Milford Jedd VIII

Clermont, Hamilton Counties

http://www.milfordohio.org

Recent Tax and Credit History

From Date Thru Date Tax Rate Credit Factor
(Tax Credit)		 Credit Rate
(Credit Limit)
04/01/2025 current 1.000% 0.000% 0.000%
01/01/2019 03/31/2025 0.000% 0.000% 0.000%

* History displayed for the past 7 years.

Related Tax Authorities
Milford

Special Notes and Tax Documents

RULES & REGULATIONS
View Document
AGE EXEMPTION
Individuals under 18 years of age are 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
A net operating loss may be carried forward for 5 years.
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.