Pension and retirement income is not taxable when you are retired and receiving distributions. Gross earnings are taxed in the year earned. Also taxable are gambling and lottery winnings reported on IRS Form W2G or Form 5754. Unlike for your Federal return, you may not deduct contributions to a retirement plan (IRA, 401k, 403b, or 457b). Common illustrations of earned income include salaries, wages, commissions, bonuses, and other compensation paid by employer(s) before any deductions.

If you are self-employed in the City of Wilmington and live elsewhere, you must file a Wilmington tax return.Įarned income is subject to the Wilmington local income tax but unearned income is not.If you are a Federal employee working in the City of Wilmington and your city tax is not withheld, you must file a Wilmington tax return.

Therefore, you do not have to file a Wilmington tax return if you work in Wilmington but live elsewhere. But, the City holds the employer liable for withholding the tax. You are subject to tax on all income earned while working in the City, regardless of where you live or where your employer’s main office is located. Do I have to file a return if I work in Wilmington but live elsewhere? Refer to this section for information regarding filing due dates, estimated taxes, where to obtain and return forms, and where to call if you have further questions.īack to Top Section A – Individual FilingĪll residents of Wilmington are required to file a tax return regardless of where they work.Ģ. This would also include rental property activities.) (This category would include self-employed business activities such as the sale of real estate, construction services, consulting, or other professional services. A business is defined as an enterprise, profession, or activity conducted from profit whether by an individual, partnership, association, corporation, or any other entity. Refer to this section if you operate a business. If you have income from unemployment, pension or retirement income, or have incidental business income, you should also refer to this section. Refer to this section if you are an individual whose primary source of income is salary, wages, commissions, bonuses, or other compensation.

This page is divided into three sections: When are they due? Where do I send them?.As an employer do I have an obligation to withhold Wilmington income tax from my employees?.What income is taxable and what is non-taxable?.Am I required to file a Wilmington income tax return?.This page answers many of your basic questions such as: The rate does not apply to tax balances for any prior year taxes.įor more information or questions, please contact the City of Wilmington Income Tax Department at (937) 382‑1880.This rate is in accordance with Ohio Revised Code 718.27 (F).The interest rate to be applied to all unpaid income and withholding tax balances beginning on January 1, 2023, is 7% per annum.Please note that the City of Wilmington Income Tax Rate is now 1.5% (effective ). This page will provide a quick overview of the City of Wilmington income tax requirements.

Ohio federal tax brackets 2021