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2023 CITY OF SAGINAW 2023
DECLARATION OF ESTIMATED INCOME TAX
FORM S-1040ES
FOR INDIVIDUALS, CORPORATIONS AND PARTNERSHIPS
INSTRUCTIONS FOR SAGINAW DECLARATION OF ESTIMATED INCOME TAX

WHO MUST MAKE A DECLARATION

A. INDIVIDUALS AND UNINCORPORATED BUSINESSES: Every resident or non-resident who expects taxable income
from which the Income Tax will not be withheld, must file a Declaration of Estimated Income Tax. A Declaration is not
required if the estimated tax, Line 7 of the Worksheet for Declaration of Estimated Income Tax, is One Hundred Dollars
($100.00) or less. A husband and wife may file a joint Declaration.

B. CORPORATION: Every corporation subject to the tax on all or part of its net profits must file a Declaration of Estimated
Income Tax. A Declaration is not required from a corporation if the estimated tax, Line 7 of the Worksheet for Declaration of
Estimated Income Tax, is Two Hundred Fifty Dollars ($250.00) or less.

C. PARTNERSHIPS: A partnership whose partners are subject to tax on all or part of their distributive share of net profit may file
a Declaration of Estimated Income Tax, and the partners will not be required to file individual Declarations unless they have
other income on which the Saginaw Income Tax is expected to exceed One Hundred Dollars ($100.00). The names, addresses
and social security numbers of the partners on whose behalf the Declaration is filed shall be shown on an attached schedule.

WHEN AND WHERE TO FILE DECLARATION AND PAY THE TAX

A. CALENDAR YEAR TAXPAYERS

1) FILING: The Declaration for 2023 must be filed on or before April 30, 2023

2) PAYMENT: The estimated tax shall be paid in full with the Declaration or in four (4) equal installments on or before
April 30, 2023, June 30, 2023, September 30, 2023 and January 31, 2024.

B. FISCAL YEAR TAXPAYERS

1) FILING: The Declaration for 2023 must be filed within four months after the beginning of the fiscal period.

2) PAYMENTS: The estimated tax may be paid in full with the Declaration or in four (4) equal installments on or before
April 30, June 30, September 30, and January 31, or on or before the 4th, 6 ,th9 th and 13th month after the beginning of
the taxable fiscal year. The first installment payment must accompany the Declaration.

INCOME SUBJECT TO SAGINAW INCOME TAX

A. RESIDENTS: All salaries, wages, bonuses, commissions and other compensation, net profit from a business or profession, net
rental income, capital gains less capital losses, dividend income, interest income, income from estates and trusts, and other
income.

B. NON-RESIDENTS: Salaries, wages, bonuses, commissions and other compensation for services rendered or work performed
in Saginaw; Net rental income from property in Saginaw; Net profits from a business, profession or other activity to the extent
that it is from work done, services rendered or activity conducted in Saginaw; Capital gains less capital losses from the sale of
real or tangible personal property located in Saginaw. The ordinance and regulations should be reviewed if you have a question
concerning the allocation of income earned in Saginaw.

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HOW TO FILE
A. Your annual return for the preceding year may be used as the basis for computing your declaration of
estimated tax for the current year.
B. You may use the same figure used for estimating your federal income tax adjusted to exclude any income or
deductions not taxable or permissible under the Saginaw Income Tax Ordinance.

WITHHOLDING TAX CREDITS AND OTHER CREDITS (Line 5)
A. WITHHOLDING TAX CREDITS: You may subtract from your estimated Saginaw Income Tax (Line 4),
the amount of Saginaw income tax expected to be withheld.

B. INCOME TAX PAID TO ANOTHER CITY: If you are a resident of Saginaw and pay income tax to
another city on income earned outside of Saginaw you may subtract from your estimate of Saginaw income
tax the amount of income tax expected to be paid to the other city. This credit may not exceed the amount
of tax assessable under the Saginaw Income Tax Ordinance on the same amount of income of a non-
resident. (Worksheet Line 6)

C. INCOME TAX PAID BY PARTNERSHIPS: If you are a member of a partnership, which elects to file a
return and pay the tax on behalf of the partners, you may subtract, from your estimate of Saginaw Income
Tax, the amount of tax expected to be paid by the partnership for your distributive share of net profits.
(Worksheet Line 6)

AMENDED DECLARATION: If you have filed a Declaration and find that your estimated tax is substantially
increased or decreased as a result of a change in your income or exemptions, you may amend your estimate at the
time of making a quarterly payment.

PENALTIES AND INTEREST: If the total amount of tax withheld and estimated tax paid is less than seventy
percent (70%) of the final tax due, interest and penalties will be charged.

FORMS OR INFORMATION: Forms or information may be obtained in 3 ways.
1. Visit our website atwww.saginaw-mi.com
2. Visit us at the Income Tax Office in City Hall Room 105.
3. Phone us at (989) 759-1650.

NOTE: FILING A DECLARATION OF ESTIMATED TAX DOES NOT EXCUSE THE TAXPAYER FROM
FILING AN ANNUAL RETURN EVEN THOUGH THERE IS NO CHANGE IN THE DECLARED TAX
LIABILITY.

WORKSHEET FOR 2023 DECLARATION OF
ESTIMATED INCOME TAX 2023 PAYMENT RECORD
(KEEP FOR YOUR RECORDS)
1. TOTAL SAGINAW INCOME EXPECTED IN 2023 $ VOUCHER DATE CHECK TAX
(See Instructions) NUMBER PAID
2. EXEMPTIONS ($750 for each exemption; Does not $ 1 $
apply to corporations)
3. ESTIMATED SAGINAW TAXABLE INCOME $ 2 $
(Line 1 less Line 2)
4. ESTIMATED SAGINAW INCOME TAX BEFORE
CREDITS (Non-resident individuals enter .75% of Line 3, $ 3 $
All other taxpayers enter 1.50% of Line 3)

5. AMOUNT OF SAGINAW TAX TO BE WITHHELD $ 4 $

6. AMOUNT OF OTHER CREDITS $ TOTAL PAID $
7. ESTIMATED SAGINAW INCOME TAX DUE
(Line 4 less Lines 5 and 6) $

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                                              CITY OF SAGINAW-INCOME TAX OFFICE                                                                            VOUCHER                          Due Date 
2023                   QUARTERLY STATEMENT-DECLARATION OF ESTIMATED TAX                                                                                           NO.  1            
                                   For Calendar Year 2023   or Fiscal Year Ending __________, 20____                                                                               April 30, 2023 
SOCIAL SECURITY NUMBER                                                          EMPLOYER I.D. NUMBER                                                                               
 
       TAXPAYER’S  NAME AND ADDRESS                                             MAKE CHECKS PAYABLE TO:                                                                                          
                                                                                TREASURER, CITY OF SAGINAW                                                 Estimated Tax                  $     00 
                                                                                                                                                           
                                                                                MAIL CHECK WITH VOUCHER 1 TO:                                                                                    
                                                                                             INCOME    TAX OFFICE                                                                                
                                                                                             1315   S WASHINGTON   AVE                                     Payment Amount                 $     00 
                                                                                             SAGINAW   MI  48601 
    If $100   or less for         individuals or unincorporated            businesses        or $250   or less for corporations,       this         declaration     is not required  
                                                                I certify that this   is a correct declaration. 
                                                                                                           
SIGN              Signature   of Taxpayer                                                                 Spouse’s Signature       (If filing      ajoint return)   
HERE 
 
                                              CITY OF SAGINAW-INCOME TAX OFFICE                                                                            VOUCHER                          Due Date 
2023                   QUARTERLY STATEMENT-DECLARATION OF ESTIMATED TAX                                                                                             NO. 2           
                                  For Calendar Year 2023   or Fiscal Year Ending ____________, 20___                                                                               June 30, 2023 
SOCIAL SECURITY NUMBER                                                         EMPLOYER I.D. NUMBER                                                        
                                    
       TAXPAYER’S  NAME AND ADDRESS                                            MAKE CHECKS PAYABLE TO:                                                                                           
                                                                               TREASURER, CITY OF SAGINAW                                                 Estimated Tax               $         00 
                                                                                                  WITH              TO: 
                                                                                MAIL CHECK             VOUCHER 2                                           
                                                                                            INCOME TAX    OFFICE                                                                                 
                                                                                            1315   S WASHINGTON AVE                                       Payment Amount              $         00 
                                                                                            SAGINAW MI  48601                                              
 
                                       CITY OF SAGINAW-INCOME TAX OFFICE                                                                                  VOUCHER                   Due Date 
2023              QUARTERLY STATEMENT-DECLARATION OF ESTIMATED TAX                                                                                      NO.  3                
                       For Calendar Year 2023   or Fiscal Year Ending __________, 20____                                                                                     September 30, 2023 
                                                                                 
SOCIAL SECURITY NUMBER                                                    EMPLOYER I.D. NUMBER                                                   
                                   
       TAXPAYER’S  NAME AND ADDRESS                                       MAKE CHECKS PAYABLE TO:                                                                                                     
                                                                          TREASURER, CITY OF SAGINAW                                            Estimated Tax                   $                    00 
                                                                                                                                                 
                                                                          MAIL CHECK WITH VOUCHER 3 TO:                                                                                               
                                                                                       INCOME   TAX OFFICE                                      Payment Amount                  $                    00 
                                                                                       1315   S WASHINGTON     AVE 
                                                                                       SAGINAW       MI  48601                                   
                                  
                                       CITY OF SAGINAW-INCOME TAX OFFICE                                                                            VOUCHER                        Due Date 
2023              QUARTERLY STATEMENT-DECLARATION OF ESTIMATED TAX                                                                                       NO. 4           
                       For Calendar Year 2023   or Fiscal Year Ending ____________, 20____                                                                                 January 31, 2024 
SOCIAL SECURITY NUMBER                                                    EMPLOYER I.D. NUMBER                                                  LATE PAYMENTS WILL NOT  BE 
                                                                                                                                                ACCEPTED PER CITY ORDINANCE 
       TAXPAYER’S  NAME AND ADDRESS                                       MAKE CHECKS PAYABLE TO:                                                                        
                                                                          TREASURER, CITY OF SAGINAW                                            Estimated Tax              $ 
                                                                                              WITH                TO: 
                                                                           MAIL CHECK                 VOUCHER 4                                  
                                                                                       INCOME   TAX OFFICE                                                               
                                                                                       1315   S WASHINGTON     AVE                              Payment Amount             $ 
                                                                                       SAGINAW       MI  48601

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