IN Counties Announce Tax Rate Changes

DeKalb, Hancock and Monroe counties have changed their county income tax rates. These changes take effect on Oct. 1, 2014.

The changes for DeKalb, Hancock and Monroe counties are as follows:

  • DeKalb – The resident rate has increased from .015 to .02. The nonresident rate has decreased from .0075 to .005.
  • Hancock – The resident rate has increased from .0165 to .017. The nonresident rate has increased from .0045 to .005.
  • Monroe – The resident rate has increased from .0105 to .01095. The nonresident rate has increased from .002625 to .0027375.

Local income tax rates are established or adjusted by county officials and reported to the Indiana Department of Revenue, where they are cross-referenced to ensure they are supported by Indiana law.

The list of rates for all Indiana counties is available on the Indiana Department of Revenue’s website at http://in.gov/dor/reference/files/dn01.pdf. These rates affect businesses with employees who live or work in any of these counties and have income tax withholdings.

Employers with questions about these county income tax rates can contact the department at (317) 233-4016.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s