Tipp City Return and Payment Extended to July 15, 2020
On March 25, 2020 the Ohio General Assembly adopted House Bill (HB) 197. This legislation, in part, extends the tax filing deadline for the State of Ohio income tax returns to match the federally extended tax filing date of July 15, 2020. The Ohio Revised Code provides that cities/villages within Ohio will follow the State’s tax filing date so this means the Tipp City local income tax filing date will be extended from April 15, 2020 to July 15, 2020. 2019 local income tax returns filed on or before July 15, 2020 will be considered timely filed and will not be subject to late filing penalties or interest. Also extended until July 15, 2020 are the 2020 first and second quarter estimated tax payments. Please contact the City tax department if you have any questions, concerns, or need additional information.

Every resident 18 years of age and older who lives within the corporation limits of Tipp City is required to file an annual income tax return with the city. Residents who are 16 or 17 years of age only need to file if there is Tipp City tax due. Filing is required even if there was no earned income, you were a full-time student or were claimed as a dependent on someone else’s federal return.

Residents who have retired and no longer have any taxable income may receive an exemption from filing the annual return. Also, residents with disabilities that prevent them from working can receive the same exemption. For more information, please contact the tax department.

As mentioned before, the annual return is only required by those who live within the corporation limits of Tipp City. To see if you would be subject to Tipp City’s mandatory filing requirement based on your address, please visit The Finder on the Ohio Department of Taxation’s website.

Income Tax

Tipp City allows 100% credit (up to the total 1.5% Tipp City tax rate) for taxes paid to the workplace municipality. The income tax revenue funds the majority of non-utility related city-provided services and capital improvement projects.

Income tax revenue is allocated 53.33% to the General Fund and 46.67% to the Capital Improvements Tax Fund. The income tax revenue allocated to the Capital Improvements Fund may only be used for capital improvements.