31-15 Municipal Income Tax - Laserfiche WebLink

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base of operation, the compensation shall be treated as earned or received where the individual is domiciled. (ivI)) For purposes of division (44j)(O15) of this section, "base of operation" means the location where an individual owns or rents an office, storefront, or similar facility to which the individual regularly reports and at which the individual regularly performs personal services for compensation. (F16) Compensation paid to a person for personal services performed for a political subdivision on property owned by the political subdivi- sion, regardless of whether the compensation is received by an employ- ee of the subdivision or another person performing services for the sub- division under a contract with tine subdivision, if the property on which services are performed is annexed to a municipal corporation pursuant to section 709.023 of the Ohio Revised Code on or after March 27, 2013, unless the person is subject to such taxation because of residence. If the compensation is subject to taxation because of residence, munici- pal income tax shall be payable only to the municipal corporation of residence. (Q17 ) Income the taxation of which is prohibited by the constitution or laws of the United States. Any item of income that is exempt income of a pass - through entity un- der division (4j) of this section is exempt income of each owner of the pass - through entity to the extent of that owner's distributive or propor- tionate share of that item of the entity's income. (R18) For an individual, the gain from the sale of rental real estate property. Any related loss from the sale of rental real estate property shall not be taken a airg nst any source of income of the individual. (ilk) "FORM 2106" means internal revenue service form 2106 fried by a tax- payer pursuant to the Internal Revenue Code. (131) "GENERIC FORM" means an electronic or paper form that is not pre- scribed by a particular municipal corporation and that is designed for reporting taxes withheld by an employer, agent of an employer, or other payer, estimated municipal income taxes, or annual municipal income tax liability, including a request for refund. (44m) "INCOME" means the following: (Al) (U) For residents, all income, salaries, qualifying wages, commissions, and other compensation from whatever source earned or received by the resident, including the resident's distributive share of the net profit of pass - through entities owned directly or indirectly by the resident and any net profit of the resident, except as provided in di- vision (23y)(O4) of this section. (iiB) For the purposes of division (14m)(Al)(iA) of this sec- tion: (ai) Any net operating loss of the resident incurred in the taxable year and the resident's distributive share of any net operating loss generated in the same taxa- ble year and attributable to the resident's ownership 29