What income is taxable to the City?

Taxable income includes salaries, wages, commissions and other compensation including but not limited: to bonuses, incentive payments, fees, property in lieu of cash, tips, severance pay, supplemental unemployment benefits (sub pay), sick pay, excess insurance premiums, vacation pay, salary / wage continuation plans, state lottery proceeds (all gambling winnings), profits from businesses, professions and partnerships, rents and all deferrals. For more information, contact us at 440-204-1002.

Show All Answers

1. What income is taxable to the City?
2. Who is subject to the City's Income Tax?
3. Who is required to file a tax return form with the City?
4. When is the filing due date?
5. What is form 2106?
6. How do I handle Early Retirement - Separation Payouts?
7. How do I handle Lump Sum Distributions?
8. How do I submit Federal Schedules?
9. What if I do not include a payment with my return?
10. What are extensions?
11. Is there an age limit for individuals subject to Lorain Income Tax?
12. I am retired. My only income is from Social Security, company pension, interest, and dividends. Am I required to file a City of Lorain Income Tax Return?