Get Employer\''s Quarterly Return Of License Fee Withheld Form.pdf

Filling out the Employer's Quarterly Return Of License Fee Withheld Form is important for employers to ensure compliance with local regulations. This guide provides clear, step-by-step instructions to help you complete the form accurately and efficiently online.

Follow the steps to complete the form correctly.

1. Press the ‘Get Form’ button to obtain the form and open it in your online editor.
2. In the first section, enter the number of employees who received earnings in Paducah during the quarter. If no wages were paid, mark 'none', sign, and return the form.
3. Next, input the total earnings paid to all employees for the quarter.
4. Enter the earnings for services rendered outside of Paducah in the designated field.
5. Calculate taxable earnings by subtracting the amount in Line 3 from the total in Line 2. Enter this figure in the appropriate section.
6. Calculate the actual fee by multiplying the taxable earnings (Line 4) by 0.02 (2%). Enter this amount in Line 5.
7. If necessary, calculate any penalties for late payment. This is 5% per month of the amount on Line 5, not to exceed 25%, with a minimum penalty of $25. Enter this in Line 6.
8. Next, calculate interest at a rate of 1% of Line 5 per month for each month of delinquency. Enter this amount in Line 7.
9. Sum the amounts from Lines 5, 6, and 7 to determine the total payment due. This should be entered in Line 8.
10. Finally, certify the accuracy of the information by signing, entering your title, and the date. Save your changes, or download, print, or share the completed form as needed.

Complete your documents online to ensure timely and accurate submissions.