Ol3 form 2026

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  1. Click ‘Get Form’ to open the ol3 form in the editor.
  2. Begin by checking the appropriate boxes at the top of the form, indicating if this is a final return, a change of address, no activity for the year, or an amended return.
  3. Fill in your name and address details accurately. Ensure that you include your account number and federal ID.
  4. For income or loss, enter the amounts from your federal Schedule C. Attach a copy of this schedule as required.
  5. Complete the tax computation section based on whether you are a resident or non-resident of Louisville Metro. Follow the instructions for calculating tax due accordingly.
  6. Sign and date the form where indicated, ensuring both preparer’s signature and licensee’s signature are included.
  7. Finally, review all entries for accuracy before submitting your completed form along with any required payments.

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Form OL-3 is a tax form used by any entity with a business nexus in Louisville/Jefferson County to file and pay the Occupational Tax Rate of 2.2% (resident rate) or 1.45% (non-resident rate).
Any individual (resident or non-resident) or business entity (partnerships, corporations, or S-Corporations) who receive taxable compensation are required to file the Occupational License Return (OL-3) and pay the Occupational License Tax to the Louisville Metro Revenue Commission (LMRC).
At the end of each year, all Indiana employers are required to complete and file an Annual Withholding Reconciliation Form, Form WH-3, by Jan. 31 of the following year. The WH-3 is a reconciliation form for the amount of state and county income taxes withheld throughout the year.
Your T3: Statement of trust income allocations and designations slip shows income allocated to you, as a beneficiary, by a trust (such as a personal or estate trust). You might also receive a T3 if you had investment income from non-mutual funds in non-registered accounts.

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