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Jun 20, 2007 ... IT-942 4TH QUARTERLY/ANNUAL ..... OHIO IT-942 WIZARD. ..... The Employer's Payment of Ohio Tax Withheld Form (Ohio IT 501) p you the .

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How to fill out the Ohio IT 942 online

The Ohio IT 942 form is essential for individuals and businesses to reconcile income tax withheld on a quarterly basis. This guide provides a straightforward, step-by-step approach to help you navigate filling out this form online with ease.

Follow the steps to complete the Ohio IT 942 online.

  1. Use ‘Get Form’ button to access the Ohio IT 942 form in the online editor.
  2. Choose the withholding account number from the drop-down menu that corresponds to the company for which you are filing.
  3. Select the appropriate filing period from the provided options. Ensure you are filing the correct quarter.
  4. In the quarterly information section, provide the monthly withholding amounts. Enter the tax withheld for each day. If a day is selected, ensure you input the corresponding withholding amount.
  5. Continue to the balance due section and record any previous payments along with any credit carryovers that apply to this filing.
  6. Review all the information entered in the balance due section to confirm every detail is accurate.
  7. Proceed to the final review page to verify the totals are correct. You can make changes if needed before proceeding.
  8. Once satisfied with the information, you can save changes, download, print, or share the completed IT 942 form.

Complete your Ohio IT 942 online today for efficient tax management.

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Because Ohio collects a state income tax, your employer will withhold money from your paycheck for that tax as well. As mentioned above, Ohio state income tax rates range from 0% to 4.797% across six brackets. The same brackets apply to all taxpayers, regardless of filing status.

If you need to change or amend an accepted Ohio State Income Tax Return for the current or previous Tax Year you need to complete Form IT-1040 for the appropriate Tax Year (or IT-140X for 2014 and earlier Tax Years). Form IT-1040 is a Form used for the Tax Return and Tax Amendment.

Ohio law requires employers to withhold state income taxes from all wages of residents and wages for services performed in Ohio of certain nonresidents. Withholding is not required for employees who are residents of Indiana, Kentucky, Michigan, Pennsylvania, or West Virginia.

To the Ohio Department of Taxation (Ohio form IT 942). An employer who is required to remit partial-weekly shall file form IT 942, Ohio Employer's EFT 4th Quarter/Annual Reconciliation of Income Tax Withheld, no later than the last day of the month following the end of the calendar year. Form IT 942 is filed on OBG.

Have New Employees Complete a State Tax Form All new employees for your business must complete both a federal Form W-4 and the related Ohio Form IT 4,Employee's Withholding Exemption Certificate.

With rare exception, employers that do business in Ohio are responsible for withholding Ohio individual income tax from their employees' pay. Ohio employers also have the responsibility to withhold school district income tax from the pay of employees who reside in a school district that has enacted such a tax.

Are we required to withhold Ohio income tax? Yes. As an employer, you must withhold Ohio income tax from your employees' wages. The federal tax exemption does not apply to employment taxes.

The employer is always required to withhold municipal income tax for each employee's principal place of work. ... The challenge is to identify and track additional municipalities in which the employee works for more than 20 days.

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© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232