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Department of Taxation -- General Tax Information
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1. As an employer am
I required to withhold the Trenton income tax from employees
pay? |
A resident employer or an employer having
employees working within the City must withhold Trenton income
tax (1.5%) from all salaries, wages, commissions, bonuses, or
other compensation paid to employees before any deductions. This
is applicable for a business whose primary office is outside of
the city limits, as well as those in the City.
Where a business fails to withhold the
income tax from the employee, the City will hold the business
responsible for paying the tax. |
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2. What is the due
date for returns? |
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For calendar year
taxpayers the due date is April 15. For other fiscal year end
taxpayers the return should be filed within four months after
the end of the fiscal year. |
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3. Are estimated tax
payments required? If so, when are they due? |
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Declaration of
estimated-Every individual who anticipates a Trenton tax
liability not subject to withholding tax, of $400 or more, must
file a declaration of estimated income tax. All businesses that
anticipate any Trenton taxable income must file the Declaration
form, regardless of the amount of income anticipated. The
declaration is due April 15 for calendar-year filers, or four
months after the end of the fiscal year. The declaration of
estimated tax must be submitted with payment of at least
one-fourth of the estimated annual tax. An equivalent amount
should be paid on the last day of the seventh, tenth, and
thirteenth months. The City will bill you automatically for the
second, third, and fourth payments. |
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4. What if I do not
file a return? Or, what if, as an employer, I fail to submit
employee withholdings? |
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If you fail to file
a return, a declaration of estimated income tax, or fail to
submit employee withholdings, you will be subject to penalties
plus interest on the under withheld or under paid tax due. The
penalty can be as high as fifty percent of the unpaid tax.
Interest on the unpaid balance is at the rate of two percent per
month or fraction thereof. |
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5. Where can I pick
up the tax return forms and where should they be returned? |
The tax return forms
are available at the Trenton Governmental Services Center.
Checks should be made payable to the City of Trenton. The forms
should be returned to:
City of Trenton
Division of Taxation
11 E State Street
Trenton, OH 45067-1439 |
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6. Where should I
call if I have questions that were not answered in this
brochure? |
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You may call the
Trenton Income Tax Division at (513) 988-6304 Extension 158 (or
consult your tax advisor). When in doubt, call and ask! This
service is free to Trenton taxpayers. |
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