Form DTE140M-W1 Worksheet to Calculate Tax Rate for Form Dte 140m When a Taxing Authority Certifies an Amount of Revenue and Requests a Rate for Additional, Replacement, Replacement With an Increase, and Replacement With a Decrease Levies - Ohio

What Is Form DTE140M-W1?

This is a legal form that was released by the Ohio Department of Taxation - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DTE140M-W1?
A: Form DTE140M-W1 is a worksheet used to calculate the tax rate for Form DTE 140M in Ohio.

Q: When is Form DTE140M-W1 used?
A: Form DTE140M-W1 is used when a taxing authority certifies an amount of revenue and requests a tax rate for additional, replacement, replacement with an increase, and replacement with a decrease levies.

Q: What is Form DTE 140M?
A: Form DTE 140M is a form used to report property tax rates in Ohio.

Q: What is a taxing authority?
A: A taxing authority is an entity that has the power to levy and collect taxes.

Q: What is an additional levy?
A: An additional levy is a tax levy imposed on top of existing tax rates to generate additional revenue.

Q: What is a replacement levy?
A: A replacement levy is a tax levy that replaces an expiring levy and maintains the same tax rate.

Q: What is a replacement levy with an increase?
A: A replacement levy with an increase is a tax levy that replaces an expiring levy and increases the tax rate.

Q: What is a replacement levy with a decrease?
A: A replacement levy with a decrease is a tax levy that replaces an expiring levy and decreases the tax rate.

Q: Why is the tax rate calculated for these levies?
A: The tax rate is calculated for these levies to determine the amount of tax that needs to be collected to meet the revenue requirements set by the taxing authority.