Pataskala

Licking County

http://www.ci.pataskala.oh.us

Recent Tax and Credit History

From Date Thru Date Tax Rate Credit Factor
(Tax Credit)
Credit Rate
(Credit Limit)
01/01/2011 current 1.000 % 0.000 % 0.000 %

* History displayed for the past 7 years.

Special Notes and Tax Documents

RULES & REGULATIONS View Document
TAX ORDINANCE View Document
2106 BUSINESS EXPENSES 2106 Business Expenses are limited to the amount deductible for federal tax purposes.
AGE EXEMPTION Individuals under 18 years of age are NOT exempt from paying municipal income tax.
BALANCE DUE/OVERPAYMENT INFORMATION Amounts under $10.01 will not be collected or refunded.  The $10.01 de minimis threshold does not apply to amounts required to be withheld by employers. 
ESTIMATED PAYMENT REQUIREMENTS Quarterly payments of estimated tax are required if the anticipated amount due is $200 or more.
LOTTERY/GAMBLING WINNINGS Lottery and gambling winnings are taxable - no minimum. Gambling losses may not offset gambling winnings unless the taxpayer is a professional gambler per IRS regulations.
NET OPERATING LOSS Beginning with losses incurred in 2017, a net operating loss may be carried forward for 5 years. For losses incurred in tax years 2017, 2018, 2019, 2020 and 2021, only 50% of the carried forward loss may be deducted in each subsequent year. For pre-2017 losses see Special Notes For Tax Years 2015 and Prior.
S-CORPS S-Corp distributive shares that do not represent wages are generally not taxable and should not be reported on Form 37, Schedule J.
WITHHOLDING FILING FREQUENCY If withholding amount is $2,400 or more in the immediately preceding calendar year or more than $200 in any one month of the preceding calendar quarter, file monthly - due date is the 15th day of the following month. All employers not required to file monthly, file quarterly - due date is the last day of the month following the end of the quarter. 
RULES & REGULATIONS View Document
TAX ORDINANCE View Document
2106 BUSINESS EXPENSES 2106 Business Expenses are allowed.
3903 MOVING EXPENSES 3903 Moving Expenses are allowed.
AGE EXEMPTION Individuals under 18 years of age are not exempt from paying municipal income tax.
BALANCE DUE/OVERPAYMENT INFORMATION Amounts of less than $5 will not be credited or refunded.
ESTIMATED PAYMENT REQUIREMENTS Quarterly payments of estimated tax must be made if the anticipated amount is over $5.
LOTTERY/GAMBLING WINNINGS Lottery/Gambling winnings are taxable - no minimum.
NET OPERATING LOSS A net operating loss may not be carried forward.
RENTAL INCOME Rental income is taxable regardless of the total gross rental received.
S-CORPS S-Corp distributive shares that do not represent wages are generally not taxable and should not be reported on Form 37 Schedule J.
WITHHOLDING FILING FREQUENCY 1) If the withholding amount per month is less than $300, file quarterly - due on or before the last day of the month following the end of each quarter. Otherwise, file monthly - due on or before the 15th day of the following month. 2) The under 18 rule does not apply. Taxes must be withheld regardless of age.