What is Taxable Income?

Generally, income such as, but not limited to: salaries, wages, commissions, wage continuation plans, sick pay, vacations, etc., tips, distributive share of net proftis of a partnership or subchapter "S" corporation which is not taxed as an entity in Eastlake, net profit from a business, net rental income, and income from lotterires and other games of chance. Resident post-secondary students may be entitled to a special credit; contact the Income Tax division for details.

Estimated Tax Payments

An annual estimate and first quarter payment is required to be filed by April 15 of each year if the non-withheld tax liability will exceed $60.00. Quarterly payments will be billed quarterly and are due as follows:

Individual - July 31, October 31, & January 31

Non-individuals - June 15, September 15 & December 15