DECLARATION OF ESTIMATED TAX
Remit To:
City of Oakwood
P. O. Box 269
Eaton Rapids, MI 48827
First Voucher
Form OQ-1
Tax Year 2026
Amount Paid
$
Taxpayer Soc Sec Number
Spouse Soc Sec Number
Due on or before
04/15/2026
Taxpayer’s Account Number, Name and Address
INSTRUCTIONS
Individual taxpayers who expect to receive taxable income (not subject to withholding by their employer at a rate equal to or greater than 2.50%) may be required to make estimated tax payments when their tax liability is at least $200.00. Taxpayers must have 90% of their current year’s tax liability or 100% of their previous year’s tax liability paid through withholding, timely estimated taxes and carryover credits by January 15, 2027 in order to avoid penalty and interest charges.
Due Dates
- Voucher 1, due April 15, 2026 (Voucher 1 is also listed on the 2025 Oakwood income tax return.)
- Voucher 2, due June 16, 2026
- Voucher 3, due September 15, 2026
- Voucher 4, due January 15, 2027
Calculation of Estimate
| Estimated taxable income | $ | |
| Oakwood income tax rate | X 2.5% | |
| Estimated Oakwood tax | $ | |
| Less: Estimated Oakwood tax withheld |
| Estimated Oakwood tax withheld | $ | |||
| Estimated other city credits | ||||
| Prior year carryover credits | ||||
| Total credits | $( ) | |||
| Estimated Oakwood tax liability | $ | |||
Each voucher payment should be 25% of the estimated tax liability.
Payment
Checks should be made payable to “City of Oakwood.” To make a credit card or echeck payment, please visit the City’s website at www.oakwoodohio.gov. A convenience fee will apply.