What deductions may I take?

There is no standard deduction. There are no exemptions. The tax is assessed at a flat rate. Business and rental losses deducted from W-2 wages are not permitted. However, business and rental losses may be used to offset business and rental profits on the same return, for residents only.

Show All Answers

1. Can I request a refund for the time I worked from home during COVID?
2. Does the City of Athens assess an income tax?
3. What is the tax rate?
4. Are all sources of income taxable?
5. If I live outside the Athens city limits, am I subject to the Athens city income tax?
6. Do I need to file a return if my business activity reported a loss for the year?
7. What deductions may I take?
8. How does the Athens City Income Tax Return differ from the Federal Income Tax Return?
9. What should I include with my return?
10. How do I submit an extension request?
11. When is my income tax return due?
12. Do I need to file an annual City of Athens income tax return?
13. How can I find out if I need to pay and file Athens City Income tax?