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Frequently Asked Questions
Q: What is the City of
Oberlin Income Tax rate and what type of income is taxable?
A: The income tax rate is 1.9%. Generally, gross income (including income which is deferred) and business net profits are taxable. A list of taxable and nontaxable income is available from the
Regional Income Tax Agency.
Q: Do I need to file a Declaration of Estimated Tax?
A: Every person who anticipates receiving taxable income or who engages in any business, profession, or activity subject to
Oberlin income tax, after excluding
Oberlin withholding and/or other credits, must file a Declaration of Estimated Tax.
Q: I am not a resident of the city but I work there. If my employer withholds my tax, do I need to file a return?
A: No, filing is only mandatory for
Oberlin City residents and nonresidents whose income is not withheld upon correctly.
Q: What is the due date of the City return?
A: For individuals, the City of Oberlin tax return is due on April
15 of each year. Business (fiscal year) returns are due on the
15th day of the fourth month following the end of the fiscal year.
Q: Can I deduct my business losses from my W-2 wages on my tax return?
A: No, losses from self-employment, partnership interests, rental property and other like businesses may not be used to offset W-2 income.
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