Income Tax Credit Calculator
Use this calculator to estimate how a proposed change to Amberley Village's municipal income tax credit could affect your Amberley Village income tax.
What's being considered? Amberley Village's income tax rate would remain 2%. The proposal would change the maximum credit for qualifying municipal income taxes paid elsewhere from 2% to 1%.
Estimate Your Potential Tax Impact
Enter your annual taxable wages and select the municipality where you work.
Your information
Enter the taxable wages you want to use for this estimate.
Choose the municipality associated with your wage income.
Work municipality tax rate1.80%
Your estimated impact
Estimated additional Amberley Village income tax
$67per month$31per biweekly pay period
Annual total: $800 per year
Current vs. Proposed
| Current | Proposed | |
|---|---|---|
| Maximum credit | 2% | 1% |
| Amberley tax before credit | $2,000 | $2,000 |
| Credit for tax paid elsewhere | $1,800 | $1,000 |
| Estimated tax due to Amberley | $200 | $1,000 |
What this means
At $100,000 in taxable wages and Cincinnati's 1.80% municipal income tax rate, the proposed change would increase your estimated Amberley Village income tax by $800 per year.
At $100,000 in taxable wages and Cincinnati's 1.80% municipal income tax rate, the proposed change would increase your estimated Amberley Village income tax by $800 per year.
Estimate only. This calculator is intended to illustrate the potential effect of the proposed change to Amberley Village's municipal income tax credit on wage income.
Standalone test version: This calculator is a demonstration of the proposed change and is not approved for public release. Please test the municipality selection, custom rate and calculation before publication.