Wcwt 6 Form – Fill Out and Use This PDF

SEE PAGE 4 FOR INSTRUCTIONS

. . . . . . . . . . . . . . . . . . . . . . and ending . . . . . . . . . . . . . . . . . . . . . .

R1.

TAXABLE PROFIT (loss) FROM BUSINESS OR PROFESSION (From Page 2, Schedule A – Line 6)

R1.

R2.

TAXABLE INCOME FROM ALL OTHER SOURCES (From Page 3, Schedule E – Line 15)

R2.

R3.

TOTAL AMOUNT ON WHICH TAX IS DUE (Line R1, plus Line R2.)

R3.

R4.

TAX AT 1 1/4% (.0125)

R4.

R5.

R5.

PENALTY: ONE TIME 5% ($5.00 MIN.) AND INTEREST: 1.5% PER MONTH AS OF

4/15/1821

(PLEASE READ BACK PAGE ITEM (1))

R6.

LESS: AMOUNTS PAID WITH EXTENSIONS OR ESTIMATES

R6.

R7.

TOTAL DUE

R7.

R8.

FOR OVERPAYMENT, PLEASE INDICATE

REFUND TO ME

IF BUSINESS HAS BEEN TERMINATED COMPLETE THIS BLOCK

TAX OFFICE USE ONLY

Have you terminated your business? Yes

No

If you terminated your business

NAME

ENTERED BY

DATE

give exact date

ADDRESS

If you sold your business (or assets upon liquidation), insert

CHECK NO./DATE

AMOUNT

purchaser ’s name at right; if you effected a change of

From:

Individual

Partnership

Corp .

Estate/Trust

business entity during the past year, mark appropriate block.

To:

Individual

Partnership

Corp .

Estate/Trust

COMMENTS

I hereby certify under the penalties provided by law that all statements made herein and/or in any supporting schedule or exhibit are true, correct and complete to the best of my knowledge and belief.

				Signature and Identification Number of Return Preparer
			DUE
			APRIL 15
			20219
Signature of Taxpayer		Date		Address of Return Preparer

20219

year). MAKE CHECK OR MONEY ORDER PAYABLE TO: City of Wilmington, MAIL TO: City of Wilmington, Division of Revenue, 800 French St., Wilmington, DE 19801-3537, Tel. 302-576-2418 www.wilmingtonde.gov

WCWT-6 REV. 11/18

SCHEDULE A –– TAXABLE PROFIT (or loss) FROM BUSINESS OR PROFESSION.

SOLE PROPRIETORSHIP ATTACH COPY OF FEDERAL SCHEDULE C, LLC’S ATTACH APPROPRIATE FEDERAL FORMS & RELATED SCHEDULES

PARTNERSHIPS, JOINT VENTURES, ETC. ATTACH COMPLETE COPY OF FEDERAL FORM 1065 INCLUDING ALL K-1’s

IMPORTANT If you had more than one business, a separate Schedule A must be completed for each business.

SCHEDULE B RENTAL AND ROYALTY INCOME

ATTACH COPY OF FEDERAL SCHEDULE E

SCHEDULE C INCOME FROM PARTNERSHIPS, ASSOCIATIONS, LLC’S, ETC.

ATTACH COPY OF FEDERAL FORM 1065 OR APPLICABLE SCHEDULE

	Column 1		Column 2
	Your Share of		Amount on which
Name and Address of Partnership, Associations, etc.	Partnership, etc.		City Tax
	profits		was paid
Line 8. Total on which City Tax is Due (Column 1 less Column 2)					$
Enter here and on Line 11, Schedule E
	. . . . . . . . . . . . . . . . . .	. . . . . . .	. . . . . . . . . . . . . .	. . . . .

SCHEDULE D INCOME FROM SALE OF BUSINESS CAPITAL ASSETS

ATTACH COPY OF FEDERAL SCHEDULE D OR FORM 4797

1. Kind of property (If

2. Date

3. Date

6. Expense of sale

7. Depreciation

8. Gain or loss

acquired

sold

4. Gross Sales

and cost of

(column 4 plus

necessary attach statement

5. Cost or

allowed (or

Price (contract

improvements

column 7 less the

of descriptive details

other basis

allowable) since

price)

subsequent to

sum of columns

not shown below)

acquisition

Mo

Day

Year

Mo

Day

Year

acquisition

5 and 6)

Line 9. Net Gain (or loss) from Sale of Business Capital Assets (Reportable at 100%) Enter here and on line 13, Schedule E

. . . . . . . . . .

. . .

. . .

$

SCHEDULE E

TAXABLE INCOME FROM ALL OTHER SOURCES

Line 10.

dule B)

. . . . . . . . .

. . . . .

. . . . .

11.

associations, etc. (from line 8, Schedule C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12. Income from estate or trust (State name and address of trust, etc.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13. Net Gain (or loss) from Sale of Business Capital Assets (Reportable at 100%) (from line 9, Schedule D) . . . . . . . . . . . . . . .

14. Other Sources, (state nature) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(Note: Do not include in this Schedule income from salaries, wages, commissions, etc., but enter on Schedule F.

SCHEDULE EF EXPLANATION OF UNREPORTED INCOME

ITEMIZE BELOW ALL ITEMS OF INCOME WHICH YOU REPORTED AS TAXABLE ON YOUR FEDERAL

INCOME TAX RETURN BUT WHICH YOU DID NOT REPORT AS TAXABLE ON THIS RETURN

DESCRIPTION AND EXPLANATION	AMOUNT	CITY TAX WITHHELD
Compensation on which City Tax was paid or withheld (Attach W-2)	$
Other (specify)

SCHEDULE G DISTRIBUTION OF PROFITS FROM PARTNERSHIPS, ASSOCIATIONS, LLC’S, ETC.

202018 CITY OF WILMINGTON 202018 NET PROFITS TAX RETURN FORM: WCWT-6

PLEASE NOTE THE FOLLOWING:

(1)

2021,9

The

prescribed in Section 601a of the Earned Income Tax Regulations.

(2)

220 EARNED INCOME REGULATIONS (REV. 3/05) FOR ADDITIONAL INFORMATION.

(3)

(4)The Tax Rate is 1 1/4% (.0125).

(6)SPECIFIC INSTRUCTIONS:

TAXABLE PROFIT (or loss) FROM BUSINESS OR PROFESSION all returns must have a copy of the

FEDERAL SCHEDULE C, OR FEDERAL PARTNERSHIP RETURN (1065) ATTACHED, OR APPROPRIATE FEDERAL RETURNS OR APPLICABLE SCHEDULES FOR LLC’S.

deductions taken for deferred income such as Keogh Plans, enter on Line 4, Partnerships must add back all guaranteed payments to parters on line 5A.

222 EARNED INCOME TAX REGULATIONS (REV. 3/05) FOR ALLOCATION INFORMATION.

INCOME FROM RENTS OR ROYALTIES attach a copy of the FEDERAL SCHEDULE E and enter on

SCHEDULE B, Line 7. All income from rental property and the number of rental units must be reported by all resident individuals and/or resident businesses.

INCOME FROM PARTNERSHIPS, LLC’S, ASSOCIATIONS, ETC. all entries must be accompanied by a copy of the FEDERAL PARTNERSHIP RETURN (1065) or an applicable schedule and for LLC’s attach appropriate federal return or

applicable schedules.
				INCOME FROM SALE OF BUSINESS CAPITAL ASSETS					all gains or losses from the sales of business assets
	SCHEDULE D
must be accompanied by a copy of the Federal SCHEDULE D or FEDERAL FORM 4797.
	All income or losses must be reported at 100% in the year transaction occurs.
				TAXABLE INCOME FROM ALL OTHER SOURCES			all taxable income from OTHER SOURCES must be
	SCHEDULE E

listed. All wages, salaries and commissions must be reported on SCHEDULE F.

EMPLOYEE’S TAX RETURN (WCWT-3).

EXPLANATION OF UNREPORTED INCOME report any items of income which you reported as taxable on your Federal Income Tax Return but which you did not report as taxable on this return.

All compensation on which city tax was paid or withheld should be entered and a copy of the W-2 or appropriate form attached.

DISTRIBUTION OF PROFITS all partnerships, LLC’S, associations and/or joint ventures must show the

the funds of the partnerships and LLC’S is taxable.

Web address: www.wilmingtonde.gov