Question
During all of 2015, Jason Jordan, SS#155-43-7650, lived at 191 Helmbright Drive, Gahanna, Ohio, 43230, a R.I.T.A. city. He earned $53,000 working at Breyers Auto,
During all of 2015, Jason Jordan, SS#155-43-7650, lived at 191 Helmbright Drive, Gahanna, Ohio, 43230, a R.I.T.A. city. He earned $53,000 working at Breyers Auto, as a head mechanic, in Columbus that was taxed at 2.5% with an amount of $1,325 withheld from these wages. Jason is an industrious individual who owned a rental property located at 115 E Spring St, Columbus OH 43215. For 2015, the net rental property income on Federal Schedule E was $20,000. Jason also owned and operated the Nuts and Bolts hardware store located at 73 East Gab Street, Columbus, OH 43215. The hardware store had a net loss of $7,000 reported on the Federal Schedule C. Jason made estimated tax payments to Gahanna in the amount of $200 and to Columbus in the amount of $250. No estimated payments will be made in 2016. He also earned $2,400 interest and $700 dividends during 2015. Using the reading this week as a guide, complete the 2015 Columbus City Form IR-25 and the RITA Form 37 for Gahanna Residents. Answer the assessment questions based on your completed City returns.
Question 1 For the year 2015, in relation to his local tax return/s, Jason will need to file a Gahanna return only. a Columbus return only. neither a Gahanna nor Columbus return. a Columbus return and a Gahanna return.
Question 2 On the Columbus Form IR-25, Part B, Column D, what is the Total Net Taxable Income?
Question 3 On Columbus IR-25, Part B, Column G, what is the Net Tax Due?
Question 4 On Columbus Form IR-25, what is the amount on line 5?
Question 5 On RITA Form 37, Page 3, what is the amount in Box 25 of Schedule J?
Question 6 On RITA Form 37, Page 3, Schedule J, what is the amount in Box 35?
Question 7 On RITA Form 37, Page 3, what is the amount on Line 31?
Question 8 On RITA Form 37, Page 2, what is the amount on Line 1b?
On RITA Form 37, Page 2, what is the amount on Line 2?
Question 10 On RITA Form 37, Page 2, what is the amount on Line 3?
Question 11 On RITA Form 37, Page 2, what is the amount on Line 4a?
Question 12 On RITA Form 37, Page 2, what is the amount on Line 4b?
Question 13 On RITA Form 37, Page 2, what is the amount on Line 5a?
14 On RITA Form 37, Page 2, what is the amount on Line 5b:
Question 15 On RITA Form 37, Page 2, what is the amount on Line 8?
16 On RITA Form 37, Page 2, what is the amount on Line 12?
Question 17 On RITA Form 37, Page 2, what is the amount on Line 15?
On RITA Form 37, Page 2, what is the amount on Line 17?
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