Director of Finance
Linda Sperk - Income Tax Clerk
Lisa Jordan - Income Tax Clerk
The City tax rate change will be revised starting January 1, 2012. The tax rate on earned income will be 1.30%. Residents who live in Shelby and work in other municipalities will no longer be allowed credit up to our tax rate. Credit will be limited to 1% on taxes withheld and paid to other municipalities. However, a .30% income tax will be withheld on all residents who have earned income regardless of what municipality they work in. This is a result of the voters of Shelby passing an income tax to build a new Justice Center. Please call the income tax office if you have questions.
Who Must File?
Shelby has a mandatory filing ordinance- everyone 18 and over is required to file a tax return, regardless of whether they have a taxable income. If the person is retired and has no income other than retirement (no rentals, part time jobs, etc.) they need to mark the box on the back of the tax form and record the date they retired, sign and date the form.
In order for Shelby to grant an extension, a copy of Federal Extension request must be received by April 15th.
Documentation is necessary to verify all amounts of taxable income-Federal schedules, W-2’s, 1099’s are necessary or tax return will be considered incomplete. A net loss may not be used to offset W-2 income.
Shelby Income Tax Returns are due by April 15th. If filed early and a payment is due, payment is due by this date, or penalty and interest will accrue- $50.00 late charge for individuals, $200.00 late charge for businesses, plus 1.00% month interest.
For the 2011 Tax Year, Shelby’s tax rate is 1.25%. A credit is allowed for up to 1.25% of taxes paid to another municipality. Starting January 1, 2012, Shelby's tax rate will increase to 1.30% with a 1% credit limit.
Where to file?
Mail competed return with all W-2s, 1099, misc. forms and federal schedules applicable to :
SHELBY CITY INCOME TAX
43 WEST MAIN STREET
SHELBY, OH 44875
Examples of Taxable income:
Examples of Non-Taxable Income:
• Wages, salaries and other compensation
• Bonuses, stipends and tip income
• Commissions, fees and other earned income
• Sick pay (including third party sick pay)
• Employer SUB pay
• Strike pay
• Vacation pay
• Any pre-tax contributions to retirements plans, tax deferred annuities
• Income from wage continuation plans (including retirement incentive plans & severance pay)
• Income from partnerships, estates or trusts
• Net profits of businesses, professions, sole proprietorships, etc.
• Rental income
• Farm net income
• Cumulative yearly lottery winnings in excess of $1,999.99.
• Earnings of a person under age 18 or earnings of part-year resident college student earned while living at out-of-town college
• Interest or dividend income
• Welfare benefits
• Social Security
• Income from qualified pension plans
• State unemployment benefits
• Worker’s Compensation
• Proceeds of life insurance
• Alimony, child support
• Active duty military pay
• Cumulative yearly lottery winnings less than $2,000.00, prizes, gifts
• Annuity distributions
• Insurance proceeds derived from property damage or personal injury settlements
• Income from election day poll work under $500.00
• Capital gains
• Cafeteria plans