) OF THE SAGINAW S-1040 RETURN. Name: Social Security No. I Column 1 Column 2 Column 3 Column 4 Non-Resident Non-Resident Resident Total Subject to Non-City Income City Income Income Tax (Col. 2 + Col. 3) 1. Source 0% .75% 1.50% Total Taxpayer Wages Spouse Wages Interest & Dividends Other Income/Loss Adjustments 2. Total To Line 23 S-1040 3. Exemption From Line 24 Of S-1040 4. Taxable Income To Line 25 S-1040 5. Tax To Line 26 S-1040 Instructions Line 1. Indicate source of income, allocate among rates and put total subject to tax (Column 2 + Column 3) in total column. Enter Total on S-1040, Line 1, Column III. Line 2. Add Line 1 amounts (subtract losses & adjustments) Line 3. Prorate exemption amount according to income in Columns 2 and 3 of Line 2. Line 4. Line 2 – Line 3 = Line 4 Line 5. Multiply Line 4 by tax rate for columns 2 and 3, and enter Total on Line 26, Form S-1040. IMPORTANT: ATTACH COPY OF S-1040TC TO YOUR SAGINAW INCOME TAX RETURN |