City Income Tax

As of July 1, 2005 all Galion income tax is being processed by the Regional Income Tax Agency (RITA).
  1. Mandatory filing for all residents of Galion age 18 and over, whether or not you earn an income, on or before April 15 of each year for the previous year.
  2. You should use the Medicare wage in box 5 or local wage in box 18 (whichever is higher) of the W-2 for income taxable to Galion.
  3. April 15 is the deadline for all extensions and returns.
  4. Lottery and gambling winnings are now taxable.
  5. If you own rentals, use the location of the rental when deciding which city tax is due.
  6. You may deduct contributions to section 125 cafeteria plans.
  7. Non-qualified deferred comp plans are now taxable upon deferral. A non-qualified deferred comp plan is any plan that does not fall in to the following categories:
    a. CODA
    b. Annuities
    c. IRA / set plans
    d. Exempt government deferred plans
  8. If you are a resident of Galion, but work in another city, you can take a 1% maximum credit for taxes to that city.