Youngstown Girard JEDZ

Mahoning County

http://www.cityofyoungstownoh.org

Related Tax Authorities
Youngstown

Recent Tax and Credit History

From Date Thru Date Tax Rate Credit Factor
(Tax Credit)
Credit Rate
(Credit Limit)
01/01/2011 current 2.750 % 0.000 % 0.000 %

* History displayed for the past 7 years.

Special Notes and Tax Documents

RULES & REGULATIONS
2106 BUSINESS EXPENSES
2106 Business Expenses are limited to the amount deductible for federal tax purposes.
ADDITIONAL RULES
Residents may take credit for county income tax paid on the same wages taxable in Youngstown.
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.
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.
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
AGE EXEMPTION
Individuals under 18 years of age are not exempt from paying municipal income tax.
BALANCE DUE/OVERPAYMENT INFORMATION
Amounts of less than $1 will not be collected or refunded.
ESTIMATED PAYMENT REQUIREMENTS
Quarterly payments of estimated tax are not required.
NET OPERATING LOSS
A net operating loss may be carried forward for 5 years.
WITHHOLDING FILING FREQUENCY
1) If withholding amount in the 1st or 2nd month in the quarter is $100 or more, file monthly - due on or before the 20th day of the following month, except the 3rd, 6th, 9th, and 12th months which are due on or before the last day of the following month. 2) The under 18 rule does not apply. Taxes must be withheld regardless of age.