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According to census data from 2010 to 2014, the median income for a household in the city was $34,139. The per capita income for the city was $17,596. About 26.7% of persons were in poverty. [57] The population of the Akron metropolitan area was 702,219 in 2020.
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Akron had been annexing parts of neighboring townships. This made for bad relations with the townships and hurt them economically. Mayor Don Plusquellic championed the idea of the JEDD as a way to expand the city's tax base without having to fight with its neighbors. This required new legislation from the state.
Properties reportedly owned or managed by Thomas and his companies now owe at least $164,428.55 — the largest back tax bill by any single landlord in the Greater Akron rental market, according ...
Not all municipalities levy income taxes; those that do range from 0.3% in the Village of Indian Hill to 3.0% in Parma Heights. Municipality names are not unique: there is a village of Centerville and a city of Centerville; also a city of Oakwood and two similarly named villages: Oakwood, Cuyahoga County, Ohio and Oakwood, Paulding County, Ohio.
Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).
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