Bainbridge Twp. Aurora JEDD

RULES & REGULATIONS

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2106 BUSINESS EXPENSES

Beginning with Tax Year 2018, the unreimbursed employee expense (2106) deduction has been eliminated for federal income tax purposes for most employees.  For Tax Year 2017 and prior, 2106 Business Expenses are limited to the amount deductible for federal tax purposes.

ADDITIONAL RULES-INDIVIDUAL

Individuals residing within the boundaries of the Bainbridge Twp – Aurora Joint Economic Development District (JEDD) will be subject to the municipal income tax. Residents with taxable income must file an annual tax return with RITA and pay tax due to the Bainbridge Township – Aurora JEDD on their taxable income. Municipal tax returns are due each year on the same date as the State of Ohio annual income tax return, unless you have received a filing extension. Tax returns may be filed electronically at ritaohio.com through MyAccount or by using FastFile.

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.

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.