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1. Are losses deductible?

Net losses cannot be off set against wage income. Loss from one business may be off set against profit from another business operated by the same individual.

2. How can I contact someone for assistance?

To contact someone to answer your tax questions view the Finance contact information.

3. What is a complete return?

A complete return includes completing all appropriate areas of the return, attaching all supporting schedules and documentation (i.e., W-2, Schedule C, E, 1120, 1065-K, ect.)

4. When are penalties and interest assessed?

Penalties and interest are assessed when payments due are received after the due date. In case of estimate payments an amount will be assessed at the time the return is filed if total credits do not equal 90% of the total sum.

5. When is a return due?

For calendar year 2019, the filing deadline is July 15, 2020.

Calendar year taxpayers should file on or before April 15. Fiscal year taxpayers should file on or before the 15th of the fourth month following the close of the fiscal year. Total Amount shown due on the return must be paid when return is filed. 

6. Where can I get tax forms?

You can find our tax forms on the Tax Information and Forms page.

7. Who is eligible for income tax preparation services?

Households earning less than $35,000 are eligible to receive income tax preparation assistance.

8. Who may receive an extension?

When, for good cause, a return cannot be filed in a timely manner, an extension may be granted. An extension is for filing a return, not for payment of the tax and therefore an estimate amount of tax must be paid with the request. Amounts paid after the original due date of the return are subject to interest and/or penalties as provided by ordinance.

9. Who should file?

Individual having income subject to the tax from which the full tax was not withheld (Form RI) and corporations, partnerships, trusts, estates, and other entities conducting business or performing services in the City of Dayton regardless of profit or loss (Form RB).