What common sources of income are taxable for Arlington? | City of Findlay, Ohio
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What common sources of income are taxable for Arlington?


  • Medicare wages (W-2 Box 5) described in IRC 3121(a) without regard to limitations or exclusions [see ORC 718.03]
  • Salaries, commissions, and bonuses
  • Actual tips; allocated tips
  • Third-party sick pay through June 2007, sick pay, vacation pay
  • Severance pay, incentive pay
  • Strike pay
  • Contributions to deferred compensation plans such as IRC 401(k), 403(b), or 457
  • Stock options even if not reported in the W-2 box 5 Medicare wages
  • Salaries, wages, or stipends earned or received through college or university work-study programs, internships, and grant-funded programs even if not reported in the W-2 box 5 Medicare wages
  • Supplemental unemployment compensation benefits described in IRC 3402(o)(2)(A)
  • Employment-related prizes, awards, and gifts
  • Cost of group term life insurance for active employees for protection in excess of the amount specified in IRC 79
  • Net housing allowance (versus gross effective January 2000)
  • Lottery winnings (effective January 2010)
  • Fees received by: jurors, union stewards, directors, executors, executrixes
  • Other income and non-employee compensation reported on Federal Form 1099-MISC
  • Babysitting income
  • Business income
  • Farm income
  • Rental income
  • Covenants not to compete received by Arlington residents
  • Oil & gas royalties (i.e., derived from land)
  • Individuals’ gains on sales of real estate and tangible personal property used in business to the extent of depreciation taken [see Article III(A)(6)(c)(.1)(.08) of the Rules & Regulations] effective January 2010
  • IRC 1245, 1250, and 291 recapture for C corporations, S corporations, partnerships, LLCs, LPs, etc. effective January 2004 [see ORC 718.01(A)(1)(c), (d)(i) & (ii)] IRC 1221 and 1231 losses are not deductible
  • Resident member’s untaxed distributive share from an LLC or LLP
  • Resident general partner’s untaxed distributive share from a limited partnership
  • Resident partner’s untaxed distributive share from a partnership
  • Partnership guaranteed payments (Federal Form 1065, page 1, line 10)


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