Special Notes – Form 37
The following is a list of municipalities that have special instructions or requirements for filing
returns, reporting income and /or making estimated payments. If your municipality is not listed
the following instructions or requirements would apply:
• Quarterly payments of estimated tax must be made if the anticipated amount is at least
$10.00
• A net operating loss may be carried forward (Section J) for 5 yrs
• Rent is taxable provided their total gross rental is in excess of $250
• Individuals under 18 years of age are exempt from paying municipal income tax
• Business Expenses and/or Moving Expenses are allowed
• Lottery/Gambling winnings are not taxable.
YELLOW SPRINGS:
•
Quarterly payments of estimated tax must
be made regardless of the anticipated
amount owed.
•
A net operating loss may not be carried
forward (Section J).
•
Rent is taxable – no minimum.
•
Individuals under 16 years of age are
exempt from paying municipal income tax
•
Individuals under 18 years of age who are
newspaper carriers under are exempt from
paying municipal income tax
•
Lottery/Gambling income is taxable – no
minimum.
YOUNGSTOWN:
•
Quarterly payments of estimated tax must
be made regardless of the anticipated
amount owed.
•
Rent is taxable provided their total gross
rental is in excess of $100.
•
Individuals under 18 years of age are not
exempt from paying municipal income tax.
REV 6-28-2007
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