Tagged: Income tax

Cincinnati residents who work outside the city limits could soon lose their income tax reciprocity.  

City Council could vote this week to approve the Manager's recommendation the credit be eliminated next year.  

Ohio local income tax is assessed primarily to the municipality where it's earned and secondarily to where an individual lives.

 Cincinnati has always allowed residents who work outside the city to reduce their city income tax by the amount they pay to other municipalities.  

A state senator from Cincinnati is introducing a bill that would let taxpayers get their income tax refund on a prepaid debit card. 

Sen. Eric Kearney said the state needs to adjust to the marketplace.

“This prepaid debit card program will benefit those citizens that do not have a bank account for direct deposit, or for those who wish to avoid the hassle with paper checks and check cashing fees,” Kearney said in a statement.  “They will also be able to use their prepaid debit cards in stores, online, over the phone, or anywhere that accepts debit cards.”