(a) Each resident of the City, eighteen (18) years of age or older, whether or not a tax be due thereon, each Ashtabula resident who conducts a business operation within the City or outside the City, whether or not a tax be due thereon, each non-resident who has business operations within the City and any non-resident who has been employed within the City and receives some type of earnings where no City income tax is withheld, is required to make and file an annual tax return on or before April 15 of the year following the effective date of this chapter, and on or before April 15 of each year thereafter, with the City Income Tax Department on a form obtainable from the Administrator, or a generic form, setting forth the aggregate amount (if any) of income, wages, or other compensation and net profits earned or received by him or her during the preceding year or period and subject to said tax, together with other pertinent information as the Administrator may require. Provided for other period different from the calendar year, the return shall be made within one hundred five (105) days from the end of said fiscal year or other period.
(b) The return shall also show the amount of the tax imposed on such earnings and profits. The taxpayer making the same return shall at the time of filing thereof, pay to the City Treasurer the amount of taxes as due thereon. Provided, however, that where any portion of said tax shall have been paid by such taxpayer pursuant to the provisions of Section 189.06 and/or Section 189.07 credit for the amount so paid shall be deducted from the amount shown to be due and only the balance, if any, shall be due and payable at the time of filing said final return.
(c) Tax assessments or refunds in an amount of one dollar ($1.00) or less will not be collected or refunded.
(d) Each individual earning or receiving income, qualifying wages, commissions and other compensation shall file with his/her tax return a copy of all Form W-2's, federal schedules or other such similar documentations as is required by instructions to the return, and such other pertinent statements, information returns or other information as the Administrator may require, to verify earnings and any City income tax withheld.
(e) An individual may not claim federal Form 2106 deductions for City income tax purposes unless that individual has claimed the same deduction for federal income tax purposes and attaches to his/her annual return a copy of the federal Form 2106 with the Internal Revenue Service.
(f) Each individual earning or receiving income from Business or from rental property shall file with his/her tax return a copy of Schedule C, Schedule E, or other similar form that was filed with his/her federal income tax return for the applicable tax year regardless of whether such form shows a profit or loss.
(g) Where necessary, an amended return shall be filed in order to report additional income and pay any additional tax due, or claim a return of tax overpaid, subject to the requirements and/or limitations contained in Sections 189.08, 189.12, and 189.13. Such amended return shall be on a form obtainable on request from the Administrator, or on an acceptable generic form. A taxpayer may not change the method of accounting (i.e., cash or accrual) or apportionment of net profits after the due date for filing the annual return.
(h) Losses from the operation of a business or a profession are not deductible from employee earnings. Rental and business losses may not be used to offset wage income.
(i) Any business, profession, association or corporation reporting a net loss is subject to the filing requirements of this chapter.
(Ord. 2004-26. Approved by voters 5-25-04.)