The Village of Georgetown has a local income tax on the wages earned by residents of Georgetown, non-residents working in Georgetown, and the net profits of businesses located inside Georgetown. The tax rate is 1% of earned income and net profits. The Village of Georgetown allows a credit for residents who live inside the Village of Georgetown and have local tax withheld form their pay check from another city or village. The Maximum credit is 1% per W-2. The Georgetown income tax does not apply to income received from social security, retirement, pensions, military pay, unemployment interests on savings and certificates of deposits, ADC, and similar non-employee income.

All residents are required to register with the Georgetown Income Tax Bureau even if they have no taxable earnings. The regular office hours of the Income Tax Bureau are from 7:30 a.m. to 4:00 p.m., Mondays and Tuesdays. Forms and tax information/ordinance can be obtained in the Printable PDF links located on this page or from the Georgetown Income Tax Bureau at 301 South Main Street, PO BOX 116, or by phone at (937) 378-6395, ext. 1001.

Interest Rate

Effective January 1, 2020 the interest rate to be applied to all unpaid income and withholding tax balances is 7% per annum. This rate does not apply to any tax balances due for any prior years regardless of when the tax return is filed. Prior tax year’s interest rate is subject to Ordinance 1236.

Calendar YearAnnual RateMonthly Rate
20207.0 %0.583 %
20197.0 %0.583 %
2017-20186.0 %0.5 %
20165.0 %0.42 %
2020 - 2021 Important Dates
April 15,20202019 Individual and Business Tax Returns Due
NOTICE: Due date extended to July 15, 2020
April 15, 2020First Quarter 2020 Estimated Tax Due
April 30, 2020First Quarter 2020 Employee Withholding Tax Due
June 15, 2020Second Quarter 2020 Estimated Tax Due
July 31, 2020Second Quarter 2020 Estimated Withholding Tax Due
September 15, 2020Third Quarter 2020 Estimated Tax Due
October 15, 20202019 Tax Extension Return Due
October 31, 2020Third Quarter 2020 Employee Withholding Tax Due
January 15, 2021Fourth Quarter 2020 Estimated Tax Due
January 31, 2021Fourth Quarter 2020 Employee Withholding Tax Due
April 15, 20212020 Individual and Business Tax Returns Due
April 15, 2021First Quarter 2021 Estimated Tax Due
April 30, 2021First Quarter 2021 Employee Withholding Tax Due
June 15, 2021Second Quarter 2021 Estimated Tax Due
Monthly PayrollIf filing under the monthly filing rules for Employee Withholding, the tax is due on the 15th day of the following preceding month.