Wednesday, March 28, 2007

Wednesday's tax tip Vol. 3 - City income taxes

People moving to the state of Ohio and our own residents are often confused with the city income tax structure.

In general, you owe a city wage tax for each city you work in. In addition, you owe city tax for your resident city.

Now most cities allow a resident credit for the wages you pay for working in another city, but not all do.

Hopefully that gives you a background to city tax. Now the tax tip is this. If you travel a good bit for your job, you may find that it's worth filing for an out of city work refund. For instance, Let's say your office is in the city of Cincinnati but you are out of the office for 10% of the time. You may receive that 10% back as a refund.

No comments: