Income Tax Rate
The City of Marysville Income Tax rate is 1.5%.
The City of Marysville does not give tax credits for taxes paid to another city.
EMPLOYER WITHHOLDING CHANGES EFFECTIVE JANUARY 1, 2016
Employers are encouraged to file their annual reconciliations electronically. Refer to the W3 instructions for details.
Account Credits & Estimates
Prior year credits, that have been carried forward from previous years, and/or estimated payments can be verified by logging in to your account on the Tax Tool. Declaration of Estimated Tax for the current tax year is due by the original due date.
Partial Year Residents
Any taxpayer who resided in the City of Marysville for any part of a tax year is required to file a tax return (based on the partial year residency). Making payments for estimated tax does not constitute filing a final return. Income, deductions and credits may be applied on a prorated basis or by supplying verification from your employer (i.e. payroll check stubs or a letter detailing income earned while you lived in Marysville). Penalties and interest will not be charged for late or non-payments if you are an individual who currently resides in the City of Marysville but did not live here on the first day of January of the current calendar year.
All City of Marysville residents who are 18 years of age or older are required to file and remain in compliance with all filing requirements whether or not taxes are owed. Exemption from filing may be granted by the Income Tax Division under certain circumstances (see the Individual Exemption Form under Tax Forms). The failure to be notified or sent tax forms does not excuse non-compliance.
Mandatory Filing includes anyone temporarily living away from home such as college students, teachers, etc. Non-resident taxpayers who have income derived from within the City of Marysville and for who the tax is not withheld by their employer must file a City of Marysville Income Tax Return.
Penalties and Interest
For tax years 2015 and prior, fees are imposed for failure to file in a timely manner and/or failure to pay mandatory estimates. The penalty imposed for these tax years is 10% and interest is 2% per month (or fraction thereof). An extension of time to file is not an extension of time to pay so penalty and interest may incur if an extension is filed and the balance not paid by the original due date of the return.
For tax years 2016 and future, fees are imposed for failure to file in a timely manner and/or failure to pay mandatory estimates. The penalty imposed for these tax years is 15%. Additionally, a $25.00 per month late filing penalty would apply to any return filed after the due date. This penalty is capped at $150.00 for each tax year. An extension of time to file is not an extension of time to pay so penalty and interest may incur if an extension is filed and the balance not paid by the original due date of the return. Interest shall be imposed on all unpaid income tax, unpaid estimated income tax and unpaid employer withholding tax. The interest rate to be applied each calendar year is the federal short-term rate, rounded to the nearest whole number percent, plus 5%. The rate shall apply for the next calendar year following July of the year in which the federal short-term rate is determined under Section 1274 of the Internal Revenue Code.
- Calendar Year 2016 Annual Interest Rate: 5% (0.42% per month)
- Calendar Year 2017 Annual Interest Rate: 6% (0.5% per month)
- Calendar Year 2018 Annual Interest Rate: 6% (0.5% per month)
- Calendar Year 2019 Annual Interest Rate: 7% (0.58% per month)
- Calendar Year 2020 Annual Interest Rate: 7% (0.58% per month)
- Calendar Year 2021 Annual Interest Rate: 5% (0.42% per month)
Request for Extension of Time to File
Any taxpayer that has duly requested an automatic six-month extension for filing the taxpayer's federal income tax return shall automatically receive an extension for the filing of a municipal income tax return. In order to avoid the late filing penalty, a copy of your federal extension must be provided. Taxpayers may also timely file an extension with the City of Marysville by using our Extension of Time to File form. Please note that an extension of time to file the return is not an extension of time to pay any balance which may be owed. Interest and penalty may apply if the balance is not paid by the original date of the return.