Income Tax
The City of Willowick levies a municipal income tax of 2% on all salaries, wages, commissions and other compensation, and net profits earned within the City. Willowick residents are required to pay this tax on income they earn outside the City, but are given a credit of 87.5% of the tax paid to the community in which they worked. All residents or partial-year residents who are 18 years of age or older and had "earned" income are required to file a return, regardless of whether taxes are owed or not. Additionally, all Willowick businesses and all non-resident businesses performing services within Willowick are required to file a return. Income tax returns must be filed and any balances paid by April 15th . A declaration of estimated tax must also be filed by April 15th of each year and must be accompanied by at least one-fourth of the estimated tax. The remaining installments are due quarterly on or before July 31st, October 31st and January 31st. The City utilizes the Regional Income Tax Agency (R.I.T.A.) as its tax collecting agent.
FREE ELECTRONIC FILING & PAYMENT OPTIONS FOR MUNICIPAL INCOME TAX
Businesses and residents can file taxes and make payments on-line through the Regional Income Tax Agency at http://www.ritaohio.com.
Employers filing withholding returns are provided two choices:
--Fill in a simple withholding form, or
--Attach a payroll file
A secured ACH payment (electronic debit of a checking account) completes the filing.
Individual taxpayers are provided the following features:
--A simple step-by-step calculation of taxes or refunds
--Ability to file even if you moved in 2009
--Electronic transfer of refunds into checking or savings accounts
--Pay by credit card or ACH (electronic debit of checking or savings accounts)
--Delay payment of taxes - file as early as you like and set up an ACH payment anytime before April 15th
Here's what you'll need to E-FILE:
--Social security numbers for yourself and your spouse
--W2 forms from all employees
--1099 forms and Federal Schedules C, E, & F
--Date of move for residents that moved in 2009
--Bank Routing and Account numbers - for a fast refund or to pay electronically
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