Income Taxes

Income Taxes

The City of Loveland income tax is a 1.0% earnings tax on persons who live or work in the City. A credit is given to residents who pay taxes to other municipalities. Residents who work in areas imposing less than a one percent earnings tax must pay the difference to Loveland. All residents must file a return even if no tax is owed. 

Filing Your Local Income Tax Returns

The City of Loveland uses the Regional Income Tax Agency (RITA) to collect local income taxes. Residents and businesses can file their local income tax returns with RITA using the following methods:

  • RITA eFile: Click here and click “My Account” to securely file your return through RITA’s website.
  • Individual Paper Forms: Click to download and print the appropriate return form and mail to RITA at the address listed on the form.
  • Business Paper Forms: Click to download and print the appropriate return form and mail to RITA at the address listed on the form.
The deadline to file your 2015 tax return is April 18, 2016.

Interest Rate

Ohio House Bill 5 (ORC 718.27) requires municipalities to publish the interest rate for tax underpayments by October 31st, for the next calendar year. The Regional Income Tax Agency has addressed this requirement on the City of Loveland’s behalf by posting this information to the RITA website. Please click here to be taken to this website. Based on the calculations required by House Bill 5, the annual interest rate will be as follows:

2016: 5.00%
2017: 6.00%

Not sure if you live in Loveland?  Click here to view all streets that are in Loveland.

Estimated Taxes

For tax years 2015 and prior, the Loveland Income Tax Code (Chapter 183, Section .07) requires individual taxpayers having estimated taxes due in excess of $100.00 to pay on a quarterly billing schedule. Noncompliance results in a penalty equal to 10% of the tax remaining due over $100.00 after the estimated payment deadline of January 31. To avoid assessment of such a penalty, the code provides three “safe harbor” options: 1) owe less than $100 when you file the annual return, 2) pay at least 100% of your previous year’s liability through employer withholding of Loveland tax or your work city tax (credit is limited to 1% of the wages taxed by such city), and/or direct payment of estimated taxes to Loveland or, 3) pay at least 90% of the current year’s liability through the same means as #2.

Starting Tax Year 2016 quarterly payments of estimated tax are required if the anticipated amount due is $200 or more.  The new due dates for 2016 estimated payments are April 15, June 15, September 15, and December 15.  Noncompliance results in a penalty equal to 15% of the tax remaining due over $200.00 after the estimated payment deadline of December 15.  To avoid assessment of such a penalty, the code provides three “safe harbor” options:  1)  owe less than $200 when you file the annual return, 2) pay at least 100% of your previous year’s liability through employer withholding of Loveland tax or your work city tax (credit is limited to 1% of the wages taxed by such city), and/or direct payment of estimated taxes to Loveland, or, 3) pay at least 90% of the current year’s liability through the same means as #2.

Extension Requests

For taxpayers on a federal extension, a separate request for a municipal extension is not required. Submit a copy of the federal extension with the filing of the extended municipal return.

For taxpayers not on a federal extension, an extension request must be submitted on or before the date of the municipal income tax return is due.  Click here for the extension request form.

Please remember that an extension only extends the time allowed to file an annual return, not the time allowed for payment.

Frequently Asked Questions

Click here to visit RITA’s frequently asked questions page.

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