Income Tax


TAXATION

We are available daily to process tax payments and answer general tax questions in person, by phone, or email.

Tax returns will be processed by mail, unless you would like assistance from an auditor. If assistance is needed, please click here to request an appointment. Tax appointments are NOT required to have your return processed.

APPOINTMENTS for tax return preparation are scheduled FROM 8:30AM - 5:00PM, Monday through Friday. All required tax documents must be received 48 hours prior to the scheduled appointment. See the list below for required tax documents.

REQUIRED TAX DOCUMENTS

Copies of all required tax forms must accompany the return (we do not accept originals). Documents may be submitted by mail, fax, drop box, in person, or secure portal. We will no longer accept documents via email. To gain access to the secure portal, click here

Individual Returns: All W-2s, FED 1040 (page 1), Schedules 1, Schedules C, E, F & K-1, W2-G, 1099-MISC, 1099-NEC, and copies of other city tax returns if you are requesting credit for taxes paid to that city. Unemployment compensation is not taxable to the City – Federal Schedule 1 must be attached to the filed City return if unemployment was received in 2020.

Business Returns: Monroe return, 1120, 1120S, and 1065.

CITY OF MONROE TAX RATE: 2%

All residents of Monroe with earned income are required to file an income tax return with the City. *Retired residents are required to file a return every 3 years (next filing tax year 2021). The local income tax rate is 2% and applies to gross wages, salaries and other personal service compensation, and net profits of Monroe businesses. Qualifying homeowner’s and their dependents (as listed on Federal 1040) are exempt from the .5% increase and taxed at a 1.5% rate.

Taxable income also includes gambling winnings, rents from property and/or any other profit from businesses. Social security, pensions, interest and dividends are not taxable.

The City provides 100 percent credit up to your individual tax rate (2% for renters and 1.5% for homeowners) OR the tax rate paid to the workplace municipality (whichever is lower).