VILLAGE INCOME TAX INFORMATION
Frequently asked questions
All full or part time residents of the village 18 years of age and older must file a yearly tax return whether or not any tax is due. Also, any non-resident who owns rental property in the village must file an annual tax return.
1% of Gross Income earned within the village or by a village resident.
If you are employed within the village of Fredericksburg your employer should withhold the necessary income tax from your paycheck, but you still must file all necessary returns. If you are employed outside of the village and income tax is being withheld for another village or city; the Village of Fredericksburg offers a credit of up to 1%. Amounts paid over 1% to another municipality are not credited because the tax was not paid to Fredericksburg.
Annual returns are due on April 15 along with a Declaration of Estimated Income for the following year. Failure to file the proper forms by this date may result in penalties and interest.
You must still pay tax for the portion of the year you resided and/or were employed in Fredericksburg.
Certain types of income are not taxable (i.e. Military Pay, Pensions, Social Security Benefits, Permanent Disability Benefits…etc). If you believe that your income may not be taxable you should consult the ordinance, which is a separate page on this website, for all exempted income.
INCOME TAX FORMS
Annual income tax return filing
EZ Individual income tax form
Declaration of estimated income tax
Employer’s quarterly tax return for tax withheld
Emploer’s annual reconciliation form