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INSTRUCTIONS FOR FORM PH-1040ES
WHO MUST MAKE ESTIMATED TAX PAYMENTS: Fiscal year taxpayers should adjust all dates to correspond
• Individuals - Generally, you must make estimated tax with their taxable year. Payments are due on the last day of
payments any year that your total City tax will exceed amounts the fourth, sixth, ninth and thirteenth month after the start of
withheld from your pay (plus other credits) by $100, or more. your fiscal year.
To make estimated payments, file Form PH-1040ES,
Declaration of Estimated Tax. You may amend your estimate when you make any quarterly
payment. If you fail to make estimated payments as required,
Estimated payments are not required if your withholding and you will be assessed penalty and interest charges.
other credits will exceed 70 percent of the tax shown due on
your current or prior year tax return. Making estimated tax payments does not excuse a taxpayer
from filing an annual return. You must file a return even if
• Corporations - Generally, corporations must make there is no change in the declared tax liability or additional
estimated tax payments every year that their total City tax will amount due.
exceed $250. To make estimated payments, file Form
PH-1040ES, Declaration of Estimated Tax. ASSISTANCE:
If you have questions or need help, please call (810) 984-9741
DUE DATES: or email us at incometax@porthuron.org. You can also visit
Estimated taxes are payable in four equal installments due on our office in Room 112 of the Municipal Office Center,
April 30, June 30, September 30, and January 31. You may 100 McMorran Boulevard, Port Huron, Michigan 48060.
also pay in full with the first voucher, due April 30.
ESTIMATING YOUR TAXES
To estimate your taxable income, use last year's city of Port Huron form for reference (even if you have not completed the return).
Lines one through eight of the return describe the types of income subject to city tax. See the specific instructions for residents
or nonresidents to figure out the taxable amounts. Also read the instructions titled Income Exempt From City Tax and Deductions
From Income. To figure out the number of exemptions you may claim, see the Exemptions section of the return and the
instructions.
1. Estimated income subject to tax (see above) ...................................................................................................... 1.
2. Exemption allowance (see above) number X $600.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. Estimated taxable income - subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
4. Estimated tax - multiply line 3 by 1% if a resident or by ½ of 1% if a nonresident . . . . . . . . . . . . . . . . . . . 4.
5. Port Huron tax you expect to be withheld plus other credits expected . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6. Estimated tax due - subtract line 5 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7. Estimated payment due - divide line 6 by 4. Enter on each voucher . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
Note: If you credited last year's overpayment to your estimated taxes, apply the credit to your first voucher. Apply any unused
credit to your second and subsequent vouchers.
Overpayment
carried forward 1st Installment 2nd Installment 3rd Installment 4th Installment
Tax Paid
Date
Check Number
Make checks payable to: City of Port Huron Mail payments to: Income Tax Division
If paying in person, pay at the City Treasurer's Office 100 McMorran Boulevard
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