Important HB5 Tax Information

Important Income Tax Information – HB5 changes

INCOME:

All gambling income is now taxable.  This includes income from Lotteries, Sweepstakes, Casinos etc.

Military pay is not taxable.  This includes both Active Duty and Reserve Duty.

DEDUCTIONS:

2106 expenses which were deducted for federal income tax purposes may be deducted subject to the limitation imposed by section 67 of the Internal Revenue Code.   The deductible amount is the portion which exceeds 2% of the Adjusted Gross Income.

ESTIMATES:

The State of Ohio now requires quarterly estimate payments be made if the tax amount due is estimated to be at least $200.  (This is the amount due after credits for any local tax withheld.)

FILING (SUBMITTING) THE RETURN:

The tax return must be signed and dated.  In the case of a joint return, both parties must sign and date the return.

All W-2 forms, including information reported on the federal W-2, as well as taxable wages reported and tax withheld for all cities must be attached.

Any applicable schedules, such as Schedule C (self employment income), Schedule E (rental income) must be attached.

Attach page 1 of the 1040.

News & Alerts!
Public notice is hereby given by the Civil Service Commission of Hubbard, Ohio of a competitive examination for the position of Utility Lineman Trainee, Classification 3. Applications must be...Read More
Public notice is hereby given by the Civil Service Commission of Hubbard, Ohio of a competitive examination for the position of Utilities Billing Clerk, Classification 4. Applications must be...Read More
ELECTRONICS RECYCLING GRANT DROP OFF DATE: The City of Hubbard has announced that Saturday, June 19, 2021 we will be having an Electronics Recycling Event to be held at...Read More
The City of Hubbard has announced that the city’s annual branch/brush pickup will begin on Monday, June 28, 2021, and run through July 2, 2021.  All residents are asked...Read More
  The Grandview Ave. culvert replacement project has been completed ahead of schedule and the road is now OPEN. Thank you for your patience and understanding.
PUBLIC SERVICE ANNOUNCEMENT: The City of Hubbard has announced this year’s preventative mosquito spraying schedule. The first mosquito spray of the year has been scheduled for Tuesday, May 25...Read More
The City of Hubbard will begin the 2021 Flushing Program of all waterlines maintained by the City of Hubbard. Some of these waterlines are located in Hubbard Township, so...Read More
The City of Hubbard will begin the 2020 Flushing Program of all waterlines maintained by the City of Hubbard. Some of these waterlines are located in Hubbard Township, so...Read More
WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the...Read More
WASHINGTON (March 30, 2020) — Today, the U.S. Environmental Protection Agency is encouraging all Americans to only flush toilet paper, not disinfecting wipes or other non-flushable items that should be disposed...Read More
  The City of Hubbard income tax filing deadline has been extended to Monday, May 17, 2021 following the federal and state filing extension. We DO NOT prepare tax...Read More
The mayor’s office has been getting a lot of inquires regarding how to obtain information for Coronavirus cases by zip code and other questions. The State of Ohio COVID-19...Read More
K4K is affiliated with the Trumbull County Community Foundation, a philanthropic 501© non-profit organization.  The goal of the program is to develop positive experiences, relationships, and respect between community...Read More
Events
Calendar
<< Jun 2021 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1 2 3 4
Mon
21
City Council Meeting
Jun 21 @ 6:30 pm - 8:00 pm
Contact

City of Hubbard
Municipal Building

220 West LIberty Street
Hubbard, OH 44425
P 330.534.3090
F 330.534.8441

Consumer Confidence Report
Click here to download

Cross Connection Program
Click here to download