Frequently Asked Questions

Yes. If you maintain Tipp City as your legal residence, you are required to file a return even though much of your time may be spent out of the city. Any income that you earn is taxable to Tipp City regardless of where earned.

Social Security income and pension income are not taxable at the local level; however, as a resident of Tipp City, you are still required to file an annual return. If you are retired but receive other types of income such as part-time wages or rental income, you are required to file a return and pay the tax on that income. In some circumstances retired residents can become exempt from filing annual returns. Please contact the tax office to see if you meet the eligibility requirements.

No. Tipp City residents under the age of 18 are not subject to mandatory file, nor are they subject to the 1.5% city income tax. Effective with tax year 2024, if you were under the age of 18 and worked and had Tipp City income taxes withheld, you may file for a refund. You will need to provide a driver’s license or birth certificate to validate your age. No refund of taxes if the total amount withheld is less than $10.

You are required to file a Tipp City return for any portion of the year that you were a resident. Taxable income will be based on the income that you earned while a resident only (unless the income was earned within the City of Tipp City, in which case it is fully taxable). You must attach documentation of your part-year income such as a pay stub closest to the date that you moved in or out.

No. If you work in any city with a tax rate higher than Tipp City, you receive a credit for tax paid to that city, but the credit will not exceed the Tipp City tax rate. Your taxes are first paid to the city that you work in. Your residence city does not receive any of those taxes; therefore, cannot refund it. If you work in a city whose tax rate is lower than Tipp City, you receive a credit for tax paid to that city and you will owe Tipp City the difference.

No. The Tipp City income tax ordinance requires business and individual taxpayers to make estimated tax payments if the amount of estimated taxes reaches $200 or more for the tax year. The due dates for estimated tax payments for businesses are 4/15, 6/15, 9/15 and 12/15. Individual taxpayer due dates are 4/15, 6/15, 9/15 and 1/15. If estimated payments were due, but not paid, underpayment penalty and interest may be assessed.

Documentation is required to support all income, credits and adjustments shown on your city return. The specific forms needed will vary depending on each taxpayer’s situation. Examples of necessary forms, if applicable: 

• W-2s (showing Federal, Medicare and local wage amounts, and amount of city tax withheld for all cities)
• 1099s
• Page 1 of Fed Form 1040
• Fed Schedule C, E, F, and A
• Form 2106 (if applicable)
• Page 1 and 2 of Fed Form 4797
• Fed Form 1065, 1120 or 1120-S
• Supporting schedules
• Documentation to support part-year residency

The current tax rate is 1.5%.

For tax years 1981 to 2002 the tax rate was 1%. From 2003 through 6/30/11, the tax rate was 1.25%.

The due date for calendar year taxpayers is April 15th. The due date for fiscal year taxpayers is 3 ½ months after fiscal year end.

All Tipp City residents 18 years of age or older are required to file returns annually. Non-residents are required to file only when they earn income within the City of Tipp City which is not fully withheld upon, or have a business or rental property in the city. Every business located in or performing services in the city is required to file annual returns. All returns are required regardless of the amount of income received or losses incurred.